Authentic Insurance Overview
- Year Founded
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2022
- Status
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Private
- Employees
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42
- Latest Deal Type
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Series A
- Latest Deal Amount
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$12.5M
- Investors
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12
Authentic Insurance General Information
Description
Operator of an insurance agency intended to offer captive insurance services. The company's platform is a community-based insurance platform that offers a suite of services and products by simplifying and unlocking the structure connecting with cooperative and collaborative insurance companies, enabling community members to share the risks and rewards of insurance.
Contact Information
Website
www.authenticinsurance.comCorporate Office
- 41 East 11th Street
- New York, NY 10003
- United States
Corporate Office
- 41 East 11th Street
- New York, NY 10003
- United States
Authentic Insurance Timeline
Authentic Insurance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 26-Mar-2024 | $12.5M | Completed | Generating Revenue | ||
| 1. Seed Round | 20-Sep-2023 | Completed | Generating Revenue |
Authentic Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | 4,986,524 | $0.000010 | $2.22 | $2.22 | 1x | $2.22 | 18.17% | |
| Seed | 2,999,926 | $0.000010 | $1.37 | $1.37 | 1x | $1.37 | 12.7% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Authentic Insurance Comparisons
Industry
Financing
Details
Authentic Insurance Competitors (1)
One of Authentic Insurance’s competitors is Insuresoft, a Corporate Backed or Acquired company based in Tuscaloosa, AL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Insuresoft | Corporate Backed or Acquired | Tuscaloosa, AL |
Authentic Insurance Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Authentic Insurance Patents
Authentic Insurance Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240403964-A1 | Hybrid cell management service | Pending | 31-May-2023 |
Authentic Insurance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Authentic Insurance Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Breakers | Venture Capital | Minority | ||
| FirstMark Capital | Venture Capital | Minority | ||
| Veryser Ventures | Venture Capital | Minority | ||
| Altai Ventures | Venture Capital | Minority | ||
| Clocktower Ventures | Venture Capital | Minority |
Authentic Insurance FAQs
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When was Authentic Insurance founded?
Authentic Insurance was founded in 2022.
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Where is Authentic Insurance headquartered?
Authentic Insurance is headquartered in New York, NY.
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What is the size of Authentic Insurance?
Authentic Insurance has 42 total employees.
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What industry is Authentic Insurance in?
Authentic Insurance’s primary industry is Commercial/Professional Insurance.
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Is Authentic Insurance a private or public company?
Authentic Insurance is a Private company.
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What is the current valuation of Authentic Insurance?
The current valuation of Authentic Insurance is .
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What is Authentic Insurance’s current revenue?
The current revenue for Authentic Insurance is .
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How much funding has Authentic Insurance raised over time?
Authentic Insurance has raised $18M.
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Who are Authentic Insurance’s investors?
Breakers, FirstMark Capital, Veryser Ventures, Altai Ventures, and Clocktower Ventures are 5 of 12 investors who have invested in Authentic Insurance.
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Who are Authentic Insurance’s competitors?
Insuresoft is a competitor of Authentic Insurance.
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