Source: PR Newswire
Operating globally, INSHUR provides commercial insurance for on-demand mobility drivers, fleet operators, and delivery platforms across the mobility and delivery sectors. The company recently surpassed 1 million policies sold in the U.K., one of its core markets. Its platform offers a personalized suite of tech-enabled insurance products, providing flexible coverage and protection that adapts to the distinct needs of on-demand drivers.
“With a consistent >50% CAGR since 2023, rapid international growth and a clear path to profitability, this raise helps INSHUR continue to cement its position as the leader in insurance solutions for the on-demand economy. Trinity Capital’s support will enable us to accelerate our U.S. and global expansion, and to leverage our deep insurance and technology expertise to further develop our service offering into innovative and upcoming areas such as autonomous vehicles,” said Dan Bratshpis, CEO and Co-founder of INSHUR.
“INSHUR understands the unique challenges of drivers across the on-demand economy and is delivering tailored insurance solutions designed to specifically meet those needs,” said Jack McNamara, Director of Tech Lending at Trinity Capital. “We are excited to partner with their team as they continue to scale operations and deliver accessible coverage to drivers around the world.”
Read the full article: https://www.prnewswire.com/news-releases/trinity-capital-inc-provides-35-million-in-growth-capital-to-inshur-as-the-on-demand-economy-booms-302500473.html
