How Much Did Single Source Insurance Raise?
Funding & Key Investors

Single Source Insurance has secured substantial capital, with its total funding reaching $150K. The company recently announced a significant strategic investment of $150K, underscoring its position in the insurance market. This latest financing round marks a pivotal moment for the Florida-based insurer as it looks to further its expansion and service offerings.

What is Single Source Insurance?

Single Source Insurance, headquartered in Clearwater, Florida, operates as a comprehensive provider of personal and commercial insurance solutions. Their product portfolio includes essential coverages such as homeowners insurance, auto insurance, and workers' compensation, catering to a diverse clientele. The company's focus on broad coverage and customer service has established it as a key player within its regional market.

How much funding has Single Source Insurance raised?

Single Source Insurance has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Single Source Insurance

PPP

Public-Private Partnership

What's next for Single Source Insurance?

The substantial capital infusion, particularly the recent strategic investment, positions Single Source Insurance for accelerated growth and enhanced market penetration. This large-scale, late-stage funding suggests a focus on scaling operations, potentially through technological advancements, expanded product lines, or strategic acquisitions. The company is likely poised to solidify its competitive advantage and broaden its reach within the insurance sector.

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Frequently Asked Questions Regarding Single Source Insurance Financial Insights

What are the most recent funding rounds that Single Source Insurance has completed, and what were the funding rounds?
Single Source Insurance has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Single Source Insurance has raised to date?
Single Source Insurance has raised a total of $150K in funding to date.
How many funding rounds has Single Source Insurance completed?
Single Source Insurance has completed 1 funding rounds.
How much funding did Single Source Insurance raise in its most recent funding round?
Single Source Insurance raised $150K in its most recent funding round.
Who are the lead investors in Single Source Insurance's latest funding round?
The lead investor in Single Source Insurance'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 Single Source Insurance's history?
The largest funding round in Single Source Insurance's history was $150K.
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