CAMBRIDGE, MA, Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual.
Surround Insurance announced that it has closed a $2.5 million seed round led by MassMutual through the MM Catalyst Fund. New investor Aperture VC also participated in the round along with existing investors Newark Venture Partners and Cameron Ventures.
Co-founded by insurance veterans Jay Grayson and Kate Terry, Surround addresses a $10 billion opportunity for consumers getting started with insurance. Surround has designed its experience around transition moments like leaving the parental nest for college, establishing life in the city, or making a first-time car purchase.
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