Boundless Rider raises $4.25 million

Boundless Rider has raised $4.25 million in new funding led by American Family Ventures, with participation from Belmont Capital, and Assurity Life. To date, the startup has raised $11 million.

Founded in 2022, the Massachusetts-based agency provides coverage to riders of motorcycles, e-bikes, ATVs, UTVs, and snowmobiles. Insurance is currently being offered in Arizona and Texas.

The startup is also partnering with Assurity Life to offer accidental death and dismemberment insurance to its policyholders.