Surround Insurance logo — Helping consumers navigate the uncertainty of life with smar...

Surround Insurance

Helping consumers navigate the uncertainty of life with smarter insurance.

Founded 2018 United States Cambridge, United States 11 employees Seed Total: $5.74M Financial Services, Fintech +1

General Information

Company Name Surround Insurance
Founded Year 2018
Location United States Cambridge, United States +1
Founders / Decision Makers
Team member
Employees 11
Industries Financial Services, Fintech, Insurtech
Funding Stage Seed
Social

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About Surround Insurance

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.

Taxonomy: InsurTech, property and casualty insurance, technology-enabled insurance, young urban professionals, angel investor-backed, venture-backed, insurance innovation, Harvard Innovation Labs, Launch Lab X, MassChallenge FinTech, Plug and Play, startup, insurance technology, financial uncertainty

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 4
Investor Investor Investor
•••• ••••
21 Nov 2022
Seed Round •••••• 2 •••• •••• 19 Oct 2022
Seed Round •••••• 7
Investor
•••• ••••
31 Dec 2021
Pre Seed Round •••••• 7
Investor Investor Investor
•••• ••••
31 Dec 2019
Grant •••••• - 25 Jun 2019

View All 7 Funding Rounds

Surround Insurance Alternatives & Competitors

Surround Insurance vs
Vouch Insurance
Vouch Insurance United States

Vouch is a new kind of insurance platform for startups.

Series C
153 employees
Finance, Financial Services
Surround Insurance vs

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Surround Insurance vs
SafeButler Inc.
SafeButler Inc. United States

We help people better protect their future

Seed
1 employees
Finance, Insurance

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 the following industries: Financial Services, Fintech, Insurtech.
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 Vouch Insurance, BNC Insurance and Risk Advisors, an Acrisure Company, SafeButler Inc., Shory, Wrisk. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Surround Insurance and Vouch Insurance 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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