Tint Technologies Analysis: $25M Raised
What is Tint Technologies?
Tint builds an embedded insurance platform and operates as a licensed MGA. Its Hermes system is an AI-native operating system for underwriting, policy management, claims, payments, communications, intelligence, security, compliance, studio tools, and developer workflows. The company serves mobility, property, travel, transportation, and logistics programs, and states that its programs run on A-rated carriers.
Location
2261 Market St, San Francisco, California 94114, United States
Employees
11-50
Founded
2018
Revenue
$6.7M
Business Model
Embedded insurance solutions generate revenue through partnerships and white-labeled offerings.
Product Features & Capabilities
- Embedded insurance solutions, white-labeled protection, compliance with regulations, optimized user experience, tailored insurance for various industries (Transportation & Logistics, Property Management, Mobility), bespoke solutions for unique business needs, increased profitability through efficient solutions, brand trust through relevant coverage, enhanced sales via embedded protection.
How much Tint Technologies raised
Series A - $25M
July 5, 2021Lead Investor: Led by QED Investors
Who are the founders of Tint Technologies
MR
Matheus Riolfi
Co-founder & CEO
JS
Jérôme Selles
Co-Founder & CDO
Investors
- QED Investors
- Raptor Group
- Nyca Partners
- Deciens Capital
- Y Combinator
- Webb Investment Network
- VentureSouq
- Sarona Ventures
Competitors Overview
Tint Technologies operates in the embedded insurance market and faces competition from several notable companies. The main competitors include:
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Boost: Focuses on providing digital insurance solutions with a strong emphasis on B2B commerce and operational efficiency. Its platform is designed for compliance and capital management, making it advantageous for businesses looking for streamlined insurance processes.
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Cover Genius: Specializes in embedded protection across various industries through its global distribution platform, XCover. This allows for seamless integration of insurance products into existing services, enhancing customer offerings.
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Sure: Offers a comprehensive platform for insurance distribution, policy management, and claims processing. Its tools cover the entire insurance lifecycle, which is beneficial for companies seeking a complete solution.
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Zopper: An API-enabled insurance distribution platform based in India, known for its significant funding and established market presence, allowing for broader service offerings.
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Bolttech: Provides insurance as a service for both businesses and individuals, with substantial funding that supports a wide range of insurance solutions.
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Qover: Focuses on software solutions for the insurance industry, leveraging its funding to enhance its market position.
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Markit EDM: Offers enterprise data management software solutions, crucial for companies handling large volumes of data.
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Guidewire Software: Provides technology solutions specifically for the property and casualty insurance industry, making it a strong competitor in that niche.
Each competitor has unique strengths, such as Boost's focus on operational efficiency, Cover Genius's integration capabilities, and Sure's comprehensive management tools, which may provide them with advantages in the embedded insurance market.
Market Focus
Tint Technologies primarily focuses on the embedded insurance industry, providing infrastructure for brands to offer white-labeled embedded protection to their customers at the point of purchase.
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