Jumpstart
About this raise
Jumpstart, with a valuation cap of $7.5 million, is raising crowdfunding on Republic. The company offers event-based insurance to people against natural disasters. The parametric insurance of Jumpstart provides low-cost and hassle-free insurance that is democratizing disaster insurance. Jumpstart was founded by Kate Stillwell in November 2015 and launched direct-to-customer in October 2018. The company has already raised $1 million in seed funding in previous rounds while the current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000. Jumpstart is the first company offering insurance for earthquakes in the US and has grown 60% of its business through customer referrals.
Investment Overview
Not Funded: $920,023
Deal Terms
Company & Team
Company
- Year Founded
- 2015
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- Oakland, California
- Company Website
-
Visit Website
Team
- Employees
- 6
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/30/2019 | Republic | $7,500,000 | $920,023 | SAFE | Not Funded | RegCF |