Surance.io

Surance.io Overview

Surance.io provides insurance products and services for internet of things (IoT) assets. The company’s risk-prediction model is designed to enable insurers to execute plug-and-play digital sales processes, automatic underwriting, and digital claims processing on cyber insurance for IoT assets. Surance.io’s first product, Home Safety Net, scans the home’s connected devices, provides alerts about risks, recommends ways to avoid threats, and offers personalized cyber insurance that covers physical and media damages. The company’s products may act as loss leaders for other product lines or as standalone insurance products.

Cumulative Funding Raised Over Time ($)

Latest News

Apr 13, 2022 · www.finsmes.com

growth-positive

Surance.io Closes US$4M Series A Funding Round

InsurTech startup Surance.io has closed a $4M Series A funding round. Tech Mahindra has acquired 25% equity of the startup with an option to invest in an additional 20%. The investment will support the global expansion of the company. Surance.io offers a preventive cyber-safety insurance policy and a white-labeled full-stack solution for partners to launch a cyber protection service backed by insurance. The company aims to improve customer retention, increase cross-buying intentions, enhance trust, and achieve higher renewal rates.

InvestmentPartners

Funding

Team Members

2

Employees: 1-10

Web & Social Links

Locations

Ramat Hasharon, Israel

6246 Sunnycrest Dr, Oak Park, CA, USA

30 MacIntosh Boulevard, Vaughan, Concord, Ontario, Canada

Photos & Videos

1 item(s)

Surance.io Internal

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