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Multifamily insurance firm, Sertis secures $3.2 million in seed funding

Posted on March 27, 2024March 27, 2024

Sertis, a burgeoning name in the insurance industry, has successfully closed a seed funding round securing$3.2 million, signaling strong investor confidence in its innovative approach to the multifamily insurance market.

CEO Mark Gardella announced the news, highlighting the significance of this financial milestone in validating the company’s strategic business model and its forward-thinking vision.

The influx of capital is set to bolster Sertis’ commitment to integrating cutting-edge technology, advanced risk mitigation strategies, and comprehensive data analysis to enhance insurance programs tailored for multifamily property portfolios.

This move is not just about financial growth but also about nurturing the company’s nationwide network of top brokers and independent agencies.

Gardella expressed his enthusiasm, stating, “This funding round is a testament to our relentless pursuit of innovation and our dedication to delivering a stable and affordable multifamily insurance market.” He further emphasized the importance of this achievement in strengthening Sertis’ resolve to transform the insurance landscape through a unique blend of expertise, risk assessment innovation, and property management technology.

The successful seed funding round marks a pivotal moment in Sertis’ journey, setting the stage for the company to deliver customized insurance solutions that meet the evolving needs of the multifamily housing sector.

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