What does Sproutr do?
Sproutr designs and builds innovative insurance products and programs, offering end-to-end advisory, authoring, and execution support for MGAs/MGUs, program administrators, and carriers. The firm helps its clients navigate complex regulatory processes to successfully launch new Property & Casualty products.
How much did they raise?
Sproutr secured an undisclosed Seed funding round led by Altai Ventures, with no additional participants or valuation details provided.
What are their plans for the money?
With the new funds, Sproutr aims to expand its operations and further develop its insurance product solutions, potentially accelerating innovation and market reach in the insurance industry.
What have they achieved so far?
Sproutr has already made significant progress by assisting key industry players in overcoming complex regulatory challenges and launching innovative insurance products.