Sure Company Overview
Sure is an insurance technology leader that combines insurance expertise, technology, and products to unlock the potential of digital insurance for carriers, MGAs, brands, and more. Sure minimizes the enormous cost and complexity of new insurance product launches so businesses can focus on delivering quality customer experiences. Sure has been named to the 2024 Forbes FinTech 50 list, marking the company's second consecutive year on the influential listing of the country's top FinTech companies. Sure has raised $123.12 million, with notable investments from Declaration Partners, Kinnevik, and Expanding Capital.
Sure Valuation History
FAQ
Does Sure have stock?
Yes, Sure and almost all privately held companies issue stock so founders, employees, and investors can participate in equity ownership. However, because Sure is privately held, it is more challenging to acquire shares than if the company was publicly traded.
Is Sure publicly traded?
Yes, Sure is publicly traded. Since this company is no longer private, we encourage investors to refer to its official SEC filings for up-to-date details. The information provided herein is for reference purposes and may be outdated, as we primarily track private companies.
Who owns Sure stock?
As a privately held company, Sure shares are held by its founders, management, employees, venture capital funds, or other private individuals and institutional investors.
Disclosure rules differ for private and public companies, so it may not always be possible to know the complete ownership (cap table) of a private company like Sure.
Can I buy Sure stock on UpMarket?
If you would like to buy shares in Sure, please provide your information in the form at the top of this page and click the button titled “I want to buy this stock.”
One of our investor relations team members will contact you to discuss Sure stock availability. Note: inquiries are non-binding, subject to market availability, and shares may only be purchased by accredited investors that meet all eligibility criteria.
UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Sure as well.
What is Sure stock price?
The stock price of Sure can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
For illustrative purposes, however, assuming Sure has issued 250 million shares, at the estimated UpMarket valuation of $684.55 million, each share of Sure stock would be worth $2.74.
How do Sure pre-IPO trades work?
Pre-IPO trades for Sure will typically involve accredited investors purchasing shares from current shareholders through specialized investment platforms like UpMarket. Trades generally occur on the secondary market, meaning Sure doesn't issue new shares or receive capital–shares are privately exchanged between two parties.
While investors aim to profit from a potential IPO or acquisition, these investments carry high risks due to limited liquidity and information. Understanding all terms and conditions is crucial, as each transaction can have unique characteristics. Investing in private companies can be extremely risky and may result in significant capital loss.
How do I exit my investment if I invest in Sure with UpMarket?
Exiting your investment in Sure typically involves one of these scenarios: 1) selling your shares on a secondary market to other interested investors; 2) holding shares until a liquidity event occurs, such as the company going public (IPO) or being acquired.
Investors must know that the timing and availability of these exit options are inherently unpredictable, and there is no guarantee of when or if they will occur.
How can I sell Sure shares?
If you own Sure shares, you may be able to find a buyer on a pre-IPO marketplace or via an introduction by a registered broker-dealer like UpMarket. It is important to note that the class of shares you own may impact your ability to sell. For example, shares issued to startup employees often have transaction limitations, including lock-up periods and a right of first refusal by the company, which may prevent you from selling your shares freely.
How does UpMarket estimate the valuation of Sure?
UpMarket’s valuation estimate for Sure is algorithmically generated based on recent primary round financings by Sure, market conditions, company popularity, sector performance, and public market comps.
It is important to note that UpMarket’s valuation estimate for Sure could be outdated, may not reflect all recent news or market events, and is not intended to inform any investment decision-making. UpMarket’s valuation estimate is not meant to be a warranty or projection of potential financial returns or company performance. Valuations can change rapidly and unexpectedly.
Why choose UpMarket?
UpMarket was founded in 2019 and has helped hundreds of investors access alternative investments. UpMarket is a licensed broker-dealer based in the United States. UpMarket customers have invested over $150 million in pre-IPO companies, hedge funds, private equity, real estate, and other alternatives.
If you are an accredited investor, you can create a free account to access our deal flow and opportunities. There is never any pressure to invest.
UpMarket clients have invested in companies like
Sure,
SpaceX, Neuralink, Anthropic, and many others. UpMarket and its leadership have been mentioned in media outlets like Forbes, WealthManagement, Wealth and Finance News, and TechBullion.
Sure Management
Name | Position |
---|---|
Wayne Slavin | CEO |
Yarden Sachs | CTO |