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New Deal


Announced

Completed

Declaration Partners and Kinnevik led a $100m Series C round in Sure.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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insurance technology

Cross Border

Completed

Venture Capital

Private

Friendly

United States

Acquisition

Minority

Software

Private Equity

Single Bidder

Synopsis

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Investment firms Declaration Partners and Kinnevik led a $100m Series C round in Sure, a global insurance technology company, with participation from WndrCo, FTAC Ventures, Expanding Capital, W. R. Berkley and Menlo Ventures. "We are pleased to partner with Sure CEO Wayne Slavin, a visionary leader, and his team. Sure enables companies to embed insurance into their customer journey and powers the digital offerings of insurers, in both cases creating seamless, convenient, and personalized insurance experiences. This transformational technology reveals a massive global market opportunity, and this new funding will help Sure capitalize on it," Brian Stern, Declaration Partner.

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