# Slingshot Insurance

> Technology infrastructure for small insurance policies offered during another purchase.

## Why it is interesting

Slingshot targets the administration costs that can make small-premium insurance programs uneconomic. Its early customer and design partner Vertical Insure is company-reported to serve more than 750,000 customers at a $25 average premium; those figures describe Vertical Insure, not Slingshot's paying customers or revenue.

## Profile

- **Latest funding:** Seed — $27M (October 22, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $27M
- **Stage:** seed
- **Status:** private
- **Industries:** fintech, ai-ml, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-10-24
- **Latest funding investors:** Rally Ventures, Skyward Group, Jim Hays

## Key facts

- $27M seed financing announced October 22, 2026, co-led by Rally Ventures and Skyward Group.
- Rally Ventures co-founded the company with CEO Ethan Genteman.
- Vertical Insure is an early customer and design partner; its customer and premium figures are company-reported.
- Carrier acquisition was a plan described in an interview, not an announced completed transaction.

## Funding history

- Seed · $27M · October 22, 2026
  Source: https://www.slingshotinsurance.com/newsroom/2026-10-22-announcement/

## Investors in our directory

- https://venturecapitaltracker.com/fund/rally-ventures

## Related articles

- https://venturecapitaltracker.com/slingshot-insurance-27m-seed-embedded-policies

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** October 24, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/slingshot-insurance