Boundless Rider Announces $4.75 Million In Seed Funding To Reimagine Insurance For Motorcycle, Powersport And E-Bike Riders

Sep 19, 2022•over 3 years ago

Amount Raised

$4.75 Million

Round Type

seed

Medford

Description

Boundless Rider Insurance Agency LLC ("Boundless Rider") today announced that it has closed $4.75 million in seed funding. The round was led by American Family Ventures, with participation from The Cross Country Group, SiriusPoint, and Belmont Capital. Boundless Rider raised a previously unannounced $2 million pre-seed round in March 2021, bringing the startup's total financing to $6.75 million.

Company Information

Company

Boundless Rider

Location

Medford, Massachusetts, United States

About

Boundless Rider Insurance Agency LLC ("Boundless Rider") is focused on bringing product innovation, rider centricity, and excellence in claims to riders of specialty vehicles like motorcycles, e-bikes, ATVs, UTVs, and snowmobiles. Built on a proprietary tech stack, the optional Boundless Rider app powers a number of innovative policy enhancements that make riders safer, put money back in their pockets, and extend coverage where they need it most. Boundless Rider is a wholly-owned subsidiary of MileUp, Inc.

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Boundless Rider Announces $4.75 Million In Seed Funding To Reimagine Insurance For Motorcycle, Powersport And E-Bike Riders

Description

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