Surety Now Analysis: $500K Raised
What is Surety Now?
Surety Now is a surety bond broker that quickly provides affordable bonds, ensuring state approval and assisting clients in finding the right bond for their needs.
Product Features & Capabilities
- Contractor Bond, Auto Dealer Bond, Freight Broker Bond, Bonded Title, Business Service Bond, Maintenance Bond, Performance Bond, Janitorial Services Bond
Pricing
- Performance bond costs typically range from 3% to 5% of the project amount.
- License and permit bond costs are usually based on a bond amount set by the government/obligee.
How much Surety Now raised
Accelerator/Incubator - $500K
01-Jan-2024Lead Investor: Y Combinator
Who are the founders of Surety Now
Market Focus
Surety Now primarily focuses on the surety bond industry, acting as a broker to provide affordable surety bonds quickly and ensuring state approval for clients' needs.
Competitors Overview
Surety Now operates in the surety bond market, where it faces competition from several notable companies. The main competitors include:
- Crum & Forster: Known for its customized contract surety bond solutions, particularly for mid to large construction accounts. They emphasize quick turnaroun
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