Founded by Soton Sauerland
Sells a small business a membership that pays out automatically when the power goes out, with no claim to file and no adjuster to wait for.
A small business that loses power loses a day's takings and has no practical way to insure against it. Centinel's product, PowerProtect, pays on a measured outage rather than on a proven loss.
Small and medium businesses, sold direct and through independent agents and brokers.
It's parametric. In the company's words, payouts are triggered by measurable outages with no loss adjustment required, starting as low as $12.50 a month.
Contributions go into the fund that writes them. If Centinel exits one day, our share comes back to the fund and goes out again, which is what makes us an evergreen fund.
Fund accounting for nonprofits, so money restricted to a purpose is tracked to that purpose.
Finds the restaurant, books the table and pays the bill, and sends a cut of every transaction to local food banks.
One membership dashboard of classes, coaching, lender connections and software discounts for minority-owned businesses.
Updates on the founders we back and the work behind the checks.
