Equal Elements, a US insurance coverage company, has acquired Assurely, an Austin, Texas-based insurance coverage operator targeted on start-ups and rising companies.
Assurely, based by David Carpentier and Ty Sagalow, offers insurance coverage options for corporations with advanced funding buildings, crowdfunding parts or non-traditional investor teams.
Its core providing, the TigerMark managing common agent programme, delivers tailor-made administrators and officers insurance coverage for early-stage corporations that face challenges securing protection by means of commonplace suppliers.
The acquisition marks Equal Elements’ second strategic transfer since its launch in March 2025, following the acquisition of Lumen Insurance coverage.
By way of Equal Elements’ expertise platform, Assurely’s operations will shift to built-in programs, shifting away from guide processes and fragmented workflows.
This enhances the experience of Lumen Insurance coverage, which serves venture-backed tech start-ups at numerous levels.
Collectively, the acquisitions allow Equal Elements to handle the insurance coverage wants of a broad vary of rising corporations, significantly these with distinctive funding or capital buildings.
Equal Elements CEO and co-founder Mike Witte mentioned: “David and the Assurely crew exemplify what we imply by going additional for shoppers. They did not settle for that sure corporations had been ‘arduous to insure’ – they created a wholly new answer. By integrating TigerMark into our linked platform, we will scale this providing whereas dramatically bettering operational effectivity by means of automated workflows.”
David Carpentier mentioned: “Collectively, we will serve extra founders, clear up extra advanced issues and proceed pushing the boundaries of what’s potential in insurance coverage.”
Equal Elements was launched in March 2025 with $10m in acquisition capital, supported by Equal Ventures and Max Ventures.
It goals to accumulate companies producing lower than $5m in income, offering them with AI instruments to streamline back-office operations.
“Equal Elements acquires Assurely to develop insurance coverage for start-ups ” was initially created and revealed by Life Insurance coverage Worldwide, a GlobalData owned model.
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