SageSure has raised significant capital across multiple funding rounds, most recently securing $70 million in Series D funding on May 23, 2025, building on its previous $250M Series D round. Founded in 2006, SageSure specializes in providing online property insurance comparison services for both residential and commercial users. The platform streamlines policy selection, connects users with multiple insurance providers, and supports claims management, positioning SageSure as a trusted internet-first insurance platform for property coverage.
What Is SageSure and What Does It Do?
SageSure, founded in 2009 by Terrence McLean and Brooks Clark, is a leading internet-first property insurance platform. Headquartered in Jersey City, United States, the company helps individuals and businesses compare, purchase, and manage residential and commercial property insurance policies.
With a workforce of 201–500 employees as of July 2024, SageSure partners with insurance providers such as SafePort, Wilshire, and TransGuard, offering users access to competitive coverage options and claim assistance solutions. In May 2025, the company raised $70 million in Series D funding, bringing its total funding to $320 million and maintaining a $1 billion valuation, reflecting investor confidence in its technology-driven property insurance platform.
How Much Funding Has SageSure Raised?
1. Series D
- Amount Raised: $70M
- Date: May 23, 2025
- Lead Investors: Amwins, Flexpoint Ford
- Motivation: To expand platform capabilities, grow insurance partner network, and enhance claim assistance solutions.
Total Funding Raised: $320 Million
Current Valuation: $1 Billion (as of May 2023)
Latest Funding Date: May 2025
Key Investors
1. Ares Management
- Details: Global alternative investment firm backing high-growth technology and insurance platforms.
- Investment Focus Areas: Fintech, insurance tech, property platforms.
- Notable Investments: EDPR, GLP Capital Partners, Plenitude, RSK Group..
2. Flexpoint Ford
- Details: Private equity firm investing in growth-stage technology and insurance companies.
- Investment Focus Areas: Internet-first insurance, fintech, B2B tech platforms.
- Notable Investments: Elliott Davis, Duetti, Baker Hill, Lereta, MGA Homecare..
Where Is SageSure’s Headquarters?
SageSure is headquartered in Jersey City, United States, providing access to insurance networks, technology talent, and enterprise partnerships in the property insurance sector.
What’s Next for SageSure?
Following its $70 million Series D funding, SageSure plans to expand platform capabilities, grow its insurance partner network, and enhance claim assistance tools. With strong backing and a robust platform, SageSure is positioned to continue as a leader in internet-first property insurance solutions.
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