Branch
company
About
Branch is an insurance company focused on instantly providing bundled home and auto insurance.
- Columbus,Ohio,United States
- 251 - 500
- https://www.branch.com
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $147M
- Industries
- Auto Insurance,Insurance,InsurTech,Property Insurance
- Founded date
- Jan 1, 2017
- Number Of Employee
- 251 - 500
- Operating Status
- Active
- Legal Name
- Branch Financial, Inc.
- Also Known As
- Branch Insurance ,Branch Financial,Branch,Branch Insurance Exchange,Branch Financial, Inc.
Branch is a full-stack insurance company designed to make home and auto insurance simpler to buy and less expensive. Using data, technology, and automation, Branch created the world's first instant, online bundling capability which helps people save thousands of dollars a month in just minutes. Branch partners across the home and auto landscape, with companies like Rocket Mortgage and ADT, to embed insurance at the moments that matter, delivering greater convenience and better savings.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
5
$229.50M
Branch has raised a total of
$229.50M
in funding over 2 rounds. Their latest funding was raised on
Jun 8, 2022 from a Series C round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 8, 2022 | Series C | $147M | 11 |
|
— | Detail |
| Jun 9, 2021 | Series B | $50M | 10 |
Anthemis Group
|
— | Detail |
| Jul 22, 2020 | Series A | $24M | 9 |
Greycroft
HSCM Bermuda
|
— | Detail |
| Jun 1, 2019 | Convertable Note | — | 1 |
SCOR Ventures
|
— | Detail |
| Jan 1, 2018 | Seed | $8.50M | 1 |
Greycroft
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
6
19
Branch is funded by 19 investors.
Weatherford Capital
and Gaingels
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Series C |
Gaingels
|
— | Series C |
Acrew
|
— | Series C |
American Family Ventures
|
— | Series C |
|
Anthemis Group
|
— | Series C |
Flucas Ventures
|
— | Series C |
|
Greycroft
|
— | Series C |
HSCM Ventures
|
— | Series C |
Narya Capital
|
— | Series C |
SignalFire
|
— | Series C |
Employee Profiles
Number of Employee Profiles
5
Branch has 5 current employee profiles, including
Advisor Tolithia Kornweibel
Advisor
Executive
Executive
Employee
Executive
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