Tech Company Financing Transactions
Boundless Rider Insurance Agency Funding Round
Boundless Rider Insurance Agency, operating out of Medford, received $4 million from Assurity Life Insurance and private investors.
Transaction Overview
Company Name
Announced On
10/30/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Assurity Life Insurance (Lead Investor)
Proceeds Purpose
There are roughly 20 million powersports vehicles in the U.S., but the market remains underserved. The company designed its insurance product specifically for owners of powersport vehicles -- such as motorcycles, ATVs, UTVs, scooters and mopeds.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
400 Rivers Edge Dr, 4th Fl
Medford, MA 02155
USA
Medford, MA 02155
USA
Phone
Website
Email Address
Overview
We created Boundless Rider to provide riders everywhere with an unrivaled level of motorcycle and powersport focused info, protection, value, service and perks. We know Riders have a strong commitment to their communities while valuing freedom and independence. Riders deserve to be treated with respect.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Blair Baldwin
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