Tech Company Financing Transactions
Authentic Insurance Funding Round
FirstMark Capital, Altai Ventures and Commerce Ventures participated in a $11 million Series A venture round for Authentic Insurance. The financing round closed on 5/29/2024.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
41 University Place
New York City, NY 10003
USA
New York City, NY 10003
USA
Phone
Website
Email Address
Overview
We empower community leaders (associations, SaaS companies, affinity groups, etc.) to launch captive insurance programs. Learn more about Authentic and captive insurance on our website! Insurance was a simple structure for communities to pool assets for a rainy day. At Authentic, we're returning insurance to these roots. Modern communities exist outside of geographic boundaries; our platform uses technology to restore the simplicity of insurance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cole Riccardi
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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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