Surround Insurance Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
15
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$1M
- Investors
-
26
Surround Insurance General Information
Description
Provider of insurance products that design simple and easy-to-understand insurance bundles that cover the risk gap. The company's technology platform mixes and matches insurance to tailor insurance built around their lifestyle, allowing customers with simple, and relevant systems for their modern lives.
Contact Information
Website
www.surroundinsurance.comCorporate Office
- 1 Broadway
- 14th Floor
- Cambridge, MA 02142
- United States
Corporate Office
- 1 Broadway
- 14th Floor
- Cambridge, MA 02142
- United States
Surround Insurance Timeline
Surround Insurance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Debt - General | 30-Mar-2023 | $1M | Completed | Generating Revenue | ||
| 6. Seed Round | 28-Oct-2022 | Completed | Generating Revenue | |||
| 5. Seed Round | 18-Nov-2021 | Completed | Generating Revenue | |||
| 4. Seed Round | 31-Dec-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 05-Nov-2019 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 25-Jun-2019 | $60K | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 01-Jan-2019 | Completed | Product In Beta Test |
Surround Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-1 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 5,401,073 | $0.000010 | $0.41 | $0.41 | 1x | $0.41 | 18.34% |
Surround Insurance Comparisons
Industry
Financing
Details
Surround Insurance Competitors (18)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Branch (Multi-line Insurance) | Venture Capital-Backed | Columbus, OH | ||||
| Gabi Personal Insurance Agency | Formerly VC-backed | San Francisco, CA | ||||
| Policygenius | Private Equity-Backed | New York, NY | ||||
| Mile Auto | Venture Capital-Backed | Atlanta, GA | ||||
| Allianz Insurance | Corporation | Sydney, Australia |
Surround Insurance Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Surround Insurance Executive Team (3)
| Name | Title | Board Seat |
|---|---|---|
| Katharine Terry | Co-Founder, Chief Executive Officer & Board Member | |
| Jonathon Grayson | Co-Founder, Advisor & Board Member |
Surround Insurance Board Members (4)
| Name | Representing | Role | Since |
|---|---|---|---|
| Jason Allen JD | MassMutual Impact Investing | Board Member | |
| John Barbagallo | Self | Board Member | |
| Jonathon Grayson | Surround Insurance | Co-Founder, Advisor & Board Member | |
| Katharine Terry | Surround Insurance | Co-Founder, Chief Executive Officer & Board Member |
Surround Insurance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Surround Insurance Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aperture Venture Capital | Venture Capital | Minority | ||
| Bantam Group | Angel Group | Minority | ||
| Gopi Rangan | Angel (individual) | Minority | ||
| Service Provider Capital | Venture Capital | Minority | ||
| Western Technology Investment | Venture Capital | Minority |
Surround Insurance FAQs
-
When was Surround Insurance founded?
Surround Insurance was founded in 2017.
-
Who is the founder of Surround Insurance?
Katharine Terry and Jonathon Grayson are the founders of Surround Insurance.
-
Who is the CEO of Surround Insurance?
Katharine Terry is the CEO of Surround Insurance.
-
Where is Surround Insurance headquartered?
Surround Insurance is headquartered in Cambridge, MA.
-
What is the size of Surround Insurance?
Surround Insurance has 15 total employees.
-
What industry is Surround Insurance in?
Surround Insurance’s primary industry is Insurance Brokers.
-
Is Surround Insurance a private or public company?
Surround Insurance is a Private company.
-
What is Surround Insurance’s current revenue?
The current revenue for Surround Insurance is .
-
How much funding has Surround Insurance raised over time?
Surround Insurance has raised $7.51M.
-
Who are Surround Insurance’s investors?
Aperture Venture Capital, Bantam Group, Gopi Rangan, Service Provider Capital, and Western Technology Investment are 5 of 26 investors who have invested in Surround Insurance.
-
Who are Surround Insurance’s competitors?
Branch (Multi-line Insurance), Gabi Personal Insurance Agency, Policygenius, Mile Auto, and Allianz Insurance are some of the 18 competitors of Surround Insurance.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
