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TrustLayer

545 Mission Street
San Francisco, CA 94111
USA
(414) 301-1697
Website Company Summary Management Team
Management

CEO: John Fohr (1/1/2018)
President/COO/Operations: Tana Rusitanonta (10/30/2018)
Technology: Vincenzo Acinapura (6/30/2018)
Board

Outside board: (May no longer be on the board) Brian Murray (Craft Ventures Managing Director)
Company

Business description: TrustLayer is an insurtech solutions company that automates insurance verification with machine learning & AI and provides real-time updates on the R3 Corda distributed ledger ecosystem. TrustLayer helps companies eliminate error-prone, manual processes and streamline existing workflows to increase insurance compliance and decrease organizational risk. Customers in multiple billion dollar industries such as construction and property management rely on TrustLayer for its ease of use, tracking and verifying certificates of insurance & other business documents, increased vendor compliance, and the ability to utilize their platform for multiple use cases. Companies can automate the verification of insurance, licenses, and compliance documents of their business partners (i.e., vendors, subcontractors, suppliers, borrowers, tenants, ridesharing and franchisees). TrustLayer is also working with dozens of the largest brokers and carriers in the U.S. to build out a digital proof of insurance solution so companies will be able to automatically validate their business partners have the correct coverage.
Customers include: Roofr ;  Quasar Risk Advisors ;  Shinn Builder Partnerships ;  Simonini ;  Solstice Housing Group
Partners include: The Institutes RiskStream Collaborative
Capital

Rounds: 2
Recent Fundings: Aug 2021   Feb 2021
Capital raised: 21.7M
Last Round: 15.1M
Ownership: Private  
VCs include: BoxGroup Propel Venture Partners Precursor Ventures Abstract Ventures Craft Ventures ;  NFP Ventures ;  Holmes Murphy & Associates ;  M3 Ventures ;  The Graham Company ;  BrokerTech Ventures ;  PruVen Capital
Corporate investors: Heffernan Insurance Brokers

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Overview
Record updated: Aug 2021
Sector: Insurance
Year Founded: 2018
Headcount: 11-25 as of Feb 2021
Rounds: 2
Recent Fundings: Aug 2021   Feb 2021
Capital Raised: 21.7M
Last Round: 15.1M
Ownership: Private