Fundz

Sigo Seguros raised $10.5M in a Series A funding round led by Varco Capital and Listen to expand its car insurance offerings to Florida and California.

PRIVATESep 10, 2024

Amount Raised

$10.5 Million

Round Type

Series A

United StatesInsurance

Investors

Fiat VenturesRise Of The RestZeal CapitalFlintlock CapitalAngeles VenturesListenVarco Capital

Description

Sigo Seguros, a car insurance startup, has raised $10.5 million in a Series A funding round to expand its geographical presence. The funding will enhance its product offerings primarily targeting underserved communities, especially immigrants and working-class individuals.

Quick answer

Sigo Seguros raised $10.5 Million in a Series A round, dated September 10, 2024. Investors: Fiat Ventures, Rise Of The Rest, Zeal Capital, Flintlock Capital, Angeles Ventures, Listen and Varco Capital. Sigo Seguros is based in United States.

How much did Sigo Seguros raise?
Sigo Seguros raised $10.5 Million in a Series A round on September 10, 2024.
Who invested in Sigo Seguros?
Fiat Ventures, Rise Of The Rest, Zeal Capital, Flintlock Capital, Angeles Ventures, Listen and Varco Capital are named as investors in this round.
What does Sigo Seguros do?
Sigo Seguros is an insurance technology company focused on serving the Spanish-speaking community with fair insurance.
Where is Sigo Seguros based and how big is it?
Sigo Seguros is based in United States. Fundz records about 2 employees.
Who are the decision-makers at Sigo Seguros?
Fundz holds 1 contact at Sigo Seguros. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

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

  • HOMEE raised $12M on October 25, 2024.
  • Aurora raised an undisclosed amount (Seed) on October 25, 2024.
  • Clearcover raised $44M on October 25, 2024.
  • Amwins Holding Company raised $32M on October 22, 2024.
  • Juno raised $1.8M (Series A) on October 17, 2024.
  • Baseline Risk Partners raised $6.8M on October 17, 2024.

Who to call at Sigo Seguros, and when

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

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

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Company Information

Company

Sigo Seguros

Location

United States

About

Sigo Seguros is an insurance technology company focused on serving the Spanish-speaking community with fair insurance. The company provides transparent, reliable, and affordable prices that removes fees and biased rating factors that have disproportionately affected minorities. Additionally, the company provides coverage for customers with US and foreign licenses or IDs. Founded in 2019, Sigo Seguros is available in Texas and offers a mobile-first platform that simplifies the process of getting a quote, signing up, signing paperwork, and processing claims. Sigo Seguros makes it easy to purchase the right coverage for you and your family.

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

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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