Surety bonds are financial guarantees that businesses must purchase to comply with government regulations. For example, all contractors must have a surety bond to bid and work on federal construction projects.
SuretyNow is a Y Combinator company in the Winter 2024 batch. Its directory entry describes it as: The Modern Surety Bond Platform. The founders listed are Bruce Chi (Founder/CEO), Jay Xiao (Founder/President) (Y Combinator directory entry, January 31, 2024).
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New accelerator entry · 2024-01-31 · the record
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Surety bonds are financial guarantees that businesses must purchase to comply with government regulations. For example, all contractors must have a surety bond to bid and work on federal construction projects. It is a $8b opportunity in the US. SuretyNow is building the surety bond platform for the 21st century. Businesses can apply for bonds and receive affordable quotes online in minutes. We offer the fastest and simplest online experience for getting surety bonds.
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Example from a real report (our sample on Target): “The Q2 2026 earnings report, published August 19, 2026, showed adjusted EPS of $2.46 against an expected $2.33” Source: CNBC
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