Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Sure Ventures is a Silicon Valley-based early-stage venture capital firm founded in 2018 by Gopi Rangan. The firm focuses on investing in rapidly growing technology companies, particularly in sectors such as insurtech, fintech, healthcare, aging, care, and mental health. Sure Ventures aims to enable peace of mind for individuals and businesses through innovative solutions that redefine traditional industries.
As of now, Sure Ventures manages a portfolio of 19 companies, emphasizing a commitment to long-term impact and transformative ideas. The firm primarily participates in the first institutional round of funding, which allows it to engage with startups at their earliest stages. The firm is headquartered in Mountain View, California, and has a geographical focus on major U.S. cities, including San Francisco, Austin, New York, and Boston.
Gopi Rangan, the founder, has a background in leadership and investment roles at USAA and Intel Capital. His experience and connections within the insurtech ecosystem enhance the visibility and credibility of the startups in which Sure Ventures invests. The firm’s mission is not only to provide capital but also to support founders in navigating the complexities of their respective industries.
Sure Ventures invests primarily in early-stage companies that are transforming legacy industries with bold and innovative solutions. The firm focuses on sectors including insurtech, fintech, healthcare, aging, care, and mental health. This diverse sector focus allows Sure Ventures to support startups that enhance financial services and well-being.
The firm typically participates in pre-seed, seed, and Series A funding rounds, making it an ideal partner for startups at these critical stages. Check sizes are generally under $500,000, aligning with the firm’s strategy of being a small lead or co-investor in early rounds. Sure Ventures emphasizes a commitment to long-term impact, seeking companies that not only aim for financial success but also contribute positively to society.
In terms of deal structure, Sure Ventures prefers to engage with founders who are redefining traditional industries and are open to strategic guidance. The firm values innovative solutions that address legacy industry challenges, particularly in the insurtech and fintech sectors. Founders who align with the firm’s mission of enabling peace of mind for individuals and businesses are particularly attractive to Sure Ventures.
Sure Ventures has invested in a diverse range of startups, showcasing its commitment to supporting innovative solutions across various sectors. Notable portfolio companies include:
In addition to these, the firm has invested in an AI-based identity access governance platform, a remote visual assistance service for customer support, a financial technology company focused on pet care, a home management application, a modern hiring platform for training, and a communication solution for the insurance ecosystem. This diverse portfolio reflects Sure Ventures' strategy of investing in companies that are redefining traditional industries and enhancing financial services and well-being.
Gopi Rangan - Founding Partner. Gopi has a background in leadership and investment roles at USAA and Intel Capital. He holds an MBA from INSEAD and an MS in Electrical Engineering from Arizona State University. Gopi is also a visible thought leader in the insurtech community, hosting the podcast 'The Sure Shot Entrepreneur.'
Prashant Shah - Venture Partner. Prashant brings extensive experience in venture capital and has a strong background in technology investments.
Jayant Khadilkar - Partner, Bain & Co. Jayant has a wealth of experience in consulting and strategy, particularly in the technology sector.
Todd Ruppert - Professor, Stanford University. Todd's academic background provides a unique perspective on investment strategies and market trends.
Lori Sherer - Professor, INSEAD. Lori contributes her expertise in business management and strategy to the firm.
Oren Zeev - Founding Partner, Zeev Ventures. Oren's experience in venture capital enhances the firm's investment strategies.
Claudia Zeisberger - Senior Controller, Aduro Advisors. Claudia's financial expertise supports the firm's operational needs.
Bill Okvist - Finance Partner, Morrison & Foerster. Bill provides legal and financial guidance to the firm.
Murray Indick - Legal Advisor. Murray's legal expertise ensures compliance and supports the firm's investment activities.
To pitch Sure Ventures, founders should visit their website at sure.ventures. The firm prefers pitches that clearly outline the startup's innovative solutions and how they align with the firm’s mission. Founders should include relevant market data, a clear business model, and details about the team in their pitch deck.
While there is no specific application form mentioned, a well-structured pitch deck is essential. Founders can expect a response within a reasonable timeframe, although specific timelines are not disclosed. Warm introductions are preferred, especially from trusted connections within the insurtech ecosystem.
As of April 2023, Sure Ventures continues to actively invest in a diverse range of startups, focusing on innovative solutions that address legacy industry challenges. The firm has maintained a strong presence in the insurtech community, with Gopi Rangan participating in various conferences and podcasts to discuss trends and insights in the sector.
In 2022, Sure Ventures announced several new investments in early-stage companies, further expanding its portfolio in the insurtech and fintech sectors. The firm’s commitment to supporting transformative ideas remains evident through its ongoing engagement with founders and industry leaders.
What are Sure Ventures' investment criteria?
Sure Ventures primarily invests in early-stage companies that are transforming legacy industries, particularly in insurtech, fintech, healthcare, aging, care, and mental health. The firm focuses on startups that offer innovative solutions and participate in pre-seed, seed, and Series A funding rounds.
How can founders pitch to Sure Ventures?
Founders can pitch to Sure Ventures by visiting their website at sure.ventures. The firm encourages startups to present their innovative ideas and how they align with the firm’s mission of enabling peace of mind for individuals and businesses.
What makes Sure Ventures different from other VC firms?
Sure Ventures distinguishes itself through its focus on sectors that combine financial services with well-being, such as insurtech and healthcare. The firm emphasizes long-term impact and transformative ideas, making it a unique partner for startups looking to innovate within these industries.
What is the typical check size for investments?
Sure Ventures typically invests under $500,000 in early-stage companies, positioning itself as a small lead or co-investor in funding rounds.
What geographic areas does Sure Ventures focus on?
The firm primarily focuses on the United States, with a strong presence in major cities such as San Francisco, Austin, New York, and Boston.
What kind of support do portfolio companies receive?
Sure Ventures provides strategic guidance, facilitates introductions to potential partners and customers, and leverages its deep connections within the insurtech ecosystem to add value to its portfolio companies.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.