Trinity Capital Inc. Provides $35 Million in Growth Capital to INSHUR as the On-Demand Economy Booms

Rhea-AI Summary

Trinity Capital (NASDAQ: TRIN) has committed $35 million in growth capital to INSHUR, a leading provider of insurance solutions for the on-demand economy. INSHUR, which has achieved a milestone of over 1 million policies sold in the U.K., specializes in commercial insurance for mobility drivers, fleet operators, and delivery platforms.

The company has demonstrated strong performance with a >50% CAGR since 2023. The funding will support INSHUR's U.S. expansion, advance AI technologies for underwriting and real-time pricing, develop solutions for autonomous vehicles, and expand partnerships in the on-demand service sector.

Positive

• Significant growth capital injection of $35 million to fuel expansion
• Strong >50% CAGR since 2023 demonstrates robust business growth
• Milestone achievement of over 1 million policies sold in U.K. market
• Clear path to profitability indicated by management

Negative

• Capital raise through debt could increase financial obligations
• Expansion into autonomous vehicles market presents execution risks

PHOENIX, July 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $35 million in growth capital to INSHUR, a leader in innovative insurance solutions for the on-demand economy.

Operating globally, INSHUR provides commercial insurance for on-demand mobility drivers, fleet operators, and delivery platforms across the mobility and delivery sectors. The company recently surpassed 1 million policies sold in the U.K., one of its core markets. Its platform offers a personalized suite of tech-enabled insurance products, providing flexible coverage and protection that adapts to the distinct needs of on-demand drivers.

"INSHUR understands the unique challenges of drivers across the on-demand economy and is delivering tailored insurance solutions designed to specifically meet those needs," said Jack McNamara, Director of Tech Lending at Trinity Capital. "We are excited to partner with their team as they continue to scale operations and deliver accessible coverage to drivers around the world."

This capital will help grow INSHUR's continued expansion across the U.S., advance its research into AI technologies for underwriting and real-time pricing, develop new solutions for the autonomous vehicle market, and expand partnerships with platforms offering on-demand services.

"With a consistent >50% CAGR since 2023, rapid international growth and a clear path to profitability, this raise helps INSHUR continue to cement its position as the leader in insurance solutions for the on-demand economy. Trinity Capital's support will enable us to accelerate our U.S. and global expansion, and to leverage our deep insurance and technology expertise to further develop our service offering into innovative and upcoming areas such as autonomous vehicles," said Dan Bratshpis, CEO and Co-founder of INSHUR.

Burch & Company, Inc., member FINRA/SIPC, through their registered investment banking agent associated with Edge OMC, served as a sole advisor to INSHUR in connection with the transaction.

About Trinity Capital Inc.
Trinity Capital Inc. (NASDAQ: TRIN) is an international alternative asset manager that seeks to deliver consistent returns for investors through access to private credit markets. Trinity Capital sources and structures investments in well-capitalized growth-oriented companies. With five distinct business verticals–Sponsor Finance, Equipment Finance, Tech Lending, Asset-Based Lending, and Life Sciences–Trinity Capital stands as a long-term trusted partner for innovative companies seeking tailored debt solutions. Headquartered in Phoenix, Arizona, Trinity Capital's dedicated team is strategically located across the United States and in London (UK). For more information on Trinity Capital, please visit trinitycapital.com and stay connected to the latest activity via LinkedIn and X (@trincapital).

About INSHUR
Multi award-winning INSHUR is the fastest-growing global leader in insurance solutions for the on-demand economy, making coverage fair and accessible for drivers and supporting the world's biggest platform and insurance partners.

Founded in 2016 and with offices in US, UK and Netherlands, INSHUR provides embedded insurance solutions and complementary technology integrations for digital platform providers such as Uber and Amazon. Thanks to its unrivaled underwriting capabilities and exceptional claims handling, INSHUR offers a personalized suite of products that protects the wellbeing of on demand livery and delivery drivers, providing flexible coverage and protection which adapts to the job – helping them stay on the road and keep earning.

As an Uber preferred driver insurance provider in certain European and North American markets, INSHUR is constantly adding to its growing list of platform partners who recognize and value INSHUR for its seamless integration abilities and smooth customer onboarding and relationship management. https://inshurgroup.com/

About Edge OMC
Edge OMC is a boutique investment bank that helps technology and lower mid-market companies raise $20–$250 million in growth capital. Acting as a "Capital Markets-as-a-Service" partner, Edge manages the full capital raise process, allowing CEOs and CFOs to focus on scaling their businesses. With deep expertise in capital markets and company-building, Edge delivers tailored advisory solutions that drive long-term value.

Certain Principals of Edge OMC are licensed investment banking agents, offering securities related services through Burch & Company, Inc., 4151 North Mulberry Drive, Suite 235, Kansas City, MO 64116, member FINRA SIPC.  Burch and Edge OMC are unaffiliated entities.

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SOURCE Trinity Capital Inc.

FAQ

What is the size of Trinity Capital's (TRIN) investment in INSHUR?

Trinity Capital committed $35 million in growth capital to INSHUR.

What is INSHUR's growth rate since 2023?

INSHUR has maintained a consistent growth rate of over 50% CAGR (Compound Annual Growth Rate) since 2023.

How many policies has INSHUR sold in the UK market?

INSHUR has surpassed 1 million policies sold in the United Kingdom market, one of its core markets.

How will INSHUR use Trinity Capital's (TRIN) investment?

The capital will fund U.S. expansion, AI technology development for underwriting and pricing, autonomous vehicle solutions, and expansion of on-demand service partnerships.

Who advised INSHUR on the Trinity Capital (TRIN) financing transaction?

Burch & Company, Inc., through their registered investment banking agent associated with Edge OMC, served as the sole advisor to INSHUR.