What is Sertis?
Headquartered in Reno, Nevada, Sertis operates as a contemporary MGA providing comprehensive property, general liability, and equipment breakdown coverages. The company distinguishes itself by focusing exclusively on professionally managed multifamily portfolios, currently serving clients across 32 states and the District of Columbia. Unlike traditional insurance providers, Sertis functions as a strategic partner to brokers, offering industry-leading risk mitigation tools that directly impact the bottom line of property owners. By leveraging data-driven insights and specialized underwriting, the firm effectively manages the complexities inherent in large-scale residential real estate assets.
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 JLL Spark, InsurTech NY, and BrokerTech Ventures
Key Investors in Sertis
JLL Spark
JLL Spark Global Ventures is a venture capital firm specializing in early-stage PropTech startups, leveraging JLL's extensive industry experience to drive innovation within the commercial real estate sector.
InsurTech NY
InsurTech NY serves as a premier resource for the InsurTech community, connecting carriers, brokers, and startups to foster innovation and facilitate high-growth investment opportunities.
BrokerTech Ventures
BrokerTech Ventures is a broker-led insurtech ecosystem that provides seed funding and direct access to industry stakeholders, focusing on broker-centric innovation and strategic partnerships.
What's next for Sertis?
With this major enterprise-level funding, Sertis is poised to accelerate its market penetration and expand its technological infrastructure. The strategic capital will likely be deployed to enhance the company's proprietary risk assessment models and broaden its footprint in underserved regional markets. As the multifamily sector continues to face volatility in insurance premiums, Sertis is strategically positioned to capture additional market share by providing stability and cost-efficiency. Future growth initiatives will likely focus on deepening integration with broker partners and scaling its operational capacity to support a larger portfolio of managed assets, ensuring long-term sustainability in the competitive InsurTech ecosystem.
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