Trinity Capital committed $35 million to INSHUR, an innovative insurance provider for the on-demand economy. Operating globally, INSHUR offers commercial insurance for drivers, fleet operators, and delivery platforms, recently surpassing 1 million policies in the U.K.
The company’s platform provides tech-enabled, flexible insurance tailored to on-demand drivers. This funding will support INSHUR’s U.S. expansion, AI research for underwriting, autonomous vehicle solutions, and new platform partnerships.
Support: Burch & Company, through their registered investment banking agent associated with Edge OMC, served as a sole advisor to INSHUR in connection with the transaction.
KEY QUOTES:
“INSHUR understands the unique challenges of drivers across the on-demand economy and is delivering tailored insurance solutions designed to specifically meet those needs. We are excited to partner with their team as they continue to scale operations and deliver accessible coverage to drivers around the world.”
Jack McNamara, Director of Tech Lending at Trinity Capital
“With a consistent >50% CAGR since 2023, rapid international growth and a clear path to profitability, this raise helps INSHUR continue to cement its position as the leader in insurance solutions for the on-demand economy. Trinity Capital’s support will enable us to accelerate our U.S. and global expansion, and to leverage our deep insurance and technology expertise to further develop our service offering into innovative and upcoming areas such as autonomous vehicles.”
Dan Bratshpis, CEO and Co-founder of INSHUR
