Fundraising Fox
SageSure
Jersey City, US · Founded 2009 · 982 employees on LinkedIn · 1 known investors
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SageSure provides property insurance coverage tailored to regional markets, focusing on challenging or catastrophe-prone areas. It operates in the insurance industry, offering policies to homeowners and property owners.
Founders & leadership
SageSure was founded in 2009 by Terrence M. McLean.
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Terrence M. McLeanFounder · President & CEOTerrence McLean is co-founder and CEO of SageSure, a managing general underwriter providing property insurance in catastrophe-exposed markets. He brings 25+ years of experience in insurance, finance, and technology, including patents in risk rating and insurance quoting systems, and serves as co-chair of No Labels, a nonprofit organization.
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Jason JacobsChief Accounting Officer (CAO)He previously held roles as a financial services industry partner at Baker Tilly US and Global Head of Accounting Policy at AIG, with over 20 years of experience in accounting and financial services for insurance and banking organizations.
AD
Andrew DiLoretoManager
Board
DH
Dominic HoodManager
CS
Colin SmithManager
TJ
Timothy J. GraffManager
DP
David PirrungManager
PV
Paul VanderMarckManager
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Peter HearnManager
Investors · 1
Flexpoint Fordlisted by Flexpoint FordChicago
How we know: Flexpoint Ford's portfolio page · funding news · press coverage · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$350M disclosed across 4 rounds · 2022–2025
▶$70MraisedMay 2025 · 1 investors · InsuranceRule 506(b)
▶$70MraisedMay 2025 · 1 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- David PirrungDirector
- Terrence M. McLeanExecutive Officer, Director
- Dominic HoodDirector
- Colin SmithExecutive Officer, Director
- Paul VanderMarckDirector
- Timothy J. GraffDirector
- Peter HearnDirector
- Jason JacobsExecutive Officer
- Offering amount
- $70M
- Amount sold
- $70M
- First sale
- May 2025
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$240MraisedMay 2023 · 12 investors · InsuranceRule 506(b)
▶$240MraisedMay 2023 · 12 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Colin SmithExecutive Officer, Director
- Terrence M. McLeanExecutive Officer, Director
- Timothy J. GraffDirector
- David PirrungDirector
- Andrew DiLoretoDirector
- Dominic HoodDirector
- Jason JacobsExecutive Officer
- Offering amount
- $240M
- Amount sold
- $240M
- First sale
- May 2023
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$20MraisedApr 2022 · 1 investors · InsuranceRule 506(b)
▶$20MraisedApr 2022 · 1 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Colin SmithExecutive Officer
- Terrence McLeanExecutive Officer, Director
- Jason JacobsExecutive Officer
- Craig BissellExecutive Officer
- David PirrungDirector
- Offering amount
- $20M
- Amount sold
- $20M
- Finders' fees
- $225K
- Placement agents
- Tigerrisk Capital Markets & Advisory
- First sale
- Apr 2022
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$20MraisedApr 2022 · 11 investors · InsuranceRule 506(b)
▶$20MraisedApr 2022 · 11 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Terrence McLeanExecutive Officer, Director
- David PirrungDirector
- Colin SmithExecutive Officer
- Craig BissellExecutive Officer
- Jason JacobsExecutive Officer
- Offering amount
- $20M
- Amount sold
- $20M
- Finders' fees
- $225K
- Placement agents
- Tigerrisk Capital Markets & Advisory
- First sale
- Feb 2022
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does SageSure do?
- SageSure provides property insurance coverage tailored to regional markets, focusing on challenging or catastrophe-prone areas. It operates in the insurance industry, offering policies to homeowners and property owners.
- Who founded SageSure?
- SageSure was founded by Terrence M. McLean in 2009.
- Who are SageSure's investors?
- SageSure's investors include Flexpoint Ford.
- How much funding has SageSure raised?
- SageSure has disclosed $350M raised across 4 rounds.
- Where is SageSure headquartered?
- SageSure is headquartered in Jersey City, US.