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Assured Risk Cover

Description

Provider of hurricane insurance coverage services intended to offer immediate financial relief following catastrophes. The company's hurricane insurance coverage services are provided using technology and science, enabling users to alleviate problems due to delayed claim payments.

2013

Founded

PRIVATE

Status

Seed

Latest Deal Type

$2.5M

Latest Deal Amount

$2.5M

Total Amount Raised

5

Investors

Description

Provider of hurricane insurance coverage services intended to offer immediate financial relief following catastrophes. The company's hurricane insurance coverage services are provided using technology and science, enabling users to alleviate problems due to delayed claim payments.

Website:

www.assuredriskcover.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Other Insurance

Primary Office

4637 Chabot Drive Suite 230 Pleasanton, CA 94588United States +1 (925) 425-9372
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Assured Risk Cover Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Assured Risk Cover Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Assured Risk Cover Investors (5)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Indian Angel NetworkAngel GroupMinority000 0000000 0000
Inventus Capital PartnersVenture CapitalMinority000 0000000 0000
Ritesh VeeraAngel (individual)Minority000 0000000 0000
Singapore Angel NetworkOtherMinority000 0000000 0000
Venkat RajuAngel (individual)Minority000 0000000 0000
Indian Angel Network Angel Group
Inventus Capital Partners Venture Capital
Ritesh Veera Angel (individual)
Singapore Angel Network Other
Venkat Raju Angel (individual)

Assured Risk Cover Executive Team (3)

NameTitleBoard
Seat
Contact
Info
Alok Jha Ph.DCo-Founder, Chief Executive Officer & Chairman
Kannan NarayananCo-Founder & Head of Technology
Amit KauraCo-Founder
Alok Jha Ph.D Co-Founder, Chief Executive Officer & Chairman
Kannan Narayanan Co-Founder & Head of Technology
Amit Kaura Co-Founder

Assured Risk Cover Board Members (3)

NameRepresentingRoleSinceContact
Info
Alok Jha Ph.DAssured Risk CoverCo-Founder, Chief Executive Officer & Chairman000 0000
Kanwal Rekhi Ph.DInventus Capital PartnersCo-Founder & Managing Director000 0000
Kevin SchrageAssured Risk CoverBoard Member000 0000
Alok Jha Ph.D Co-Founder, Chief Executive Officer & Chairman Assured Risk Cover
Kanwal Rekhi Ph.D Co-Founder & Managing Director Inventus Capital Partners
Kevin Schrage Board Member Assured Risk Cover
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