HR at Stealth Mode Startup
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Cofounder - Fund Raising - InsureTech Startup (5-15 yrs)
We are an insuretech startup, currently in the fund-raising stage. We have completed the MVP in the Auto Insurance vertical (patent pending) and prototype of the Fraud Analytics tool. We intend to disrupt the other insurance verticals through the development of wearables for Health Insurance, sensors for Home Insurance, AI & ML in digital health and telemedicine, Microinsurance, and many others.
- We started the fundraising in Feb 2020 and few investors have shown interest in our startup, however things have been delayed due to ongoing global pandemic. We would again start the fund raising in June post the lockdown opens in India and COVID curve flattens at a global level.
- We are looking for a cofounder who can assist us in fundraising. The person needs to have strong marketing and communication skills and strong contacts with the global VC firm.
- Preference to the person who have experience in seed-stage startup fundraising in the fintech/insuretech/consumer internet space.
- Compensation would be purely in the form of equity stake, a low-to-mid single digit for a cofounder who joins full time/part-time and can go to high single-digit if cofounder can contribute his personal funds into the business.
- Salary after getting funding from the investors. Till then the Cofounder needs to manage on a self-financial support basis (expected 8-10 months).
- We would be fine to consider a cofounder who initially works with us on part-time basis (should be able to devote ~15-20 hrs/week) and post the funding can join us full time.