Assured Risk Cover Overview
- Year Founded
-
2013

- Status
-
Private
- Employees
-
3

- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$4.95M
- Investors
-
9
Assured Risk Cover General Information
Description
Provider of parametric hurricane insurance coverage services intended to offer immediate financial relief following catastrophes to homeowners, renters, and businesses. The company's services are provided using technology and science and have no deductibles, inspection, adjusters, claims delays, or exclusions, enabling users to alleviate problems caused due to wind, flood, storm surge, flying debris, mold, or power outages as claims are paid within a day of email attestation by insureds.
Contact Information
Website
www.assuredriskcover.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Property and Casualty Insurance
Other Industries
Other Services (B2C Non-Financial)
Primary Office
- 4900 Hopyard Road
- Suite 100
- Pleasanton, CA 94588
- United States
+1 (925) 000-0000
Assured Risk Cover Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
2. Seed Round | 01-Jan-2019 | $4.95M | 00.000 | 000.00 | Completed | Generating Revenue |
1. Seed Round | 14-Dec-2015 | 00.000 | 00.000 | 00.000 | Completed | Generating Revenue |
Assured Risk Cover Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed-1 | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Seed | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Assured Risk Cover Executive Team (3)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Alok Jha Ph.D | Co-Founder & Chief Executive Officer | ||
Kannan Narayanan | Co-Founder & Head of Technology |
Assured Risk Cover Board Members (2)
Name | Representing | Role | Since |
---|---|---|---|
Kevin Schrage | Self | Advisor & Board Member | 000 0000 |
Assured Risk Cover Signals
Assured Risk Cover Investors (9)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
SenseAI Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Bikky Khosla | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Indian Angel Network | Angel Group | Minority | 000 0000 | 000000 0 | |
Inventus Capital Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Ritesh Veera | Angel (individual) | Minority | 000 0000 | 000000 0 |