Sertis Secures $3.2M in Funding to Revolutionize the Multifamily Insurance Market

Sertis, Inc., a leading managing general agency (MGA) in the insurance industry, announces the completion of an oversubscribed seed funding round totaling $3.2 million. This financial achievement reflects strong market confidence and positions the company for further expansion in the multifamily insurance sector across the U.S. The round led by JLL Spark Global Ventures showcases Sertis' innovative approach to insurance through its software solutions and strategic business model.

The involvement of key investors such as JLL Spark Global Ventures, BrokerTech Ventures, and InsurTech NY underscores the company's significant potential within the insurtech landscape. Ajey Kaushal of JLL Spark now joining Sertis' board is expected to enhance the company's strategic direction with valuable industry insights. Sertis' platform is praised for its ability to improve risk protection and lower insurance premiums for commercial property owners through advanced technology.

Mark Gardella, CEO of Sertis, highlighted the seed funding as a validation of the company's innovation and its vision to create a more stable and affordable insurance market for multifamily properties. This funding is a crucial step in Sertis' mission to leverage technology for better risk mitigation and tailored insurance solutions.