Tech Company Financing Transactions

Delos Insurance Solutions Funding Round

Delos Insurance Solutions, based in San Francisco, secured $7.3 million in funding from IA Capital Group, Avanta Ventures and Blue Bear Capital.

Transaction Overview

Announced On
9/14/2023
Transaction Type
Venture Equity
Amount
$7,300,000
Round
Seed
Proceeds Purpose
The company intends to use the funds for its expansion across the California homeowners' insurance market.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
548 Market St. #77584
San Francisco, CA 94104
USA
Email Address
Overview
Everyone on our founding team grew up here. Delos Insurance was founded in San Francisco in 2017 and is a technology-powered insurance company focused on offering homeowners insurance in California. As a Managing General Agent (MGA), Delos offers policies on behalf of our partners, Homesite Insurance Company (an A rated carrier) and Lloyd's of London (A rated). To become the first insurance company to actively help protect our customers from wildfires. In a time when so many insurance companies are retreating to big cities and pulling out of communities at risk of wildfire, we have built best-in-class data analytics which enables us to deeply understand wildfire risk. We can accurately identify and cover low-exposure homes in communities which other companies won't insure. Soon we will also use our technology to help people continually decrease the risk to their homes, protecting them before disaster strikes. This is the way insurance should be.
Profile
Delos Insurance Solutions LinkedIn Company Profile
Social Media
Delos Insurance Solutions Company Twitter Account
Company News
Delos Insurance Solutions News
Facebook
Delos Insurance Solutions on Facebook
YouTube
Delos Insurance Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kevin Stein
  Kevin Stein LinkedIn Profile  Kevin Stein Twitter Account  Kevin Stein News  Kevin Stein on Facebook
Chief Technical Officer
Arik Yelovitch
  Arik Yelovitch LinkedIn Profile  Arik Yelovitch Twitter Account  Arik Yelovitch News  Arik Yelovitch on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/14/2023: Beam Benefits venture capital transaction
Next: 9/14/2023: Summus Global venture capital transaction

 

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