Ensuredit
Enables and empowers end customers and Insurance Intermediaries with AI-based product platforms for transformational customer experience.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | $4.2m | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 92 % | 61 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Ensuredit is a tech startup that operates in the insurance industry, providing innovative solutions to tackle the industry's complex problems. The company's primary offering is an API-led platform that connects customers with a wide range of insurance products from various providers. This real-time access to insurance products ensures customers always have the latest offerings at their fingertips.
The company's business model is centered around its artificial intelligence (AI) suite, which simplifies tasks such as endorsement, sales force management, agent and POSP onboarding, and commission management. This AI-based system, coupled with computer vision applications, facilitates processes like break-ins and claims management.
Ensuredit's platform also boasts 32+ integrations across multiple insurance categories, making it a comprehensive solution for insurance providers and agents. The company's clients range from insurance companies looking to streamline their product offerings to agents and POSPs seeking efficient onboarding and management tools.
The startup generates revenue through its Ensuredit ICE platform, which has been adopted by numerous insurance providers since 2020. The platform's back-office dashboard allows clients to track transactions across India in real-time, contributing to increased sales growth. Ensuredit also provides fast API integration with various insurers and offers appreciable aftersales support for day-to-day issues.
In summary, Ensuredit is a tech-driven solution provider in the insurance industry, offering an AI-based platform for seamless integration of insurance products, agent onboarding, and transaction tracking.
Keywords: Insurance, Tech Startup, API-led Platform, Real-time Access, Artificial Intelligence, Sales Force Management, POSP Onboarding, Commission Management, Ensuredit ICE Platform, Transaction Tracking.