Castle offers a unified spend management platform that helps startups and funds control both insurance and software expenses. The service automates renewal processes, benchmarks premiums against peers, and provides exclusive enterprise discounts—such as 15% off AWS and 20‑50% off other SaaS tools—enabling customers to save time and reduce costs, with the platform currently managing over $200 million in spend and delivering up to 63% insurance savings.
Funding
Funding not disclosed
Founders
Product
Problem
Startups and venture funds often struggle to track and optimize spending on insurance policies and SaaS subscriptions, leading to missed renewal deadlines, overpaying for coverage, and paying full price for software licenses.
Solution
Castle offers a single SaaS platform that centralizes insurance and software subscription management. The service benchmarks insurance premiums against industry peers and automates renewal workflows, reducing manual effort and preventing lapses in coverage. For software spend, Castle provides access to exclusive enterprise discount rates and audits license usage to eliminate waste. All spend data is consolidated in a dashboard that enables finance teams to monitor costs, forecast renewals, and realize savings without negotiating each vendor individually. The platform’s analytics generate personalized savings estimates, helping companies make data‑driven decisions about coverage and subscriptions.
Target Audience
Castle is designed for finance and operations teams at early‑stage startups and venture‑backed funds that need to manage insurance coverage and SaaS subscriptions efficiently.
Features
- Peer‑benchmarking tool that compares a company’s insurance premiums to similar organizations
- Automated renewal reminders and document collection for all covered policies
- Integrated marketplace of negotiated enterprise discounts for major SaaS providers (e.g., AWS, Google Cloud, Azure, 1Password)
- License and usage audit module that identifies under‑utilized software seats and suggests optimizations
- Centralized spend dashboard with real‑time visibility into insurance and software expenditures
- Savings calculator that produces personalized cost‑reduction reports based on company stage and spend profile