Companies · Insurtech
Insurtech
Diligence memoA one-page analyst read on Pineapple — recommendation, valuation, rhythm, risks.→Pineapple has raised $400K over 1 round; too few niche peers to rank its valuation yet.
Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the insurtech sector profile.
Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.
No named principal in this company's public records yet — see all operators below.
Explore how these operators interlock with other companies in the operator network.
Pineapple is one of 16 Insurtech companies tracked. By capital raised it ranks in the long tail (ahead of 13% of sector peers), and mid-pack by modeled valuation est..
Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.
SA insurtech startup Pineapple raises $400k funding 0 By Tom Jackson on September 1, 2017 News , Southern Africa Johannesburg-based insurtech startup Pineapple has secured seed funding of ZAR5.2 million (US$400,000) from Lireas Holdings, the strategic investment arm of Hannover Re Group Africa, as it prepares to launch by the end of the year. The funding raised by Pineapple , which is in return for a minority shareholding, will assist the startup in bringing its peer-to-peer insurance offering to market.
SA insurtech startup Pineapple raises $400k funding 0 By Tom Jackson on September 1, 2017 News , Southern Africa Johannesburg-based insurtech startup Pineapple has secured seed funding of ZAR5.2 million (US$400,000) from Lireas Holdings, the strategic investment arm of Hannover Re Group Africa, as it prepares to launch by the end of the year. The funding raised by Pineapple , which is in return for a minority shareholding, will assist the startup in bringing its peer-to-peer insurance offering to market.
As reported in public records reported — not modeled.
Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.
The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.
Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.
Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the insurtech sector profile. Directional, not a quoted figure.
Not enough modeled valuation points to chart a trajectory.
Benchmarked against 16 companies in Insurtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.
Raised more than 13% of sector peers (real $). Modeled value above 50% of peers (estimate).
Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Pre-Seed | $400K | 2017-09-01 | $2.2M | $13.6M | 45% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.
Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Mark D. Fandrich | — | — | 2022-03 |
| Michael R. Zapata | — | — | 2022-03 |
| Randall D. Sampson | — | — | 2022-03 |
| Richard A. Primuth | — | — | 2022-03 |
| Roger H.D. Lacey | — | — | 2022-03 |
| Steven D. Webster | — | — | 2022-03 |
Pineapple is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.
Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Octamile | Insurtech | Pre-Seed | $500K | $8.3M | same sector · same stage |
| InvestSure | Insurtech | Pre-Seed | $685K | $23.3M | same sector · same stage |
| Sehatech | Insurtech | Pre-Seed | $850K | $5.8M | same sector · same stage |
| Nice Deer | Insurtech | Pre-Seed | $1.0M | $12.7M | same sector · same stage |
| True Insurtech Solutions Llc | Insurtech | Pre-Seed | $1.0M | $5.8M | same sector · same stage |
| MyCover.ai | Insurtech | Pre-Seed | $1.3M | $9.1M | same sector · same stage |
| ETAP | Insurtech | Pre-Seed | $1.5M | $20.5M | same sector · same stage |
| AlphaDirect | Insurtech | Series A | $600K | $9.8M | same sector |
Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| Pineapple, Inc. | Other | Pre-Seed | $2.9M | 83% |
| Wind Harvest International, Inc. | Other Energy | Series A | $14.8M | 83% |
| American Resources Corp | Other Energy | Series B | $164.8M | 83% |
| Juicer Energy Inc. | Other Energy | Series A | $8.1M | 83% |
| Blue Biofuels, Inc. | Other Energy | Seed | $583K | 83% |
| Indo-Pacific Resources Inc | Other Energy | Seed | $13.3M | 83% |
| Organic Pineapple Holdings, LLC | Agriculture | Seed | $16.1M | 83% |
| NovoHydrogen Holdings LLC | Other Energy | Series B | $146.8M | 83% |
Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.
| Firm | Round | Confidence |
|---|---|---|
| Hannover Re Group | Pre-Seed | 55% |
| Lireas Holdings | Pre-Seed | 55% |
See where Pineapple sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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