Althea (Property and Casualty Insurance) Overview
- Year Founded
-
2025
- Status
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Private
- Latest Deal Type
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Seed
- Latest Deal Amount
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$5M
- Investors
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1
Althea (Property and Casualty Insurance) General Information
Description
Provider of wind and hail insurance intended for homes built to resilient construction standards. The company's platform utilizes catastrophe risk modeling and structural analysis to estimate storm damage and repair costs, enabling homeowners to obtain stand-alone policies where pricing is directly connected to the physical resilience of the property.
Contact Information
Website
www.altheainsurance.comCorporate Office
- New York, NY
- United States
Corporate Office
- New York, NY
- United States
Althea (Property and Casualty Insurance) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Seed Round | 23-Mar-2026 | $5M | Completed | Startup |
Althea (Property and Casualty Insurance) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
Althea (Property and Casualty Insurance) Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Streetlife Ventures | Impact Investing | Minority |
Althea (Property and Casualty Insurance) FAQs
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When was Althea (Property and Casualty Insurance) founded?
Althea (Property and Casualty Insurance) was founded in 2025.
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Where is Althea (Property and Casualty Insurance) headquartered?
Althea (Property and Casualty Insurance) is headquartered in New York, NY.
-
What industry is Althea (Property and Casualty Insurance) in?
Althea (Property and Casualty Insurance)’s primary industry is Property and Casualty Insurance.
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Is Althea (Property and Casualty Insurance) a private or public company?
Althea (Property and Casualty Insurance) is a Private company.
-
What is the current valuation of Althea (Property and Casualty Insurance)?
The current valuation of Althea (Property and Casualty Insurance) is .
-
What is Althea (Property and Casualty Insurance)’s current revenue?
The current revenue for Althea (Property and Casualty Insurance) is .
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How much funding has Althea (Property and Casualty Insurance) raised over time?
Althea (Property and Casualty Insurance) has raised $5M.
-
Who are Althea (Property and Casualty Insurance)’s investors?
Streetlife Ventures has invested in Althea (Property and Casualty Insurance).
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