Surround Insurance

About

Surround Insurance is an insurtech company that offers property and casualty insurance products for young urban professionals.

Cambridge,Massachusetts,United States
1 - 10
https://www.surroundinsurance.com/

Highlights

Details

Last Funding Type: Non-Equity Assistant
Industries: Financial Services,FinTech,InsurTech,Property Insurance
Founded date: Jan 1, 2018
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Surround Group, Inc.
Also Known As: Surround

Surround Insurance is an InsurTech company that offers property and casualty insurance products for young urban professionals. The company was founded in 2018 by Jonathon Grayson and Kate Terry and is headquartered in Cambridge, Massachusetts, United States.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$5.73M

Surround Insurance has raised a total of $5.73M in funding over 2 rounds. Their latest funding was raised on Nov 21, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 21, 2022	Seed	$2.50M	4	MassMutual	—	Detail
Dec 31, 2021	Seed	$1.75M	8	—	—	Detail
Dec 31, 2019	Pre-seed	$1.42M	7	—	—	Detail
Jun 25, 2019	Grant	$60K	1	—	—	Detail
Mar 1, 2019	Non-Equity Assistant	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

19

Surround Insurance is funded by 19 investors. MassMutual and DCU FinTech Innovation Center are the most recent investors.

Investor Name	Lead Investor	Funding Round
MassMutual	Yes	Seed
DCU FinTech Innovation Center	Yes	Non-Equity Assistant
Aperture Venture Capital	—	Seed
Cameron Ventures	—	Seed
Newark Venture Partners	—	Seed
Chuck Wallace	—	Seed
CJ Przybyl	—	Seed
MassMutual Impact Investing	—	Seed
Two Lanterns Venture Partners	—	Seed
Ty Harris	—	Seed