Tint, a San Francisco CA-based platform that empowers companies to protect their end-users through unique embedded insurance products, announced that it raised $25 million in Series A funding.
The round was led by QED Investors, with participation from existing investors Nyca, Deciens, Y Combinator, and Webb Investment Network. This round follows the company's $3.75M seed round raised in March 2021 and brings the total capital raised to $30M.
With this new funding, Tint plans to expand its remote-first team from 20 members to over 100, with a focus on growing its product, engineering, and sales teams. Additionally, Amias Gerety of QED Investors will join Tint’s board of directors.
Company: Tint Technologies Inc.
Raised: $25.0M
Round: Series A
Funding Month: February 2022
Lead Investors: QED Investors
Additional Investors: Nyca, Deciens, Y Combinator, and Webb Investment Network
Company Website: https://www.tint.ai/
Software Category: AI-empowered insurance platform
About the Company: Tint was founded in 2018 by Matheus Riolfi and Jérôme Selles, Tint is an AI-empowered insurance platform that provides tools required to launch, manage, and optimize insurance programs. Customers like Deel, Guesty, Outdoorsy, Neighbor, Riders Share, and CitizenShipper, work with Tint to unlock the growth of their core business by protecting users and improving profitability. Through a simple API and no-code app, Tint provides a full-stack solution for compliance and access to insurers. Tint empowers tech platforms to sell more by embedding unique insurance and guaranteeing products that protect their end-users.
Source: https://www.businesswire.com/news/home/20220201005563/en/Tint-Raises-a-25M-Series-A-Round-Led-by-QED-Investors-to-Enable-Tech-Platforms-to-Become-Insurers