Tech Company Financing Transactions
Onsurity Funding Round
Onsurity secured a $21 million funding round on 9/16/2024. Investors included Creaegis, International Finance and Nexus Venture Partners.
Transaction Overview
Company Name
Announced On
9/16/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Creaegis (Lead Investor) (Prakash Parthasarathy)
Proceeds Purpose
The fresh funds to launch new digital offerings and product lines targeted at SMEs. Additionally, the startup plans to enhance its technology stack, improve the claims process, and create new digital "greenfield" products.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Smartworks, Vaishnavi Tech Park, South Tower Sy Number-16/1,
Bengaluru, Karnataka, 560103
IN
Bengaluru, Karnataka, 560103
IN
Phone
Undisclosed
Website
Email Address
Overview
Developer of a healthcare platform designed to simplify health tech and employee benefits with technology. The company's platform offers technology-based products and services, including benefits like group health insurance, discounts on medicine orders and health check-ups, fitness rewards, doctor teleconsultation, and other integrated services, providing SMEs and startups with technology-oriented alternatives to improve employee and team wellness.
Management Team
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We do our best to report on tech company VC transactions. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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