Trustco
1 Sarnowski Drive, Glenville, NY, 12302, United States
Overview
The mission of Trustco Bank is to be the low cost provider of high quality services to our customers in the communities we serve and return to our owners an above average return on their investment. To learn more, click on the links below.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Banking
- Commercial
- Financial Services
Investment portfolio
- Wunderite
Participated · Seed · Apr 2021
Wunderite offers an annual subscription platform that captures and centralizes customer data to streamline the sales, application and underwriting process for independent Property & Casualty insurance agents. The mobile-enabled product delivers an intuitive agent and customer workflow to shorten application and approval cycles and improve the customer experience. The company integrates with industry software such as Verafore and Applied and partners with broker trade groups including InCite Performance Group and Beyond Insurance. Wunderite was founded by insurance industry veterans Peter MacDonald and Joe Schnare and was developed to address antiquated processes and data security concerns. Headquartered in Boston, MA, the company is part of several innovation groups and accelerators and has been featured in industry publications. With the new capital the company plans to accelerate product development, expand distribution to agencies nationwide, and double its team in the next 12 months.
Team
Robert McCormick
President & CEO