Ensuredit Overview
- Year Founded
-
2019
- Status
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Private
- Employees
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52
- Latest Deal Type
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2ndary - Private
- Investors
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11
Ensuredit General Information
Description
Developer of artificial intelligence-based insurance platform designed for agent onboarding, quote generation, and processing payments to the insurance sector. The company's platform facilitates access to digital distribution, streamlined workflows, an open application Programming Interface, and an artificial intelligence-based analytics suite for an end-to-end digitization and sales process, enabling clients to increase clarity, efficiency, scalability, and cost savings in the entire insurance sales and distribution cycle.
Contact Information
Website
www.ensuredit.comCorporate Office
- B 503, Pioneer Urban Square, Sector 62
- Golf Course Extension Road
- Gurgaon, Haryana 122001
- India
Corporate Office
- B 503, Pioneer Urban Square, Sector 62
- Golf Course Extension Road
- Gurgaon, Haryana 122001
- India
Ensuredit Timeline
Ensuredit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Early Stage VC | 05-Jul-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Dec-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 21-Dec-2020 | $290K | $346K | Completed | Generating Revenue | |
| 1. Seed Round | 16-Oct-2019 | $56.2K | $56.2K | Completed | Startup |
Ensuredit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Ordinary | 7,500 | $0.127802 | $3.41 | $3.41 | 1x | $3.41 | 6.11% | |
| Ordinary | 13,065 | $0.127802 | $1.96 | $1.96 | 1x | $1.96 | 10.65% |
Ensuredit Comparisons
Industry
Financing
Details
Ensuredit Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Artivatic | Venture Capital-Backed | Gurgaon, India | ||||
| Mantralabs | Corporation | Bangalore, India |
Ensuredit Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Ensuredit Executive Team (6)
| Name | Title | Board Seat |
|---|---|---|
| Amit Boni | Co-Founder, Chief Executive Officer & Board Member | |
| Rohit Sadhu | Co-Founder, Chief Operating Officer & Board Member | |
| Rohit Rathi | Co-Founder | |
| Vikas Ranga | Co-Founder |
Ensuredit Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| Amit Boni | Ensuredit | Co-Founder, Chief Executive Officer & Board Member | |
| Arijit Chakraborty | Cover Genius | Board Member | |
| Rohit Sadhu | Ensuredit | Co-Founder, Chief Operating Officer & Board Member |
Ensuredit Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Ensuredit Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Axiomatic Ventures | Venture Capital | Minority | ||
| Cover Genius | Corporation | Minority | ||
| Dominor | Venture Capital | Minority | ||
| IPV Capital | Venture Capital | Minority | ||
| NexStep Discovery Pte | Corporation | Minority |
Ensuredit Investments (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Enfin (Commercial/Professional Insurance) | 26-Sep-2023 | Commercial/Professional Insurance | |||
| Leads Ensuredit | 25-Jul-2023 | Joint Venture | Business/Productivity Software |
Ensuredit FAQs
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When was Ensuredit founded?
Ensuredit was founded in 2019.
-
Who is the founder of Ensuredit?
Amit Boni, Rohit Sadhu, Rohit Rathi, Sachin Mandon, and Vikas Ranga are the founders of Ensuredit.
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Who is the CEO of Ensuredit?
Amit Boni is the CEO of Ensuredit.
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Where is Ensuredit headquartered?
Ensuredit is headquartered in Gurgaon, India.
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What is the size of Ensuredit?
Ensuredit has 52 total employees.
-
What industry is Ensuredit in?
Ensuredit’s primary industry is Other Insurance.
-
Is Ensuredit a private or public company?
Ensuredit is a Private company.
-
What is Ensuredit’s current revenue?
The current revenue for Ensuredit is .
-
How much funding has Ensuredit raised over time?
Ensuredit has raised $5.08M.
-
Who are Ensuredit’s investors?
Axiomatic Ventures, Cover Genius, Dominor, IPV Capital, and NexStep Discovery Pte are 5 of 11 investors who have invested in Ensuredit.
-
Who are Ensuredit’s competitors?
Artivatic and Mantralabs are competitors of Ensuredit.
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