Boundless Rider Overview
- Year Founded
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2021
- Status
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Private
- Employees
-
7
- Latest Deal Type
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Early Stage VC
- Investors
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5
Boundless Rider General Information
Description
Provider of insurance services intended to offer low-cost, tech-enabled off-road vehicle insurance. The company's platform provides innovative products for motorcycles, e-bikes, ATVs, UTVs, and snowmobiles that can be easily bundled with insurers' core insurance offerings, enabling riders to increase their safety, extend coverage and enhance their passion for riding.
Contact Information
Website
www.boundlessrider.comCorporate Office
- 400 Rivers Edge Drive
- 4th Floor
- Medford, MA 02155
- United States
Corporate Office
- 400 Rivers Edge Drive
- 4th Floor
- Medford, MA 02155
- United States
Boundless Rider Timeline
Boundless Rider Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC | 05-Aug-2024 | Completed | Generating Revenue | |||
| 3. Seed Round | 05-Oct-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 19-Sep-2022 | $4.75M | $6.75M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Mar-2021 | $2M | $2M | Completed | Generating Revenue |
Boundless Rider Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-3 | ||||||||
| Seed-2 | ||||||||
| Seed | 518,625 | $0.001000 | $3.86 | $3.86 | 1x | $3.86 | 13.96% |
VC Exit Predictor
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Boundless Rider Comparisons
Industry
Financing
Details
Boundless Rider Competitors (11)
One of Boundless Rider’s 11 competitors is Clearcover, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Clearcover | Venture Capital-Backed | Chicago, IL | ||||
| By Miles | Formerly VC-backed | Bromley, United Kingdom | ||||
| Root Insurance | Formerly VC-backed | Columbus, OH | ||||
| Elephant Insurance | Private Equity-Backed | Henrico, VA | ||||
| My Policy | Formerly PE-Backed | Halesowen, United Kingdom |
Boundless Rider Signals
Boundless Rider Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Avondale Insurtech Ventures | Venture Capital | Minority | ||
| American Family Ventures | Venture Capital | Minority | ||
| Belmont Capital Group (Belmont) | Hedge Fund | Minority | ||
| SiriusPoint | Corporation | Minority | ||
| The Cross Country Group | Growth/Expansion | Minority |
Boundless Rider FAQs
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When was Boundless Rider founded?
Boundless Rider was founded in 2021.
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Where is Boundless Rider headquartered?
Boundless Rider is headquartered in Medford, MA.
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What is the size of Boundless Rider?
Boundless Rider has 7 total employees.
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What industry is Boundless Rider in?
Boundless Rider’s primary industry is Automotive Insurance.
-
Is Boundless Rider a private or public company?
Boundless Rider is a Private company.
-
What is Boundless Rider’s current revenue?
The current revenue for Boundless Rider is .
-
How much funding has Boundless Rider raised over time?
Boundless Rider has raised $11M.
-
Who are Boundless Rider’s investors?
Avondale Insurtech Ventures, American Family Ventures, Belmont Capital Group (Belmont), SiriusPoint, and The Cross Country Group have invested in Boundless Rider.
-
Who are Boundless Rider’s competitors?
Clearcover, By Miles, Root Insurance, Elephant Insurance, and My Policy are some of the 11 competitors of Boundless Rider.
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