Sure Ventures

Sure Ventures, LLC is a venture capital firm established in 2017 and located in Mountain View, California. It specializes in seed and early-stage investments, primarily targeting the insurtech sector. The firm aims to support software technology companies that address various aspects of insurance, aging, mental health, and wealth management. Through its investments, Sure Ventures seeks to enable peace of mind for individuals and businesses by fostering innovation within these critical industries.

Gopinath Rangan

Founding Partner

Past deals in Insurance

Insurate

Seed Round in 2021
Insurate is an insurance technology provider, wholesaler, and managing general agency focused on developing innovative occupational insurance products for the industrial workforce in the United States. By utilizing data science and predictive analytics, Insurate identifies businesses that demonstrate a safety record above the industry average. This enables the company to offer these businesses access to fair and transparent workers' compensation insurance rates, allowing them to achieve significant savings on their policies. Through its technology-driven approach, Insurate aims to enhance the fairness and transparency of the workers' compensation insurance market.

TrustLayer

Series A in 2021
TrustLayer is an insurtech solutions company that automates insurance verification with machine learning & AI and provides real-time updates on the R3 Corda distributed ledger ecosystem. TrustLayer helps companies eliminate error-prone, manual processes and streamline existing workflows to increase insurance compliance and decrease organizational risk. Customers in multiple billion dollar industries such as construction and property management rely on TrustLayer for its ease of use, tracking and verifying certificates of insurance & other business documents, increased vendor compliance, and the ability to utilize their platform for multiple use cases.

Mile Auto

Seed Round in 2021
Mile Auto, Inc. is an auto insurance provider that specializes in pay-per-mile coverage for low-mileage drivers in Georgia, Illinois, and Oregon. Founded in 2017 and headquartered in Atlanta, the company offers full coverage auto insurance, including protection against accidents, theft, and damage. Customers benefit from comprehensive and collision coverage options, as well as additional services such as rental vehicle reimbursement and roadside assistance. Utilizing patented computer vision technology, Mile Auto allows customers to report their mileage via smartphone once a month, ensuring transparent billing based on actual miles driven. The company caters to a diverse clientele, including college students, retirees, urban commuters, and remote workers, aiming to help them save money on their insurance costs. Policies are available through the company’s agents.

Surround Insurance

Seed Round in 2021
Surround designs customer-centric insurance products for modern lifestyles. The company’s first offering is a subscription starter pack of insurance coverages for young, urban professionals who rent, share, borrow, and freelance.

Joshu

Seed Round in 2021
Joshu helps insurance carriers launch online distribution channels quickly and independently.

Decent

Series A in 2020
Decent Inc. is a healthcare insurance provider based in Mill Valley, California, founded in 2018. The company specializes in offering health and medical insurance plans tailored for self-employed professionals, notably the Trailblazer Plan, which is designed to meet the unique needs of freelance workers. Decent aims to make healthcare more affordable by aligning incentives to enhance health outcomes and lower costs. Utilizing innovative technologies such as cryptocurrency and blockchain, Decent's platform facilitates access to a range of insurance options while partnering with a network of healthcare providers, including doctors, hospitals, and specialists. This approach places members at the center of their care, promoting better health management and financial savings.

Surround Insurance

Pre Seed Round in 2020
Surround designs customer-centric insurance products for modern lifestyles. The company’s first offering is a subscription starter pack of insurance coverages for young, urban professionals who rent, share, borrow, and freelance.

Coterie Insurance

Series A in 2020
Coterie Applications Inc. is a digital managing general underwriter based in Cincinnati, Ohio, specializing in commercial insurance solutions tailored for various workforce needs. Founded in 2018 by David McFarland, Kevin Mackey, and Tim Metzner, Coterie utilizes an API-based approach that seamlessly integrates insurance into the existing tools and processes used by businesses. This technology-driven platform employs data-driven automation to deliver accurate coverage, streamline the quoting process, and issue policies efficiently. By simplifying the complexities of insurance management, Coterie aims to help businesses mitigate unwanted risks and save time, ultimately enhancing the overall experience of obtaining commercial insurance.

Hi Marley

Series A in 2019
Hi Marley, Inc. provides a conversation platform for the insurance industry. It offers Marley, a conversational service platform that connects insurance companies with customers through intelligent messaging and human touch. The company’s Marley web application enables insurers to build connections with their customers through messaging, as well as to update customers and respond to routine questions. It serves auto, home, and business insurance companies. Hi Marley, Inc. was founded in 2017 and is based in Boston, Massachusetts.

Decent

Seed Round in 2018
Decent Inc. is a healthcare insurance provider based in Mill Valley, California, founded in 2018. The company specializes in offering health and medical insurance plans tailored for self-employed professionals, notably the Trailblazer Plan, which is designed to meet the unique needs of freelance workers. Decent aims to make healthcare more affordable by aligning incentives to enhance health outcomes and lower costs. Utilizing innovative technologies such as cryptocurrency and blockchain, Decent's platform facilitates access to a range of insurance options while partnering with a network of healthcare providers, including doctors, hospitals, and specialists. This approach places members at the center of their care, promoting better health management and financial savings.

Mile Auto

Seed Round in 2017
Mile Auto, Inc. is an auto insurance provider that specializes in pay-per-mile coverage for low-mileage drivers in Georgia, Illinois, and Oregon. Founded in 2017 and headquartered in Atlanta, the company offers full coverage auto insurance, including protection against accidents, theft, and damage. Customers benefit from comprehensive and collision coverage options, as well as additional services such as rental vehicle reimbursement and roadside assistance. Utilizing patented computer vision technology, Mile Auto allows customers to report their mileage via smartphone once a month, ensuring transparent billing based on actual miles driven. The company caters to a diverse clientele, including college students, retirees, urban commuters, and remote workers, aiming to help them save money on their insurance costs. Policies are available through the company’s agents.
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