Centinel

Always on guard for you

Chicago, United States · Founded 2024 · $135.5M raised

Headquarters
Chicago, Illinois
Employees
1–10
Founded
2024
Business Model
B2B2C
Total Funding
$135.5M
Last Round
$3.2M SeedMar 2024
Rounds
2

About

Centinel is a parametric insurtech startup providing claims-free coverage for hard-to-insure risks such as power outages. The platform monitors real-time risk databases and automatically triggers hassle-free payouts when qualifying events occur, eliminating the traditional claims process. Founded in 2024 and based in Chicago, Centinel distributes through independent insurance agencies and targets small and medium businesses.

Summary

Centinel is an Insurtech company based in Chicago, United States, founded in 2024. It has raised $135.5M in total across 2 rounds, most recently a $3.2M Seed round in Mar 2024.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Debt FinancingDebt FinancingFeb 2025
$60.0M

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Growth Equity through Debt Financing — per-round amounts, valuations, and who invested in each round.

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