Stere logo — Reinventing insurance distribution

Stere

Reinventing insurance distribution

Founded 2021 United States New York, United States 26 employees Seed Total: $7.00M Fintech, Insurance +1

General Information

Company Name Stere
Founded Year 2021
Location United States New York, United States +1
Employees 26
Industries Fintech, Insurance, Insurtech
Funding Stage Seed
Social

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About Stere

Stere is a fintech startup that aims to revolutionize the insurance distribution industry. Founded in 2021 and headquartered in the United States, Stere has recently secured a $5.00M Seed Round investment on 26 September 2022 from notable investors including InsurTech Fund, Vida Capital, and Farmington Capital Partners. Stere's digital platform is designed to empower insurers by providing the technological foundation to adapt and thrive in the fast-evolving market. The platform enables seamless integration of insurers' existing APIs or the development of Underwriting APIs equipped with various features, such as rate, quote, bind, policy issuance, data enrichment, KYC/KYB, and billing capabilities. This "API-as-a-Service" model simplifies and streamlines the connection between businesses and insurers, fostering new opportunities for market engagement and innovation. Moreover, Stere Platform not only accelerates the underwriting process, from data enrichment to policy issuance, but also enhances the user experience for end-customers, brokers, and agents by creating user-friendly digital journeys that require minimal to no-human intervention. The platform's scalability positions insurers to reduce expense ratios, while adding agility, speed, and growth opportunities for both insurers and distribution partners. With operations in North America, Latin America, and Asia Pacific, Stere is committed to leveraging advanced technology to transform insurance interactions. The company's dedication to developing advanced, user-friendly solutions solidifies its position as a strategic partner for businesses navigating the future of insurance with confidence.

Taxonomy: Insurtech, Insurance distribution, API-as-a-Service, Digital platform, Commercial insurance, Insurance innovation, Insurance technology, MGA/MGU, Embedded insurance, Business development, Insurance programs, Capacity providers, Underwriting APIs, Technology solutions

Services & Products

Stere API-as-a-Service
Stere Distribution
Data Analytics
Global Expansion

Target Customers

Insurers Embedded Partners Brokers & Agents Developers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor
•••• ••••
26 Sep 2022
Seed Round •••••• 7
Investor Investor Investor Investor Investor
•••• ••••
14 Dec 2021
Pre Seed Round •••••• 1
Investor
23 Sep 2021

Stere Alternatives & Competitors

Stere vs
House of Insurtech
House of Insurtech United Kingdom

An InsurTech specialising in digital platforms, rating and data enrichments that 'makes insurance ea...

Seed
5 employees
Fintech, Insurance
Stere vs
Cuvro
Cuvro Puerto Rico

Empowering insurance agents with a digital platform to overcome inefficiencies and accelerate digita...

3 employees
Insurance, Insurtech
Stere vs

The intelligent insurance consultation platform

Series B
88 employees
Financial Services, Fintech
Also compare with: Stere vs Assurekit Technologies Assurekit Technologies

FAQ About Stere

Reinventing insurance distribution
Stere was founded in 2021.
Stere is headquartered in New York, United States.
Stere operates in the following industries: Fintech, Insurance, Insurtech.
Stere has approximately 26 employees.
Stere has completed 3 funding rounds, raising a total of $7.00M. The latest funding stage is Seed.
Stere offers: Stere API-as-a-Service, Stere Distribution, Data Analytics, Global Expansion.
Top alternatives and competitors to Stere include House of Insurtech, Cuvro, Thinksurance, Assurekit Technologies, Convr. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Stere and House of Insurtech 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.

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