Total raised
$4.0M
Last: Series A 2022-04
Stage
Series A
Founded
2017
Headcount
3
HQ
Ramat Hasharon
Sector
Cyber Security
About
Surance.io provides insurance products and services for internet of things (IoT) assets. The company’s risk-prediction model is designed to enable insurers to execute plug-and-play digital sales processes, automatic underwriting, and digital claims processing on cyber insurance for IoT assets.
Surance.io’s first product, Home Safety Net, scans the home’s connected devices, provides alerts about risks, recommends ways to avoid threats, and offers personalized cyber insurance that covers physical and media damages. The company’s products may act as loss leaders for other product lines or as standalone insurance products.
Funding history · 1 round · $4.0M total
2022-04
Series A
$4.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Surance.io's primary business activity?
- Surance.io provides insurance products and services for internet of things (IoT) assets, utilizing a risk-prediction model for digital sales, automatic underwriting, and digital claims processing on cyber insurance.
- When was Surance.io founded?
- Surance.io was founded in March 2017.
- What is the name of Surance.io's first product?
- Surance.io's first product is called Home Safety Net, which scans connected home devices, provides risk alerts, recommends threat avoidance, and offers personalized cyber insurance for physical and media damages.
- Where is Surance.io headquartered?
- Surance.io is headquartered in Ramat Hasharon, Israel.
- In which countries does Surance.io have offices?
- Surance.io has offices in the United States (Oak Park, CA) and Canada (Vaughan, Ontario), in addition to its Israeli headquarters.
- What is Surance.io's current funding stage and total amount raised?
- Surance.io is currently at the Series A funding stage, having raised a total of $4,000,000 USD.
- When did Surance.io complete its Series A funding round and who were some of the investors?
- Surance.io closed its Series A funding round in April 2022. Investors included Plug and Play and Tech Mahindra.
- How many employees does Surance.io currently have?
- Surance.io currently has 3 employees.
- Who are the founders of Surance.io?
- The founders of Surance.io are Saar Bar and Darren Gradus.
Sectors & technology
Primary sector
Cyber Security
Sub-sectors
Cyber SecurityGRC & VulnerabilityFintech & InsurtechInsurtech
Technologies
Platforms & InterfacesWebMobileArtificial IntelligenceDeep Learning
Target customers
Financial ServicesFinancial ProductsInsurance
Business model
B2B2C
Highlights
Verified
Tags
mobile-applicationshome-iotunderwritingrisk-managementartificial-intelligencehome-securitybig-data-analyticsconsumersautomotivefintechinsurtechresidential-sitesvulnerability-managementinsurance-companiesthreat-intelligencecyber-security