Certificate Hero, a Dedham, Massachusetts-based easiest way for insurance brokers to issue and manage certificates of insurance (COI), raised $4.5 million in funding in its Series Seed II round led by RRE Ventures. The company has raised $6.5 million to date.
As part of the round, Raju Rishi from RRE Ventures joined the board of directors. Raju and RRE have previously led investments in startups reinventing other insurance services industries.
Certificate Hero checks all the boxes and is currently preparing to launch with its first Top 10 broker this spring, proving that the industry is ready and eager to improve how they issue certificates of insurance.
Company: Certificate Hero, Inc.
Raised: $4.5M
Round: Seed II
Funding Month: March 2022
Lead Investors: RRE Ventures
Additional Investors:
Company Website: https://www.certificatehero.com/
Software Category: Certificate of Insurance Processing Platform
About the Company Certificate Hero is a SaaS platform that allows insurance brokers and their clients to efficiently and accurately issue and manage Certificates of Insurance from start to finish. Certificate Hero is a single solution that empowers brokers with improved accuracy and efficiency and insureds with 24/7 certificate management. Certificate Hero is an advanced SaaS platform built specifically for leading insurance brokers and clients. Delivering on truly intelligent automation its cutting-edge technology ensures certificate processing is efficient and approachable for all users.
Source: https://www.globenewswire.com/news-release/2022/03/15/2403508/0/en/Certificate-Hero-Raises-4-5-Million-and-Prepares-to-Launch-Its-Best-in-Class-Certificate-of-Insurance-Processing-Platform-With-a-Top-10-Broker.html