Tech Company Financing Transactions
Delos Insurance Solutions Funding Round
Delos Insurance Solutions secured a $9 million funding round on 11/1/2024. Backers included HSBC Asset Management, Blue Bear Capital and IA Capital Group.
Transaction Overview
Company Name
Announced On
11/1/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations, its business reach to other states and its development efforts.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
548 Market St. #77584
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
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.
Management Team
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