Just released: How to raise venture capital in 2023

Download

Tailored Business Insurance for Startups

Simplify Your Startup's Insurance: Only Pay for What You Need for Comprehensive Protection
4.9/5 stars
business insurance buildings 01

Trusted by 9,000+
VC Backed Startups and Investors

Why Startups Choose
Founder Shield

customized coverage icon startup

Customized Coverage

Customized Coverage

Tailored policies to fit the unique needs of your startup in your industry, ensuring you’re only paying for what truly matters.

Competitive Pricing icon startup

Competitive Pricing

Competitive Pricing

Harnessing our wide carrier access, receive quality coverage at the best possible rates.

Expert Guidance icon startup

Expert Guidance

Expert Guidance

Access to industry experts who can provide insights on policy selection, risk management and best practices.

Adjust as you Grow icon startup

Adjust as your Grow

Adjust as your Grow

Easily modify your coverage as your startup scales, from pre-seed, through all financing rounds, to IPO.

Quick Coverage Easy Access icon startup

Quick Coverage, Easy Access

Quick Coverage, Easy Access

Submit an application in under 15 minutes and manage all your policies & claims on our simple online platform.

Full Market Access icon startup

Full Market Access

Full Market Access

Access to a network of 200+ carriers to ensure comprehensive protection across all potential risks unique to your startup.

Why your Start-Up
Needs Insurance

Financial Protection icon startup

Financial Protection

Compliance with Legal Requirements icon startup

Compliance with Legal Requirements

Client Trust and Contract Requirements icon startup

Client Trust and Contract Requirements

Mitigating Risks and Uncertainties icon startup

Mitigating Risks and Uncertainties

Industries We Serve

From Pre-Seed, to Series A-E, to Exit
Research Organizations icon startup

Research Organizations

Contracted or funded (not-for-profit) research and testing operations.

Digital Delivery icon startup

Digital Delivery

Telehealth, EMR or Healthcare IT technologies, and Personal Online Health Tools or Wearables.

Pharmaceuticals icon startup

Pharmaceuticals

Drugs in various forms that treat, prevent, or cure disease or injury.

Medical Devices icon startup

Medical Devices

Devices used to diagnose, treat, prevent, or monitor disease.

Health Wellness icon startup

Health & Wellness

Non-FDA regulated products (e.g., supplements) for quality of life.

Telehealth Platforms icon startup

Telehealth Platforms

Businesses offering virtual doctor consultations and medical services online.

Health Informatics EMR icon startup

Health Informatics & EMR

Enterprises digitizing and analyzing patient records, enhancing data interoperability.

Wearable Health Devices IoT icon startup

Wearable Health Devices & IoT

Firms creating wearable gadgets for continuous health monitoring.

AI Machine Learning icon startup

AI & Machine Learning

Ventures utilizing AI for diagnostics, analytics, and treatment advice.

Remote Patient Monitoring icon startup

Remote Patient Monitoring

Businesses providing tools for remote health metric monitoring; ideal for chronic care.

mHealth Apps icon startup

mHealth Apps

Companies developing health-focused mobile apps, from medication reminders to well-being exercises.

Virtual Augmented Reality icon startup

Virtual & Augmented Reality

Firms using VR & AR for medical training, rehabilitation, and therapeutic applications.

Healthcare Marketplaces icon startup

Healthcare Marketplaces

Platforms connecting patients to doctors, pharmacies, and other services online.

Healthcare Analytics icon startup

Healthcare Analytics

Startups analyzing health data for insights, optimizing operations, and enhancing patient care.

Personal Health Portals icon startup

Personal Health Portals

Platforms offering patients direct access to health records and provider communication.

Enterprise Resource Planning icon startup

Enterprise Resource Planning

Firms integrating core business processes like finance, HR, and supply chain.

Customer Relationship Management icon startup

Customer Relationship Management

Platforms managing company-customer interactions.

Collaboration Tools icon startup

Collaboration Tools

Software for team communication and project management.

Marketing Automation Platforms icon startup

Marketing & Automation Platforms

SaaS streamlining and automating marketing tasks.

E commerce icon startup

E-commerce

Platforms for online selling.

Human Resources Management icon startup

Human Resources Management

Software for recruitment, payroll, and HR functions.

Analytics Business Intelligence icon startup

Analytics & Business Intelligence

Tools for business data analysis.

Development IT Operations icon startup

Development & IT Operations

Platforms for software development and IT monitoring.

Financial Accounting icon startup

Financial & Accounting

Software for accounting and financial management.

Learning Management Systems icon startup

Learning Management Systems (LMS)

Platforms for e-learning and course management.

Healthcare SaaS icon startup

Healthcare SaaS

Solutions for healthcare management and EHRs.

Creative Design icon startup

Creative & Design

Tools for design and creative processes.

Digital Payments Transfers icon startup

Digital Payments & Transfers

Startups offering online payments, peer-to-peer transfers, and international remittances.

Neobanks Challenger Banks icon startup

Neobanks & Challenger Banks

Digital-only banks or platforms offering banking-like services without traditional infrastructure.

Digital Investment Platforms icon startup

Digital Investment Platforms

Automated platforms offering algorithm-based investment advice.

Blockchain Cryptocurrency icon startup

Blockchain & Cryptocurrency

Companies focused on blockchain solutions, cryptocurrency exchanges, wallets, or token-based services.

Lending Crowdfunding Platforms icon startup

Lending & Crowdfunding Platforms

Online platforms providing loans, often bypassing traditional financial institutions.

InsurTech icon startup

InsurTech

Startups disrupting the insurance industry with tech-driven solutions.

RegTech icon startup

RegTech

Technologies helping companies comply with regulations efficiently and cost-effectively.

Wealth Management Apps icon startup

Wealth Management Apps

Apps assisting individuals in managing finances, tracking expenses, or offering financial education.

B2B FinTech Solutions icon startup

B2B FinTech Solutions

Platforms providing financial solutions for businesses, such as invoicing or expense tracking.

Trade Foreign Exchange icon startup

Trade & Foreign Exchange

Solutions for managing foreign exchange risks, cross-border trades, or currency conversions.

Financial AI Analytics icon startup

Financial AI & Analytics

Startups using AI for predictive financial analytics, fraud detection, or personalized advice.

Natural Language Processing icon startup

Natural Language Processing (NLP)

AI companies focused on developing technologies for understanding, interpreting, and generating human language like chatbots.

AI Tools Infastructure icon startup

AI Tools & Infrastructure

Companies providing essential hardware, software, and frameworks required for building, training, and deploying AI models.

Generative AI icon startup

Generative AI

Companies specializing in creating tools to generate new content from existing data.

Data Analytics Firms icon startup

Data Analytics Firms

Firms employing AI to conduct data analysis, visualization, and predictive modeling to glean insights from large datasets.

B2B Solutions Providers icon startup

B2B Solutions Providers

Companies offering AI-driven solutions to enhance business efficiency including process automation, and customer support.

Computer Vision icon startup

Computer Vision

Companies enabling machines to analyze visual information for applications like image recognition, and object detection.

AI Healthcare Biotech icon startup

AI Healthcare/Biotech

Companies leveraging AI for drug discovery, medical imaging analysis, personalized medicine, and disease prediction.

AI Finance icon startup

AI Finance

Companies utilizing AI to automate and enhance processes like fraud detection and credit scoring within the financial sector.

AI Education startup icon

AI Education

AI education companies developing platforms and tools powered by AI for personalized learning and improved educational outcomes.

Manufacturing icon startup

Manufacturing

Companies involved in producing goods from raw materials or components on a large scale using machinery and labor.

Real Estate icon startup

Real Estate

Businesses engaged in buying, selling, leasing, or managing properties and land.

Restaurants Entertainment icon startup

Restaurants & Entertainment

Establishments providing food, beverages, and entertainment services to customers.

Education Technology icon startup

Education Technology

Companies developing technologies to enhance educational processes, including learning, teaching, and administrative systems.

media advertising icon startup1

Media & Advertising

Firms involved in creating, publishing, and distributing content, as well as promoting products or services through various channels.

Research Organizations icon startup

Research Organizations

Contracted or funded (not-for-profit) research and testing operations.

Digital Delivery icon startup

Digital Delivery

Telehealth, EMR or Healthcare IT technologies, and Personal Online Health Tools or Wearables.

Pharmaceuticals icon startup

Pharmaceuticals

Drugs in various forms that treat, prevent, or cure disease or injury.

Medical Devices icon startup

Medical Devices

Devices used to diagnose, treat, prevent, or monitor disease.

Health Wellness icon startup

Health & Wellness

Non-FDA regulated products (e.g., supplements) for quality of life.

Telehealth Platforms icon startup

Telehealth Platforms

Businesses offering virtual doctor consultations and medical services online.

Health Informatics EMR icon startup

Health Informatics & EMR

Enterprises digitizing and analyzing patient records, enhancing data interoperability.

Wearable Health Devices IoT icon startup

Wearable Health Devices & IoT

Firms creating wearable gadgets for continuous health monitoring.

AI Machine Learning icon startup

AI & Machine Learning

Ventures utilizing AI for diagnostics, analytics, and treatment advice.

Remote Patient Monitoring icon startup

Remote Patient Monitoring

Businesses providing tools for remote health metric monitoring; ideal for chronic care.

mHealth Apps icon startup

mHealth Apps

Companies developing health-focused mobile apps, from medication reminders to well-being exercises.

Virtual Augmented Reality icon startup

Virtual & Augmented Reality

Firms using VR & AR for medical training, rehabilitation, and therapeutic applications.

Healthcare Marketplaces icon startup

Healthcare Marketplaces

Platforms connecting patients to doctors, pharmacies, and other services online.

Healthcare Analytics icon startup

Healthcare Analytics

Startups analyzing health data for insights, optimizing operations, and enhancing patient care.

Personal Health Portals icon startup

Personal Health Portals

Platforms offering patients direct access to health records and provider communication.

Enterprise Resource Planning icon startup

Enterprise Resource Planning

Firms integrating core business processes like finance, HR, and supply chain.

Customer Relationship Management icon startup

Customer Relationship Management

Platforms managing company-customer interactions.

Collaboration Tools icon startup

Collaboration Tools

Software for team communication and project management.

Marketing Automation Platforms icon startup

Marketing & Automation Platforms

SaaS streamlining and automating marketing tasks.

E commerce icon startup

E-commerce

Platforms for online selling.

Human Resources Management icon startup

Human Resources Management

Software for recruitment, payroll, and HR functions.

Analytics Business Intelligence icon startup

Analytics & Business Intelligence

Tools for business data analysis.

Development IT Operations icon startup

Development & IT Operations

Platforms for software development and IT monitoring.

Financial Accounting icon startup

Financial & Accounting

Software for accounting and financial management.

Learning Management Systems icon startup

Learning Management Systems (LMS)

Platforms for e-learning and course management.

Healthcare SaaS icon startup

Healthcare SaaS

Solutions for healthcare management and EHRs.

Creative Design icon startup

Creative & Design

Tools for design and creative processes.

Digital Payments Transfers icon startup

Digital Payments & Transfers

Startups offering online payments, peer-to-peer transfers, and international remittances.

Neobanks Challenger Banks icon startup

Neobanks & Challenger Banks

Digital-only banks or platforms offering banking-like services without traditional infrastructure.

Digital Investment Platforms icon startup

Digital Investment Platforms

Automated platforms offering algorithm-based investment advice.

Blockchain Cryptocurrency icon startup

Blockchain & Cryptocurrency

Companies focused on blockchain solutions, cryptocurrency exchanges, wallets, or token-based services.

Lending Crowdfunding Platforms icon startup

Lending & Crowdfunding Platforms

Online platforms providing loans, often bypassing traditional financial institutions.

InsurTech icon startup

InsurTech

Startups disrupting the insurance industry with tech-driven solutions.

RegTech icon startup

RegTech

Technologies helping companies comply with regulations efficiently and cost-effectively.

Wealth Management Apps icon startup

Wealth Management Apps

Apps assisting individuals in managing finances, tracking expenses, or offering financial education.

B2B FinTech Solutions icon startup

B2B FinTech Solutions

Platforms providing financial solutions for businesses, such as invoicing or expense tracking.

Trade Foreign Exchange icon startup

Trade & Foreign Exchange

Solutions for managing foreign exchange risks, cross-border trades, or currency conversions.

Financial AI Analytics icon startup

Financial AI & Analytics

Startups using AI for predictive financial analytics, fraud detection, or personalized advice.

Natural Language Processing icon startup

Natural Language Processing (NLP)

AI companies focused on developing technologies for understanding, interpreting, and generating human language like chatbots.

AI Tools Infastructure icon startup

AI Tools & Infrastructure

Companies providing essential hardware, software, and frameworks required for building, training, and deploying AI models.

Generative AI icon startup

Generative AI

Companies specializing in creating tools to generate new content from existing data.

Data Analytics Firms icon startup

Data Analytics Firms

Firms employing AI to conduct data analysis, visualization, and predictive modeling to glean insights from large datasets.

B2B Solutions Providers icon startup

B2B Solutions Providers

Companies offering AI-driven solutions to enhance business efficiency including process automation, and customer support.

Computer Vision icon startup

Computer Vision

Companies enabling machines to analyze visual information for applications like image recognition, and object detection.

AI Healthcare Biotech icon startup

AI Healthcare/Biotech

Companies leveraging AI for drug discovery, medical imaging analysis, personalized medicine, and disease prediction.

AI Finance icon startup

AI Finance

Companies utilizing AI to automate and enhance processes like fraud detection and credit scoring within the financial sector.

AI Education startup icon

AI Education

AI education companies developing platforms and tools powered by AI for personalized learning and improved educational outcomes.

Manufacturing icon startup

Manufacturing

Companies involved in producing goods from raw materials or components on a large scale using machinery and labor.

Real Estate icon startup

Real Estate

Businesses engaged in buying, selling, leasing, or managing properties and land.

Restaurants Entertainment icon startup

Restaurants & Entertainment

Establishments providing food, beverages, and entertainment services to customers.

Education Technology icon startup

Education Technology

Companies developing technologies to enhance educational processes, including learning, teaching, and administrative systems.

media advertising icon startup1

Media & Advertising

Firms involved in creating, publishing, and distributing content, as well as promoting products or services through various channels.

Need help choosing policies for your startup?

Are you Covered?

Essential Policies to Consider

Cyber Insurance

Coverage for financial losses caused by a cyber incident, such as a data breach, ransomware attack, or website hack.

Incidents Cost Without Insurance

Data Breach Lawsuits

$1 million to $100 million

Ransomware Lawsuits

$250,000 to $5 million

Business Interruption Lawsuits

$1 million to $100 million

Negligence Lawsuits

$500,000 to $10 million

Source
  • Ponemon Institute (2023 Cost of a Data Breach Report)
  • Sophos (2023 State of Ransomware Report)
  • Insurance Information Institute (2023 Facts + Statistics: Cyber Risk Insurance)
  • American Bar Association (2022 Cybersecurity and Data Privacy Litigation Trends Report)
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,700 - $7,300

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$8,000 - $26,700

2 million - 5 million

Late Stage ($20M+ ARR)

$18,300 - $82,000

2 million - 10 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Crime Insurance

Coverage for losses due to theft, robbery, burglary, and other crimes.

Incidents Cost Without Insurance

Theft of Money, Goods, or Property

$25,000

Robbery

$50,000

Burglary

$25,000

Embezzlement

$100,000

Fraud

$250,000

Source
  • FBI’s 2023 Uniform Crime Reports
  • National Retail Federation’s 2023 Organized Retail Crime Report
  • Insurance Information Institute’s 2023 Insurance Facts Book
  • Association of Certified Fraud Examiners’ 2023 Report
  • Federal Trade Commission’s 2023 Consumer Protection Data Spotlight
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,700 - $7,300

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$3,100 - $7,500

1 million - 2 million

Late Stage ($20M+ ARR)

$4,400 - $14,400

1 million - 3 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Directors & Officers

Coverage for legal liability for directors and officers of a company for their actions or omissions.

Incidents Cost Without Insurance

Breach of Fiduciary Duty

$1 million

Shareholder Lawsuits

$5 million

Product Liability Lawsuits

$10 million

Source
  • Directors’ and Officers’ Liability Underwriting Society’s 2023 D&O Claims Study
  • Securities and Exchange Commission’s 2023 Enforcement Report
  • Consumer Product Safety Commission’s 2023 Annual Report
Annual Premium Limits

Early Stage ($0-$5M ARR)

$4,900 - $12,900

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$7,800 - $19,700

1 million - 2 million

Late Stage ($20M+ ARR)

$17,300 - $66,400

2 million - 6 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Employment Practices Liability

Coverage for legal liability for employers for wrongful termination, discrimination, harassment, and other employment-related claims.

Incidents Cost Without Insurance

Wrongful Termination Lawsuits

$250,000

Discrimination Lawsuits

$500,000

Harassment Lawsuits

$250,000

Retaliation Lawsuits

$100,000

Source
  • Society for Human Resource Management’s 2023 Workplace Litigation Report
  • Equal Employment Opportunity Commission’s 2023 Charge Data
  • National Sexual Assault Hotline’s 2023 Rape, Abuse & Incest National Network (RAINN) Statistics
  • Occupational Safety and Health Administration’s 2023 Whistleblower Protection Program Report
Annual Premium Limits

Early Stage ($0-$5 ARR)

$550 - $6,200

20,000- 1 million

Growth Stage ($5 million to $20 ARR)

$3,100 - $20,700

25,000 - 2 million

Late Stage ($20m+ ARR)

$17,200 - $63,000

1 million - 2 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Errors & Omissions

Coverage for legal liability for professionals for their mistakes or omissions.

Incidents Cost Without Insurance

Negligence Lawsuits

$250,000

Malpractice Lawsuits

$500,000

Source
  • American Bar Association’s 2023 Malpractice Litigation Survey
  • Medical Professional Liability Association’s 2023 MPL National Benchmarking Survey
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,300 - $9,000

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$9,800 - $30,100

2 million - 5 million

Late Stage ($20M+ ARR)

$25,000 - $124,300

2 million - 10 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Fiduciary Liability

Coverage for legal liability for fiduciaries for their breach of fiduciary duty.

Incidents Cost Without Insurance

Breach of Trust

$250,000

Embezzlement

$500,000

Fraud

$1 million

Source
  • National Association of Trustees at State Colleges and Universities’ 2023 Fiduciary Liability Claims Study
  • Association of Certified Fraud Examiners’ 2023 Report to the Nations on Occupational Fraud and Abuse
  • Securities and Exchange Commission’s 2023 Enforcement Report
Annual Premium Limits

Early Stage ($0-$5M ARR)

$1,800- $12,100

1 million - 1.5 million

Growth Stage ($5M to $20M ARR)

$6,600 - $23,200

1 million- 1 million

Late Stage ($20M+ ARR)

$4,000 - $62,000

1 million - 1.5 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

General Liability

Coverage for financial losses caused by bodily injury or property damage to others.

Incidents Cost Without Insurance

Slip and Fall Accidents

$25,000

Product Liability Lawsuits

$50,000

Premises Liability Lawsuits

$25,000

Source
  • National Safety Council’s 2023 Injury Facts
  • U.S. Consumer Product Safety Commission’s 2023 Annual Report
  • Insurance Information Institute’s 2023 Insurance Facts Book
Annual Premium Limits

Early Stage ($0-$5M ARR)

$500- $2,600

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$1,300 - $9,750

1 million - 2 million

Late Stage ($20M+ ARR)

$2,800- $30,100

1 million - 3 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Property Insurance

Coverage for losses to property due to fire, theft, vandalism, and other hazards.

Incidents Cost Without Insurance

Fire Damage

$100,000

Theft

$25,000

Vandalism

$10,000

Water Damage

$50,000

Storm Damage

$75,000

Source
  • National Fire Protection Association
  • Federal Bureau of Investigation
  • Insurance Information Institute
Annual Premium Limits

Early Stage ($0-$5M ARR)

$550- $1,800

1 million- 1 million

Growth Stage ($5M to $20M ARR)

$1,600 - $3,200

1 million - 2 million

Late Stage ($20M+ ARR)

$3,000 - $12,400

1 million - 2 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for financial losses caused by a cyber incident, such as a data breach, ransomware attack, or website hack.

Incidents Cost Without Insurance

Data Breach Lawsuits

$1 million to $100 million

Ransomware Lawsuits

$250,000 to $5 million

Business Interruption Lawsuits

$1 million to $100 million

Negligence Lawsuits

$500,000 to $10 million

Source
  • Ponemon Institute (2023 Cost of a Data Breach Report)
  • Sophos (2023 State of Ransomware Report)
  • Insurance Information Institute (2023 Facts + Statistics: Cyber Risk Insurance)
  • American Bar Association (2022 Cybersecurity and Data Privacy Litigation Trends Report)
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,700 - $7,300

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$8,000 - $26,700

2 million - 5 million

Late Stage ($20M+ ARR)

$18,300 - $82,000

2 million - 10 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for losses due to theft, robbery, burglary, and other crimes.

Incidents Cost Without Insurance

Theft of Money, Goods, or Property

$25,000

Robbery

$50,000

Burglary

$25,000

Embezzlement

$100,000

Fraud

$250,000

Source
  • FBI’s 2023 Uniform Crime Reports
  • National Retail Federation’s 2023 Organized Retail Crime Report
  • Insurance Information Institute’s 2023 Insurance Facts Book
  • Association of Certified Fraud Examiners’ 2023 Report
  • Federal Trade Commission’s 2023 Consumer Protection Data Spotlight
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,700 - $7,300

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$3,100 - $7,500

1 million - 2 million

Late Stage ($20M+ ARR)

$4,400 - $14,400

1 million - 3 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for legal liability for directors and officers of a company for their actions or omissions.

Incidents Cost Without Insurance

Breach of Fiduciary Duty

$1 million

Shareholder Lawsuits

$5 million

Product Liability Lawsuits

$10 million

Source
  • Directors’ and Officers’ Liability Underwriting Society’s 2023 D&O Claims Study
  • Securities and Exchange Commission’s 2023 Enforcement Report
  • Consumer Product Safety Commission’s 2023 Annual Report
Annual Premium Limits

Early Stage ($0-$5M ARR)

$4,900 - $12,900

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$7,800 - $19,700

1 million - 2 million

Late Stage ($20M+ ARR)

$17,300 - $66,400

2 million - 6 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for legal liability for employers for wrongful termination, discrimination, harassment, and other employment-related claims.

Incidents Cost Without Insurance

Wrongful Termination Lawsuits

$250,000

Discrimination Lawsuits

$500,000

Harassment Lawsuits

$250,000

Retaliation Lawsuits

$100,000

Source
  • Society for Human Resource Management’s 2023 Workplace Litigation Report
  • Equal Employment Opportunity Commission’s 2023 Charge Data
  • National Sexual Assault Hotline’s 2023 Rape, Abuse & Incest National Network (RAINN) Statistics
  • Occupational Safety and Health Administration’s 2023 Whistleblower Protection Program Report
Annual Premium Limits

Early Stage ($0-$5 ARR)

$550 - $6,200

20,000- 1 million

Growth Stage ($5 million to $20 ARR)

$3,100 - $20,700

25,000 - 2 million

Late Stage ($20m+ ARR)

$17,200 - $63,000

1 million - 2 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for legal liability for professionals for their mistakes or omissions.

Incidents Cost Without Insurance

Negligence Lawsuits

$250,000

Malpractice Lawsuits

$500,000

Source
  • American Bar Association’s 2023 Malpractice Litigation Survey
  • Medical Professional Liability Association’s 2023 MPL National Benchmarking Survey
Annual Premium Limits

Early Stage ($0-$5M ARR)

$2,300 - $9,000

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$9,800 - $30,100

2 million - 5 million

Late Stage ($20M+ ARR)

$25,000 - $124,300

2 million - 10 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for legal liability for fiduciaries for their breach of fiduciary duty.

Incidents Cost Without Insurance

Breach of Trust

$250,000

Embezzlement

$500,000

Fraud

$1 million

Source
  • National Association of Trustees at State Colleges and Universities’ 2023 Fiduciary Liability Claims Study
  • Association of Certified Fraud Examiners’ 2023 Report to the Nations on Occupational Fraud and Abuse
  • Securities and Exchange Commission’s 2023 Enforcement Report
Annual Premium Limits

Early Stage ($0-$5M ARR)

$1,800- $12,100

1 million - 1.5 million

Growth Stage ($5M to $20M ARR)

$6,600 - $23,200

1 million- 1 million

Late Stage ($20M+ ARR)

$4,000 - $62,000

1 million - 1.5 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for financial losses caused by bodily injury or property damage to others.

Incidents Cost Without Insurance

Slip and Fall Accidents

$25,000

Product Liability Lawsuits

$50,000

Premises Liability Lawsuits

$25,000

Source
  • National Safety Council’s 2023 Injury Facts
  • U.S. Consumer Product Safety Commission’s 2023 Annual Report
  • Insurance Information Institute’s 2023 Insurance Facts Book
Annual Premium Limits

Early Stage ($0-$5M ARR)

$500- $2,600

1 million - 2 million

Growth Stage ($5M to $20M ARR)

$1,300 - $9,750

1 million - 2 million

Late Stage ($20M+ ARR)

$2,800- $30,100

1 million - 3 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Coverage for losses to property due to fire, theft, vandalism, and other hazards.

Incidents Cost Without Insurance

Fire Damage

$100,000

Theft

$25,000

Vandalism

$10,000

Water Damage

$50,000

Storm Damage

$75,000

Source
  • National Fire Protection Association
  • Federal Bureau of Investigation
  • Insurance Information Institute
Annual Premium Limits

Early Stage ($0-$5M ARR)

$550- $1,800

1 million- 1 million

Growth Stage ($5M to $20M ARR)

$1,600 - $3,200

1 million - 2 million

Late Stage ($20M+ ARR)

$3,000 - $12,400

1 million - 2 million

Disclaimer

*Premium estimates are for informational purposes only. Every company is different and we make no representations or guarantees regarding the accuracy of your company’s specific insurance premiums or risk profile.

Ready to secure your startup?

What Coverage Does
your Startup Need?

Formation
  • general liability icon startup 1
    General Liability
  • general liability icon startup 1
    General Liability
First Office Space
  • Property Insurance icon startup1
    Property Insurance
  • Property Insurance icon startup1
    Property Insurance
First Hire
  • Workers Compensation icons startup1
    Workers Compensation
  • Employment Practices Liability icon startup1
    PEO
  • Workers Compensation icons startup1
    Workers Compensation
  • Employment Practices Liability icon startup1
    PEO
Product/Service Launch
  • Vector 1
    Product Liability
  • Vector 2
    Errors & Omissions
  • Vector 3
    Cyber Liability
  • Vector 1
    Product Liability
  • Vector 2
    Errors & Omissions
  • Vector 3
    Cyber Liability
Raise Seed Funding
  • Vector
    Directors & Officers Insurance
  • Vector
    Directors & Officers Insurance
Scaling Operations
  • Vector 5
    Employment Practice Liability
  • Vector 4
    Employee Health & Benefits
  • Vector 5
    Employment Practice Liability
  • Vector 4
    Employee Health & Benefits
Series A & B
  • Vector 8
    Increased D&O
  • Vector 6
    Fiduciary Liability
  • Vector 7
    Crime Insurance
  • Vector 8
    Increased D&O
  • Vector 6
    Fiduciary Liability
  • Vector 7
    Crime Insurance
Series C+ and Beyond
  • Vector 13
    Captive Insurance
  • Vector 12
    Public D&O
  • Vector 13
    Captive Insurance
  • Vector 12
    Public D&O
Exit Strategy or M&A Activities
  • Vector 11
    Representations & Warranties
  • Vector 9
    Key Person & Contract Frustration
  • Vector 10
    Tail Coverage
  • Vector 11
    Representations & Warranties
  • Vector 9
    Key Person & Contract Frustration
  • Vector 10
    Tail Coverage

How it Works

Assess Risk

Have our 1-1 advisor evaluate your startup’s unique vulnerabilities and potential liabilities.

Choose Coverage

Select tailored insurance policies that address your startup’s specific needs.

Partner and Protect

Connect with a trusted insurance provider and secure your startup’s future.

What our Insured
Have to Say

FAQ

The cost of insurance for startups at will vary based on several factors, including your business activities, revenue, growth rate, and specific industry risks.

Additionally, we offer a cost estimate calculator that can provide you with an estimated insurance cost, based on data from our current clients on our risk assessment call.

For a more accurate and personalized quote, reach out to our team our start your application today.

Founder Shield conducts a robust risk assessment to determine the right coverage amount for your startup. We analyze various factors including your company’s size, industry-specific risks, and revenue.

By examining the most likely claims and their financial impact, we present you with a comprehensive evaluation.

This allows you to make an informed decision on your coverage, ensuring it’s tailored to your startup’s unique needs and potential risks.

Absolutely. We recognize that startups evolve rapidly. As your business grows and changes, so can your insurance needs. FounderShield is here to ensure that your coverage scales alongside your startup. You can reach out to us anytime to adjust your policy.

Founder Shield distinguishes itself from other insurance brokers by offering tailored insurance solutions specifically designed for startups.

Unlike typical one-size-fits-all packages, we provide personalized attention and customized policies from a diverse range of over 200+ carriers.

This approach ensures comprehensive coverage for the unique challenges and risks faced by young companies.

Our expertise lies in understanding the nuances of startups, ensuring your insurance is flexible, appropriate, and scalable to meet your evolving needs.

At FounderShield, we strive to make the claims process as smooth as possible. If an incident occurs, immediately notify us on our online portal, providing all relevant information and documentation.

Our dedicated claims team will guide you through every step to ensure you get the support you need.

Definitely. Having insurance demonstrates to investors that you are proactive about managing risks and protecting your startup’s assets.

It’s a sign of business maturity, foresight, and financial prudence, all of which can positively influence investor sentiment.

Yes, certain industries have specialized risks that warrant unique insurance products.

For instance, tech startups might benefit from cyber liability insurance, while a biotech startup might need clinical trial coverage.

Our team at FounderShield has deep knowledge across various sectors and can guide you to the policies most relevant to your startup.

Schedule a Time to Speak with a Startup Insurance Advisor