Companies · Insurtech

True Insurtech Solutions Llc

HENDERSON · Insurtech · refined from filed group “Other

Diligence memoA one-page analyst read on True Insurtech Solutions Llc — recommendation, valuation, rhythm, risks.
$1.0M
Total raised · real
1
Rounds
Latest step-up
Top 51%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Thu Dec 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

True Insurtech Solutions Llc looks under-valued against its niche peers and is quiet on financing cadence.

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.

Under-valued
  • Modeled value is 0.64× the median modeled value of Pre-Seed Insurtech companies in 2022–2024 (5 peers) — value vs value, same stage and era.
Quiet
  • Last raise 2.5 yr ago; this sector typically re-raises about every 18 months.
  • Slightly overdue versus sector cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

True Insurtech Solutions Llc behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
2.5 yr record
Peak capital year was 2023 with $1.0M across 1 filings.
Market position
ahead of 50% of Insurtech peers
Capital scale is ahead of 50% of Insurtech peers; modeled value is above 19% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $1.0M across 1 filings.
  • Largest single filing was $1.0M on 2023-12-28.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
Leadership

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.

Where it sits in Insurtech

True Insurtech Solutions Llc is one of 16 Insurtech companies tracked from HENDERSON. By capital raised it ranks mid-pack (ahead of 50% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

insurtech

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2022
Year incorporated
Amount raised vs valuation, by round

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.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5M$5.0M$7.5M$10MPre-Seed · 2023-12-28 Raised $1.0M (real) Modeled valuation $5.8M (est)$1.0M$5.8MPre-Seed2023

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.

Financing ladder & sequence gaps
Pre-Seed$1.0M · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$5.8M
Base estimate est.
$653K
Conservative case
$22.8M
Upside case
$5.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda 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.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.66×/yr
Annual markup
2.25×/yr upside case
2.5 yr
Elapsed time used
2.5 yr actual, capped for stale marks
insurtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
2.5 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

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.

Total raised — vs sector median (real $, all stages) 0.8× of median
This company$1.0M
Sector median$1.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 1.1× above median
This company$1.0M
Sector median$925K
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$5.8M
Sector median$20.5M

Raised more than 50% of sector peers (real $). Modeled value above 19% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #4 of 5.

This companyCohort peer
$1.0M$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)ETAP · Pre-Seed Raised $1.5M · modeled $20.5M (est)Nice Deer · Pre-Seed Raised $1.0M · modeled $12.7M (est)MyCover.ai · Pre-Seed Raised $1.3M · modeled $9.1M (est)Sehatech · Pre-Seed Raised $850K · modeled $5.8M (est)True Insurtech Solutions Llc (this company) Raised $1.0M · modeled $5.8M (est)True Insurtech Solutions Llc
CompanyStageRaised · realValue · estvs peer med.
ETAPPre-Seed$1.5M$20.5M2.25×
Nice DeerPre-Seed$1.0M$12.7M1.40×
MyCover.aiPre-Seed$1.3M$9.1M1.00×
True Insurtech Solutions Llc this companyPre-Seed$1.0M$5.8M0.64×
SehatechPre-Seed$850K$5.8M0.64×
Full financing history

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.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$1.0M2023-12-28$5.6M$5.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$1.0M2023-12-28
    • First recorded raise — entered as Pre-Seed.
Intelligence
Modeled next raise
$1.6M
Modeled next size est.range $1.0M$2.6M
Last step-up
Capital velocity

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.

Key people & operators

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.

PersonRoleAlso runsTied since
Gary Lee Mashore2023-12
Jeffrey Lawrence Derango2023-12
Trevor Lawrence Lightbound2023-12
Registry & provenance

True Insurtech Solutions Llc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1994597
SEC CIK
2022
Incorporated
Similar companies

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.

CompanySectorStageRaised · realValue · estWhy similar
Nice DeerInsurtechPre-Seed$1.0M$12.7Msame sector · same stage
SehatechInsurtechPre-Seed$850K$5.8Msame sector · same stage
MyCover.aiInsurtechPre-Seed$1.3M$9.1Msame sector · same stage
InvestSureInsurtechPre-Seed$685K$23.3Msame sector · same stage
ETAPInsurtechPre-Seed$1.5M$20.5Msame sector · same stage
OctamileInsurtechPre-Seed$500K$8.3Msame sector · same stage
PineappleInsurtechPre-Seed$400K$13.6Msame sector · same stage
OKOInsurtechSeed$1.2M$23.0Msame sector
Semantically similar

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.

CompanySectorStageValue · estMatch
trueEX Group LLCOther TechnologySeries B$743.5M74%
NexTech AR Solutions Corp.OtherSeries A$676K74%
Genuine Inc.OtherPre-Seed$3.1M73%
Truentity CorpOther TechnologySeries A$15.7M73%
TrueBuilt Software, Inc.Software / TechSeed$34.6M72%
Insphire IO Corp.Software / TechSeries A$312.1M72%
InsPro Technologies CorpSoftware / TechSeries A$8.3M72%
Truelytics, Inc.Other TechnologySeed$102.2M72%
Frequently asked
How much funding has True Insurtech Solutions Llc raised?
True Insurtech Solutions Llc has raised approximately $1.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is True Insurtech Solutions Llc's estimated valuation?
Provath's modeled valuation for True Insurtech Solutions Llc is approximately $5.8M (modeled range $653K–$22.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is True Insurtech Solutions Llc at?
True Insurtech Solutions Llc's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Thu Dec 28.
What does True Insurtech Solutions Llc do and where is it based?
True Insurtech Solutions Llc operates in the Insurtech sector, based in HENDERSON.
Explore related

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