Instnt

About

Instnt is the first fully managed onboarding platform for businesses with fraud loss liability insurance.

New York,New York,United States
1 - 10
http://www.instnt.org

Highlights

Details

Last Funding Type: Seed
Industries: Banking,Financial Services,FinTech,Insurance,Software
Founded date: May 1, 2019
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Instnt Inc.

Instnt Inc. is a public benefit corporation on a mission to bring inclusion and instant account opening experiences for businesses and their customers. It is a one-of-a-kind collaborative effort between industry thought leaders, technology vendors and the private and public sector to solve for both sides of the on-boarding problem with a “Stripe for on-boarding” service offering and a new, interoperable Open Trust Protocol to make instant consumer acceptance a global reality.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$6.90M

Instnt has raised a total of $6.90M in funding over 2 rounds. Their latest funding was raised on Dec 28, 2020 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 28, 2020	Seed	—	1	—	—	Detail
Dec 15, 2020	Series A	$4M	5	ValueStream Ventures	—	Detail
Jan 24, 2020	Seed	$2.90M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

8

Instnt is funded by 8 investors. ValueStream Ventures and Pierre Antoine Dusoulier are the most recent investors.

Investor Name	Lead Investor	Funding Round
ValueStream Ventures	Yes	Series A
Pierre Antoine Dusoulier	—	Seed
Charge Ventures	—	Series A
Fantail Ventures	—	Series A
Revel Ventures	—	Series A
Third Prime	—	Series A
Atypical Ventures	—	Seed
Revel Partners	—	Seed