Instnt was founded by Sunil Madhu in 2019.

Who are Instnt's investors?

Instnt's investors include Cohen Circle, Colle Capital Partners, Fantail Ventures, MS&AD Ventures, Plug and Play Ventures, Third Prime, Valuestream Ventures.

How much funding has Instnt raised?

Instnt has disclosed $7M raised across 1 round.

Where is Instnt headquartered?

Instnt is headquartered in New York, US.

Instnt

New York, US · Founded 2019 · 7 known investors

Find your way into Instnt

Paths you didn't know you had: your email and LinkedIn already hold routes to the Instnt team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Instnt offers identity fraud loss insurance that transfers identity-fraud liability from a company's balance sheet to global insurers, using AI to underwrite residual fraud-loss risk at account approval. It serves financial institutions and businesses running digital onboarding, integrating alongside existing fraud-detection stacks and reimbursing covered claims within 30 days.

AI & Machine Learning Fintech InsurTech

Founders & leadership

Instnt was founded in 2019 by Sunil Madhu.

Sunil Madhu Founder and CEOHe has over 30 years of experience in software product development and led technical teams at companies including Socure.

Justin Kamerman Chief Product OfficerChief Product Officer at Instnt. Previously built enterprise AI/ML systems across telecommunications, digital identity verification, and fraud detection at Socure, Salesforce, Alcatel-Lucent, and Bell Canada; holds patents in computer vision and collaborative filtering.

Amy Penn Senior Vice President of SalesAmy Penn is Senior Vice President of Sales at Instnt, bringing progressive experience in sales leadership across cloud, AI/ML, and big data solutions platforms.

Laura Pinto SVP, PeopleLaura Pinto leads people operations at Instnt, an identity fraud insurance platform. She has held leadership roles scaling multiple startups from early to late-stage, with experience building organizational systems, managing restructuring and M&A integrations, and leading teams of 250 to 1,000 employees.

Lukas Osborne, PhD Head of Data Science & Machine LearningOsborne holds a PhD and previously led the machine learning platform at Socure, where he worked on identity verification and fraud detection systems. He has published research in quantitative biophysics and holds a patent in ML-based fraud detection.

KARL ANTLENamed on SEC filing

Investors · 7

Cohen Circlelisted by Cohen CircleNew York

Colle Capital Partnerslisted by Colle Capital PartnersNew York · $500K – $2M

How we know: Colle Capital Partners's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Fantail Ventureslisted by Fantail Ventures

How we know: Fantail Ventures's portfolio page · Not right? Tell us

MS&AD Ventureslisted by MS&AD VenturesMenlo Park · $500K – $3M

How we know: MS&AD Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Plug and Play Ventureslisted by Plug and Play VenturesSilicon Valley · $50K – $400K

How we know: plugandplaytechcenter.com · Not right? Tell us

Third Primelisted by Third PrimeNew York · $500K – $2M

How we know: Third Prime's portfolio page · the VCSheet dataset · Not right? Tell us

Valuestream Ventureslisted by Valuestream VenturesMiami · $250K – $10M

How we know: Valuestream Ventures's portfolio page · a partner's Signal profile · board seat on SEC Form D · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$7M disclosed across 1 round · 2020

▶$7MraisedJan 2021 · 21 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

SUNIL MADHUExecutive Officer, Director
KARL ANTLEDirector

Offering amount: $7M
Amount sold: $7M
First sale: Dec 2020
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Instnt do?: Instnt offers identity fraud loss insurance that transfers identity-fraud liability from a company's balance sheet to global insurers, using AI to underwrite residual fraud-loss risk at account approval. It serves financial institutions and businesses running digital onboarding, integrating alongside existing fraud-detection stacks and reimbursing covered claims within 30 days.
Who founded Instnt?: Instnt was founded by Sunil Madhu in 2019.
Who are Instnt's investors?: Instnt's investors include Cohen Circle, Colle Capital Partners, Fantail Ventures, MS&AD Ventures, Plug and Play Ventures, Third Prime, Valuestream Ventures.
How much funding has Instnt raised?: Instnt has disclosed $7M raised across 1 round.
Where is Instnt headquartered?: Instnt is headquartered in New York, US.