Business
Trinity Capital Inc. Provides $35 Million in Growth Capital to INSHUR as the On-Demand Economy Booms
PHOENIX, July 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the
About this update from Trinity Capital Inc.
[{"type":"text","content":"PHOENIX, July 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (\"Trinity Capital\"), a leading alternative asset manager, today announced the commitment of $35 million in growth capital to INSHUR, a leader in innovative insurance solutions for the on-demand economy.\n\n \n \n \n \n \n \n\n \nOperating globally, INSHUR provides commercial insurance for on-demand mobility drivers, fleet operators, and delivery platforms across the mobility and delivery sectors. The company recently surpassed 1 million policies sold in the U.K., one of its core markets. Its platform offers a personalized suite of tech-enabled insurance products, providing flexible coverage and protection that adapts to the distinct needs of on-demand drivers.\n\"INSHUR understands the unique challenges of drivers across the on-demand economy and is delivering tailored insurance solutions designed to specifically meet those needs,\" said Jack McNamara, Director of Tech Lending at Trinity Capital. \"We are excited to partner with their team as they continue to scale operations and deliver accessible coverage to drivers around the world.\"\nThis capital will help grow INSHUR's continued expansion across the U.S., advance its research into AI technologies for underwriting and real-time pricing, develop new solutions for the autonomous vehicle market, and expand partnerships with platforms offering on-demand services.\n\"With a consistent >50% CAGR since 2023, rapid international growth and a clear path to profitability, this raise helps INSHUR continue to cement its position as the leader in insurance solutions for the on-demand economy. Trinity Capital's support will enable us to accelerate our U.S. and global expansion, and to leverage our deep insurance and technology expertise to further develop our service offering into innovative and upcoming areas such as autonomous vehicles,\" said Dan Bratshpis, CEO and Co-founder of INSHUR.\nBurch & Company, Inc., member FINRA/SIPC, through their registered investment banking agent associated with Edge OMC, served as a sole advisor to INSHUR in connection with the transaction.\nAbout Trinity Capital Inc.Trinity Capital Inc. (NASDAQ: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structu...