Vouch, the leading business insurance provider for high-growth companies, announced that it has signed a definitive agreement to acquire the team and book of business of StartSure Insurance Services, Inc., an insurance provider that simplifies how small businesses get insurance.
Vouch is also announcing the first close of its Series D funding round, led by Allegis Capital with all other major investors participating, reinforcing its position as the go-to insurance platform for high-growth companies.
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As part of the acquisition, the StartSure team, including CEO Tim DiPietro, will join Vouch. StartSure clients will gain access to a broader suite of insurance products through Vouch’s brokerage team, while Vouch clients will benefit from StartSure’s proprietary MGA programs for coworking and inventory insurance.
“Through this Series D financing and joining forces with StartSure, Vouch is expanding our capabilities to provide unmatched service and innovative products to high-growth companies,” said Sam Hodges, CEO of Vouch. “StartSure’s expertise in insuring startups and flexible workspaces aligns perfectly with our mission, and our latest funding will allow us to expand our brokerage capabilities and develop new insurance products.”
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Tim DiPietro, CEO of StartSure, added: “Vouch is a natural home for StartSure. We share a commitment to making insurance simple and accessible for founders. Joining forces means our clients will benefit from expanded resources, broader coverage options through Corix, and Vouch’s reputation for exceptional service.”
With the backing of Allegis Capital and the integration of StartSure, Vouch is accelerating its expansion, ensuring that startups—no matter their stage—have access to tailored, high-quality insurance solutions.
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Source: PR Newswire
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