What is Slice?
Slice Labs Inc. operates within the Insurance industry, a sector ripe for technological disruption. With a team size of 20-49 employees and an estimated revenue between $5M-$10M, the New York City-based company is focused on leveraging innovation to address complex risks. The company's engagement in major enterprise-level funding rounds suggests a strategic approach to scaling its operations and market penetration.
How much funding has Slice raised?
Slice has raised a total of $15.5M across 2 funding rounds:
Angel/Seed
$3.9M
Series A
$11.6M
Angel/Seed (2016): $3.9M with participation from Horizons Ventures
Series A (2017): $11.6M led by Tusk Ventures, Horizons Ventures, Plug and Play, Munich Re, XL Innovate, and SOMPO
Key Investors in Slice
Horizons Ventures
Horizons Ventures is a prominent investment firm with over two decades of experience supporting entrepreneurs in transforming startup ventures into successful enterprises. They are known for their active involvement and strategic guidance to portfolio companies.
Tusk Ventures
Tusk Ventures is an investment entity operating within the Financial Services sector, based in New York City. They focus on backing companies that are poised for growth and innovation within their respective markets.
Plug and Play
Plug and Play Tech Center is an early-stage investor, accelerator, and corporate innovation platform with a global presence. Founded in 2006, they specialize in identifying and nurturing promising startups across various technology sectors.
What's next for Slice?
The recent major strategic investment signifies a pivotal moment for Slice, likely enabling the company to accelerate product development, expand its market reach, and solidify its competitive advantage. This capital injection, coupled with the company's established presence in the insurance technology space, positions Slice for significant growth and potential industry leadership. Future endeavors will likely focus on integrating advanced technologies to enhance insurance offerings and streamline operations.
See full Slice company page
