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Allium Data Closes $750,000 in Pre-Seed Round

Allium Data, a Boulder, Colorado-based disruptive insurtech startup, closed $750,000 in pre-seed funding.

Ben Murray profile image
by Ben Murray
Allium Data Closes $750,000 in Pre-Seed Round

Allium Data, a Boulder, Colorado-based disruptive insurtech startup, closed $750,000 in pre-seed funding.

SaaS Investors

The investment was from Markd.

Markd is a venture capital firm focused on funding and partnering with transformative insurtechs. It pays homage to the insurance industry's legacy while helping design its future. Markd's mission is to power substantial work and continually inspire more ideas to prevent hurt and loss.

Allium Data Use of Funds

The funds will fuel Allium's growth and go-to-market strategy for all platform products.

About Allium Data

Founded in 2022, Allium Data, Inc. is an insurtech SaaS company that seeks to disrupt the data intelligence industry in insurance by creating novel and unique products that solve data transparency, data integration, and data analytics issues. The company offers a range of products designed to modernize and streamline insurance-related data processes, benefiting agents, brokers, and carriers. Allium's flagship data analytics product is notable for its ability to source and digitize current in-force policy and premium data, making it a valuable resource for industry professionals.

Funding Details

Company: Allium Data, Inc.

Raised: $750K

Round: Pre-Seed

Funding Month: October 2023

Lead Investors: Markd

Additional Investors:

Company Website: https://www.alliumdata.com/

Software Category: Insurance Data Analytics

Source: https://www.prnewswire.com/news-releases/insurtech-startup-allium-data-secures-750-000-pre-seed-funding-from-markd-to-revolutionize-insurance-data-analytics-301944826.html

 

Ben Murray profile image
by Ben Murray

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