COMPANY PROFILE

Assured Risk Cover

StormPeace, our parametric hurricane insurance for homeowners, renters, and businesses, pays claims rapidly after a hurricane

Pleasanton, United StatesFounded 2014Fintech

Headcount <100 Current team size

Unlock exact values

About Assured Risk Cover

Assured Risk Cover, a Silicon Valley venture-backed company founded by a Stanford University alum, specializes in providing innovative hurricane insurance coverage. The company operates in the insurance market, specifically focusing on parametric insurance, which is a type of insurance that pays out based on the occurrence of a predefined event, in this case, hurricanes. This approach allows for immediate claims payments without the need for lengthy claims processes or damage assessments. Assured Risk Cover serves homeowners who are at risk of hurricane damage, offering coverage up to $60,000 for various out-of-pocket costs such as evacuation expenses, food spoilage, and generator rentals. The business model is based on leveraging technology and science to offer quick and efficient payouts, thus alleviating the financial burden on clients caused by delayed claims settlements. Revenue is generated through the sale of these parametric insurance policies.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2014
Headquarters: Pleasanton, United States
Employees: 2
Open positions: None listed
Dealroom signal: 30.0/100
Industry: Fintech
Sub-industry: Insurance
Sector: Fintech, Disaster Recovery, Risk Management, Sustainable Development Goals, Climate Risk, PandC Insurance, MGA, Parametric Insurance
Technology: Artificial Intelligence, Machine Learning, Mobile app
Client focus: b2b, b2c
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning Assured Risk Cover.

See all news

Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Jan 2019	$0	—	SenseAI Ventures	—
SEED✓Equity / VC	Aug 2014	$0	—	Inventus Capital Partners	—

Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Assured Risk Cover website traffic

Latest recorded traffic for Assured Risk Cover is 220 monthly website visits, up 57.1% over the last three months. Assured Risk Cover's team declined 33.3% over the past year.

Latest monthly visits220 3-month web change+57.1% 1-year team growth-33.3%

Monthly website visitsMar 2017–Nov 2023

Explore monthly traffic historyTrack growth over time and compare with peersBook a demo

Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Company	Headquarters	Status	Employees	Total funding	Valuation
MPMeteo ProtectMeteo Protect is an insurance underwriting and technology company specializing in Parametric Insurance	Paris, France	Acquired	5	$2.6M	$4.4M
DUDescartes UnderwritingDescartes Underwriting is an insurtech company that specializes in climate risk modeling and data-driven risk transfer	Paris, France	Operational
WOWorldCoverWorldCover uses technology to help commercial growers and agribusinesses reduce climate risk, to help almond growers protect against weather risk from frost and excess rain events	New York City, United States	Closed
CLClimaticaInsurtech that helps companies from climate-sensitive industries mitigate business risks by compensating for damages and losses caused by unfavourable weather conditions	Warsaw, Poland	Operational
BPblink parametricParametric InsurTech Specialists for Insurance Companies, with Blink Travel, Blink Climate and Blink Interruption	Cork, Ireland	Acquired
NUNew Paradigm UnderwritersNew Paradigm Underwriters, LLC is a Florida Licensed Managing General Agency and Program Manager for Allianz Underwriters Insurance Company for Parametric Supplemental Windstorm Insurance	Fort Lauderdale, United States	Operational
JIJupiter IntelligencePredicts risks of natural perils from severe weather and climate change	San Mateo, United States	Operational
SPSkyline PartnersSpecialising in geospatial risk intelligence and event driven insurance	London, United Kingdom	Operational