What is SureBright?
SureBright operates as an Insurance-as-a-Service platform, empowering businesses to seamlessly integrate insurance and warranty products directly onto their websites. By facilitating these connections, SureBright enables companies to enhance their offerings and increase Average Order Value by an average of 14%. The company's innovative approach addresses a growing market demand for embedded financial services, positioning it as a key player in the digital commerce ecosystem.
How much funding has SureBright raised?
SureBright has raised a total of $2.5M across 1 funding round:
Other Financing Round
$2.5M
Other Financing Round (2022): $2.5M with participation from Panache Ventures, Wicked VC, Insur-Tech Fund NYC, Plug and Play Tech Center, and Motivate Venture Capital
Key Investors in SureBright
Panache Ventures
Panache Ventures is a Canadian pre-seed and seed fund that provides initial investments of up to $1.5 million, often acting as the first institutional investor for visionary entrepreneurs. They leverage operational experience to guide portfolio companies towards Series A funding.
Wicked VC
Wicked VC is an investor participating in the funding round, contributing to SureBright's strategic growth initiatives.
Plug and Play Tech Center
Plug and Play Tech Center is an early-stage investor, accelerator, and corporate innovation platform with a global presence, supporting innovative companies from their inception.
What's next for SureBright?
With substantial enterprise-level backing and a recent strategic investment, SureBright is poised for accelerated growth and market penetration. The company is likely to focus on expanding its platform capabilities, forging new partnerships, and scaling its operations to meet increasing demand. This infusion of capital will support further development of its Insurance-as-a-Service model, aiming to solidify its position as a leader in embedding insurance and warranty solutions within broader e-commerce and digital platforms.
See full SureBright company page
