What is Sertis?
Headquartered in Reno, Nevada, Sertis operates as a specialized MGA, offering tailored property, general liability, and equipment breakdown coverages. The company distinguishes itself by collaborating closely with its broker partners to help their clients manage escalating insurance costs. This is achieved through the deployment of industry-leading risk mitigation practices and specialized products designed for the multifamily sector. Sertis's offerings are crucial for property managers seeking to control expenses while ensuring comprehensive protection.
How much funding has Sertis raised?
Sertis has raised a total of $3.2M across 1 funding round:
Angel/Seed
$3.2M
Angel/Seed (2024): $3.2M with participation from InsurTech NY, BrokerTech Ventures, and JLL Spark
Key Investors in Sertis
InsurTech NY
InsurTech NY is a key resource for the InsurTech community, facilitating connections between carriers, brokers, investors, and startups through events and innovation programs. They provide a platform for collaboration and offer startups access to mentorship and investment opportunities.
BrokerTech Ventures
BrokerTech Ventures is a global, broker-led insurtech ecosystem focused on innovation and investment. They support broker-centric startups through an accelerator program, offering seed funding and direct access to industry professionals, thereby driving advancements in insurance technology.
JLL Spark
JLL Spark Global Ventures is a venture capital firm dedicated to early-stage PropTech startups, leveraging JLL's real estate expertise to drive innovation. They invest in companies aiming to transform the commercial real estate sector through technology, providing strategic insights and market access.
What's next for Sertis?
The substantial enterprise-level funding positions Sertis for accelerated growth and expansion within the competitive insurance landscape. This strategic capital infusion is expected to fuel advancements in their risk mitigation technologies, enhance their underwriting capabilities, and broaden their market reach. As Sertis continues to scale its operations, the company is poised to further solidify its role as a key player in providing specialized insurance solutions for professionally managed multifamily portfolios, potentially exploring new product lines or geographic expansions.
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