What is Slice?
Headquartered in New York City, Slice operates at the intersection of financial technology and insurance, providing a platform that enables the creation of on-demand, digital-first insurance products. By leveraging data-driven insights, the company addresses the complexities of modern risk, allowing enterprises to deploy tailored coverage solutions with unprecedented agility. Slice has successfully transitioned from its early-stage development to a more mature enterprise-level entity, positioning itself as a critical partner for incumbents seeking digital transformation in the insurance sector.
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 Plug and Play, Horizons Ventures, Tusk Ventures, SOMPO, XL Innovate, and Munich Re
Key Investors in Slice
Horizons Ventures
A venture firm with over two decades of experience, specializing in helping entrepreneurs transform startup concepts into successful, scalable enterprises through active involvement and equity financing.
Munich Re
A global leader in reinsurance and risk solutions, providing deep expertise in risk assessment and digital transformation to help businesses navigate complex financial landscapes.
XL Innovate
A venture capital fund dedicated to investing in companies that utilize new technologies to address complex global risks, offering both equity capital and deep industry underwriting expertise.
What's next for Slice?
The infusion of capital from this major strategic investment is expected to accelerate the company's product roadmap and expand its footprint within the global insurance ecosystem. As Slice scales its operations, the focus will likely shift toward deepening its integration with major reinsurance partners and enhancing its proprietary technology stack. By prioritizing operational efficiency and market penetration, the firm is well-positioned to capitalize on the increasing demand for flexible, technology-enabled insurance products, further solidifying its role as a catalyst for industry-wide innovation.
See full Slice company page
