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Trusted Resource Underwriters Exchange

Trusted Resource Underwriters Exchange

Private
Binghamton, New YorkFinTechhttps://trueins.com/

Last Round

Private Equity

Dec 31, 2023

Total Funding Raised

$1.25B

Momentum

Quiet

No recent growth signals

Company Overview

Trusted Resource Underwriters Exchange is a property and casualty insurance company that operates as a reciprocal insurer providing homeowners insurance in catastrophe-prone areas.

Sector

FinTech

Verticals

InsurTech, Compliance & Risk, PropTech Services

Business Model

B2C

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

homeowners insurancereciprocal insurerreciprocal exchangecatastrophe insurancehome insurancecoastal homeowners insurancehigh-risk property insuranceFlorida homeowners insurancemember-owned insurerhigh-value home insuranceInsurTechindependent agent distributionattorney-in-fact

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Trusted Resource Underwriters Exchange Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Trusted Resource Underwriters Exchange Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Private EquityDec 31, 2023

Key People

Founding team and executive leadership

Anthony Scavongelli

Chief Executive Officer

Executive Team

Michael Saied

Chief Technology Officer

Executive Team

Trusted Resource Underwriters Exchange Investors

Notable investors and investment history

InvestorRounds
Gallatin Point CapitalPrivate Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 8, 2025

    Monthly visitors grew 83% MoM, reaching 15.2K.

  • Jul 21, 2025

    Grew 22% QoQ, from 27 to 33 employees.

Trusted Resource Underwriters Exchange Filings

SEC and related filings with document metadata.

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Trusted Resource Underwriters Exchange Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Trusted Resource Underwriters Exchange's valuation, stock price, and market status.

Firmographic Details

HeadquartersBinghamton, New York
Employee Range39
Year Founded2020
Last FundingDec 31, 2023

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.