Fundz

Insurtech Company Oyster Raises $3.6M Seed To Launch Its Point-Of-Sale Platform For Personal Insurance

PRIVATEDec 13, 2022

Amount Raised

$3.6 Million

Round Type

Seed

San FranciscoSoftwareHuman Resources

Investors

Global Founders CapitalInterlace VenturesValia VenturesSnr VcCambrian VenturesConversion CapitalNew Stack Ventures

Description

Oyster, an insurance technology company that provides personal insurance through seamless point-of-sale and post-purchase experiences, today announced that it has raised a $3.6 million financing round. New Stack Ventures led the round and was joined by Global Founders Capital, Conversion Capital, Cambrian Ventures, SNR VC, Kearny Jackson, Valia Ventures, Interlace Ventures, and V1 VC, alongside a group of angels including Garrett Koehn, President of CRC Insurance, Gokul Rajaram, executive at DoorDash, Eugene Marinelli, Founder of Blend, and Joe Schmidt, Partner at a16z. The Seed round will be used to help Oyster build out its omnichannel insurance platform for consumers and merchants.

Quick answer

Oyster raised $3.6 Million in a Seed round, dated December 13, 2022. Investors: Global Founders Capital, Interlace Ventures, Valia Ventures, Snr Vc, Cambrian Ventures, Conversion Capital and New Stack Ventures. Oyster is based in San Francisco, California, United States.

How much did Oyster raise?
Oyster raised $3.6 Million in a Seed round on December 13, 2022.
Who invested in Oyster?
Global Founders Capital, Interlace Ventures, Valia Ventures, Snr Vc, Cambrian Ventures, Conversion Capital and New Stack Ventures are named as investors in this round.
What does Oyster do?
Oyster is a global employment platform that empowers companies to hire, pay, and care for their global teams.
Where is Oyster based and how big is it?
Oyster is based in San Francisco, California, United States. Fundz records about 573 employees.
Who are the decision-makers at Oyster?
Fundz holds 1 contact at Oyster. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Human Resources and Software around the same time

Companies in the same sectors as Oyster that raised within 45 days of this round, from Fundz verified event records.

  • Certemy raised $9.7M (Series B) on December 1, 2022.
  • Haiqu raised $4M (Pre-Seed) on January 27, 2023.
  • Caura raised $4.9M (Seed) on January 27, 2023.
  • Raven raised $12M (Series A) on January 27, 2023.
  • Kanpla raised $2.4M (Seed) on January 26, 2023.
  • Viking Analytics raised $3.2M (Series A) on January 26, 2023.

Who to call at Oyster, and when

A new round usually means Oyster is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Oyster raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Oyster, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Oyster. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Oyster

Location

San Francisco, California, United States

About

Oyster is a global employment platform that empowers companies to hire, pay, and care for their global teams. It enables growing companies to give valued international team members the experience they deserve, without the usual headaches or expense. Oyster enables people-centric hiring anywhere in the world with reliable, compliant contracts, payroll, and great local benefits and perks. Founded in January 2020 by Tony Jamous and Jack Mardack, Oyster is itself a fully distributed company with a diverse, global team.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Oyster raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Predictive Intelligence
Strategic

ML-powered predictions for Oyster's next move

See what Strategic adds

Oyster raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.