Zensurance

Toronto, Canada Founded: 2016 • Age: 10 yrs Acquired By Travelers
Insurance needs of SMEs are managed via an online platform.
Annual revenue - Latest available
Total funding $2.2M 3 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About Zensurance

Zensurance is a company based in Toronto (Canada) founded in 2016 was acquired by Travelers in August 2018. Zensurance has raised $2.2 million across 3 funding rounds from investors including Travelers, DMZ Ventures and Ferst Capital Partners. Zensurance offers products and services including Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance. Zensurance operates in a competitive market with competitors including Ocean Falls Blockchain, Base Portfolio, Advanced Business Insurance and Bullfrog Insurance, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Zensurance Brokers Inc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.2 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Jul 01, 2018

  • Investors
    Travelers

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Travelers

    (Aug 15, 2018)

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Products & Services of Zensurance

Zensurance offers a comprehensive portfolio of products and services, including Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance.

Product name locked
Category locked
Primary

Offers quotes and policies for business liability and property coverage

Product name locked
Category locked
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Provides protection against business-related risks and claims

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Covers digital threats and data breaches for businesses

People of Zensurance

Headcount 50-200
Employee Profiles 86
Employee Profiles
People
Maikel Muñoz Roja
Staff Software Developer
People
Marlee Roth
Software Developer
People
Shannon Henderson
Commercial Account Manager
People
Cheryl Fearon
Vice President of Sales

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Funding Insights of Zensurance

Zensurance has successfully raised a total of $2.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Zensurance

Zensurance has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Travelers, DMZ Ventures and Ferst Capital Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups across sectors are accelerated by DMZ Ventures.
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Portfolio investment services are offered by Ferst Capital Partners.
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Portage is engaged in fintech and financial services investments.
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Investor details for Zensurance

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  • Investor domains
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Investments & Acquisitions by Zensurance

Investments
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Investment portfolio details for Zensurance

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  • Transaction dates
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Financial Statements - Zensurance

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Detailed financials for Zensurance

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  • Profit trends
  • Statement rows
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Zensurance Comparisons

Zensurance Primary company
Description
Insurance needs of SMEs are managed via an online platform.
Location
Toronto, Canada
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Zensurance

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Zensurance

Zensurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ocean Falls Blockchain, Base Portfolio, Advanced Business Insurance and Bullfrog Insurance, among others.

Company Name Domain Founded year HQ Location Description
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Cryptocurrency mining hosting services are provided using renewable energy.
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An online platform offering insurance solutions tailored for real estate owners.
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Provides quotes for various business insurance options in Canada.
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Offered fast, simple online shopping for small business insurance coverage in Canada.
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Detailed competitors of Zensurance

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  • Full company profiles
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Latest news on Zensurance

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Complete news archive for Zensurance

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Zensurance

Zensurance was founded in 2016.

Zensurance is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Zensurance is a funded company, having raised a total of $2.2M across 3 funding rounds to date.

Zensurance was founded in 2016 in Toronto, Canada, as an online platform focused on the insurance sector for small and medium-sized enterprises. Business insurance requirements are addressed by identifying tailored policies, comparing rates from various insurers, and generating quotes for industries including hospitality, media, financial services, real estate, and healthcare. Operations are conducted digitally to streamline access for startups and small businesses.

Zensurance's top competitors include Ocean Falls Blockchain, Base Portfolio and Advanced Business Insurance.

Zensurance offers Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance.

Zensurance has 5 investors. Key investors include Travelers, DMZ Ventures, Ferst Capital Partners, Portage, and The Next Big Idea Contest.

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