Surround Insurance

Surround Insurance

Helping consumers navigate the uncertainty of life with smarter insurance.

Founded 2018

Cambridge, United States 11 employees Seed Total: $5.74M Financial Services, Fintech +1

Surround Insurance is a modern insurance company that aims to cater to the unique needs of contemporary consumers. The company's slogan "Helping consumers navigate the uncertainty of life with smarter insurance" encapsulates its mission to provide tailored insurance solutions. Founded in 2018, Surround Insurance operates in the Financial Services, Fintech, and Insurtech sectors, with its headquarters located in the United States. Surround Insurance's approach is centered around addressing the evolving needs of consumers who are increasingly choosing shared access over owned assets, leading to greater financial uncertainty. The company's dedication to reinventing traditional insurance products to better serve this demographic is evident through its commitment to designing insurance products that resonate with these new consumers. Noteworthy achievements include being incubated at the Harvard Innovation Labs via the Launch Lab X program, as well as being recognized with the MassChallenge FinTech 2019 Platinum Award. Additionally, in November 2022, the company secured a significant $2.50M Seed Round investment from prominent investors such as Cameron Ventures, Newark Ventures, Aperture® Venture Capital, and MassMutual. Surround Insurance's ability to secure backing from established insurance and technology veterans underscores the confidence in its vision for customer-centric, technology-enabled insurance. With a strong focus on empowering consumers and reshaping the insurance landscape, Surround Insurance is poised to make a meaningful impact in the industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$2.50M	4	Cameron Ventures, Newark Ventures +2	21 Nov 2022
Seed Round	Undisclosed	2	MassMutual Impact Investing, MassMutual Catalyst Fund	19 Oct 2022
Seed Round	$1.75M	7	Newark Ventures, Vincent J. Dowling +5	31 Dec 2021
Pre Seed Round	$1.43M	7	Cameron Ventures, Sure Ventures +5	31 Dec 2019
Grant	$60.00K	-		25 Jun 2019
Non Equity Assistance	Undisclosed	-		01 Mar 2019
Non Equity Assistance	Undisclosed	-		03 Jan 2019

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$2.50M

Cameron Ventures, Newark Ventures +2

21 Nov 2022

Seed Round

Undisclosed

MassMutual Impact Investing, MassMutual Catalyst Fund

19 Oct 2022

Seed Round

$1.75M

Newark Ventures, Vincent J. Dowling +5

31 Dec 2021

Pre Seed Round

$1.43M

Cameron Ventures, Sure Ventures +5

31 Dec 2019

Grant

$60.00K

25 Jun 2019

Non Equity Assistance

Undisclosed

01 Mar 2019

Non Equity Assistance

Undisclosed

03 Jan 2019

FAQ About Surround Insurance

Helping consumers navigate the uncertainty of life with smarter insurance.

Surround Insurance was founded in 2018.

Surround Insurance is headquartered in Cambridge, United States.

Surround Insurance operates in Financial Services, Fintech and Insurtech. Its work centres on InsurTech, property and casualty insurance, technology-enabled insurance and young urban professionals.

Surround Insurance has approximately 11 employees.

Surround Insurance has completed 7 funding rounds, raising a total of $5.74M. The latest funding stage is Seed.

Top alternatives and competitors to Surround Insurance include FilingMate, Certificial, Sapiens, The Heart, kWh Analytics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Surround Insurance and FilingMate 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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Funding Rounds & Investors (7)

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