SALT Insure files Form D with the SEC
Grapevine-based SALT Insure filed its Form D with the SEC in connection to an equity round totaling $250,000.
Founded in 2018 by Box Insurance (that has been in business since 1920), the company initially offered home and auto insurance online. “At Salt Insurance we make buying home and auto insurance simple. Quick, online new school experience and expertise of an old school establishment. You probably don’t mind transferring risk if you know what it costs? At Salt Insure we strive to be completely transparent. Now you know what you’re on the hook for. And the rest? Well, rest assured we will take care of it for you. We appreciate that you’ve got some smarts because Salt can align your head, your heart and your wallet. As a bird builds its nest, we can build the best home and auto coverage with you.”
Today, the company has pivoted to offer agents a digital application to quote home and auto where they can share a branded URL with prospects and reduce the time it takes to quote.
“As insurance agents who have been selling since 1920, we understand the challenges of collecting data and we’ve worked hard to create SALT, an easy-to-use insurance digital application that saves you precious time and helps you close more deals.” Pricing starts at $99 a month.