Jumpstart on Republic

Democratizing disaster insurance.

Raise to date: $775,834

Reporting Date: 11/17/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

06/13/2019

Stop Date

11/30/2019

Days Remaining

11

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

3,438

% of Minimum Raised

3,103%

% of Maximum Raised

73%

Dollars Per Day to Reach Max

$26,742

DPD* Committed

$4,942

DPD* Category

$0

DPD* All Companies

$1,357

Kingscrowd Momentum

$775,834

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Jumpstart, with a valuation cap of $7.5 million, is raising crowdfunding on Republic. The company offers event-based insurance to people against natural disasters. The parametric insurance of Jumpstart provides low-cost and hassle-free insurance that is democratizing disaster insurance. Jumpstart was founded by Kate Stillwell in November 2015 and launched direct-to-customer in October 2018. The company has already raised $1 million in seed funding in previous rounds while the current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000. Jumpstart is the first company offering insurance for earthquakes in the US and has grown 60% of its business through customer referrals.

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