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ensuredit logo — Insurtech for everyone! We are changing the way Insurance is...

ensuredit

Insurtech for everyone! We are changing the way Insurance is understood and sold.

Founded 2019 India India 58 employees Seed Total: $330.73M AI, Fintech +1

General Information

Company Name ensuredit
Founded Year 2019
Location India India
Employees 58
Industries AI, Fintech, Insurtech
Funding Stage Seed
Social

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About ensuredit

Ensuredit is an Indian insurtech startup founded in 2019, with the slogan "Insurtech for everyone! We are changing the way Insurance is understood and sold." The company is at the forefront of the global transformation in the insurance industry, leveraging technologies such as AI, Blockchain, and IoT. Ensuredit aims to address the challenges faced by insurance intermediaries, including distribution expansion, affordability, and product-market fit, ultimately promoting financial inclusion. The company's AI-based product platforms provide a transformative customer experience, empowering both end customers and insurance intermediaries. Notably, the startup has secured a significant INR330.00M Seed Round investment on 05 July 2022, with participation from prominent investors including CP Ventures, IPV Capital, Venture Catalysts, 9Unicorns, Cover Genius, and NexStep Discovery. With its strong industry partnerships with major insurance companies, brokerages, and NBFCs, Ensuredit is poised to continue its disruptive impact on the insurance sector. Moreover, the company has launched the Beta version of its Platform APP ICE Insurance on Google Playstore, signaling its commitment to technological innovation and user-centric solutions.

Business keywords: Insurtech, AI-based products, IOT, Insurance intermediaries, Digital transformation, Customer experience, Distribution expansion, Affordability, Product-market fit, Financial inclusion, Partnerships, Technology-driven insurance, Beta platform

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round INR330.00M 6
CP Ventures IPV Capital Venture Catalysts
CP Ventures, IPV Capital +4
05 Jul 2022
Seed Round Undisclosed 2
CP Ventures
CP Ventures, 9Unicorns Accelerator Fund
04 Aug 2021
Seed Round $730.00K 2
Emlyn Scott, Chris Sang
11 Dec 2020

ensuredit Alternatives & Competitors

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ensuredit vs
SurerSG
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FAQ About ensuredit

Insurtech for everyone! We are changing the way Insurance is understood and sold.
ensuredit was founded in 2019.
ensuredit is headquartered in India.
ensuredit operates in AI, Fintech and Insurtech. Its work centres on Insurtech, AI-based products, IOT and Insurance intermediaries.
ensuredit has approximately 58 employees.
ensuredit has completed 3 funding rounds, raising a total of $330.73M. The latest funding stage is Seed.
Top alternatives and competitors to ensuredit include SurerSG, Figuro, Helvengo, Inclusivity Solutions, Cover Genius. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ensuredit and SurerSG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ensuredit, https://bouncewatch.com/company/ensuredit, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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