Carta partners with Vouch to automate insurance for startups

Author:

Reed McBride

Read time:

2 minutes

Published date:

11 June 2024

Vouch has built a new kind of insurance company—built by founders for founders. Now Carta and Vouch are partnering to benefit the founders on Carta and the startup ecosystem.

Contents:

1. Easier onboarding with pre-fills
2. Recommended coverage updates—an industry first

1) Easier onboarding with pre-fills

When a founder starts an insurance application with Vouch and authenticates using their Carta account, Vouch will pre-fill portions of the company’s application using the Carta API (see screenshot below). This makes Vouch’s onboarding process even more delightful and convenient, and founders who authenticate will receive an additional 5% discount off their coverage with Vouch.

2) Recommended coverage updates—an industry first

Starting later this year, if your startup is covered by Vouch, you’ll be able to use Vouch’s new integration with Carta to link your Carta account, keeping Vouch in the loop on key developments (such as a new round of financing) and enabling them to recommend an update to your coverage right when you need it. This will be an industry first, helping startups save time and preventing coverage gaps. For investors, this can close the risk gap between joining a board and ensuring the startup has the right D&O protection in place.

This is the way startup insurance should work in 2024—and with Carta and Vouch, it will.

Today marks the first steps in a journey for Carta and Vouch to modernize the insurance experience and provide tailored coverage that’s purpose-built for our ecosystem: insurance powered by real-time data from Carta’s platform. We have more work to do to unlock potential across VC fund coverage and Private Equity portfolios, and we’re excited to modernize those practices as well.

We’re thrilled to welcome Vouch to the Carta Developer Platform, and to work together with the Vouch team to help provide a little peace of mind for thousands of founders.

If you need to explore D&O or other types of coverage for your startup, click here to get started with Vouch today.

Author: Reed McBride

Reed McBride joined Carta in 2019 and is VP of Strategic Partnerships + Ecosystem at Carta, and an active early-stage investor. Reed started his career as a start-up attorney at Orrick, advising tech companies on billions of dollars of VC and M&A transactions. He then scaled two start-ups over five years, building new teams and leading a diverse range of functions. Reed holds a BS in Mechanical Engineering with Highest Honors from the University of Illinois and a JD from Berkeley Law, where he graduated Order of the Coif and served on the California Law Review. When he's not at work, you can usually find him on a trail with his three kids.

This publication contains general information only and eShares, Inc. dba Carta, Inc. (“Carta”) is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein.

Insurance services provided by Vouch Insurance Services, LLC or Vouch Specialty Insurance Services, LLC. Descriptions are general in nature only. Please refer to the terms and conditions of any policies offered or purchased. Insurance products offered are subject to application and underwriting requirements. Not all products available in all states. Pricing depends on a variety of factors including policyholder location. Not all discounts available in all states or on all products.