How Much Did SILVERMARK Raise?
Funding & Key Investors

Silvermark, a Redmond-based independent insurance agency, has successfully secured a significant capital injection to bolster its regional operations. The firm, which has reached a significant Series B/C stage, reports a total cumulative financing of $35K. This latest infusion of $35K represents a substantial expansion capital milestone, positioning the agency to scale its service footprint across the Pacific Northwest and beyond.

What is SILVERMARK?

SILVERMARK
Insurance

Silvermark operates as a specialized insurance brokerage, delivering a comprehensive suite of personal, business, and specialty coverage solutions. By maintaining a focus on personalized risk management, the agency has carved out a competitive niche in Washington, Arizona, California, and Idaho. Their business model prioritizes high-touch client engagement, leveraging experienced agents to navigate complex underwriting requirements for both individual families and commercial enterprises. This strategic approach to policy distribution has allowed Silvermark to maintain a robust market position despite the increasing digitization of the insurance sector.

How much funding has SILVERMARK raised?

SILVERMARK has raised a total of $35K across 1 funding round:

2021

Debt

$35K

Debt (2021): $35K with participation from PPP

Key Investors in SILVERMARK

PPP

Public-Private Partnership

What's next for SILVERMARK?

With the recent influx of capital, Silvermark is poised to accelerate its growth trajectory through enhanced operational infrastructure and expanded market penetration. The firm is expected to prioritize the optimization of its digital client interface while simultaneously scaling its agency network in key states. By leveraging this financial backing, Silvermark aims to refine its specialty insurance offerings, ensuring that its risk management products remain both affordable and highly tailored to the evolving needs of its diverse client base. Future strategic initiatives will likely focus on increasing market share in the commercial insurance segment, where the agency can capitalize on its established reputation for reliable, personalized service.

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Frequently Asked Questions Regarding SILVERMARK Financial Insights

What are the most recent funding rounds that SILVERMARK has completed, and what were the funding rounds?
SILVERMARK has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding SILVERMARK has raised to date?
SILVERMARK has raised a total of $35K in funding to date.
How many funding rounds has SILVERMARK completed?
SILVERMARK has completed 1 funding rounds.
How much funding did SILVERMARK raise in its most recent funding round?
SILVERMARK raised $35K in its most recent funding round.
Who are the lead investors in SILVERMARK's latest funding round?
The lead investor in SILVERMARK's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SILVERMARK's history?
The largest funding round in SILVERMARK's history was $35K.
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