Branch
Founded Year
2019Stage
Angel | AliveTotal Raised
$221.47MLast Raised
$420K | 1 yr agoAbout Branch
Branch is home and auto insurance that's simple to buy and built for savings. Branch removes all of the friction associated with getting covered, helping consumers bundle their home and auto with ease. Built as a reciprocal exchange, the Branch Insurance Exchange taps into the power of community to make insurance more accessible and affordable for everyone. Branch was founded in 2019 and is based in Columbus, Ohio.
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Research containing Branch
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Branch in 3 CB Insights research briefs, most recently on Jun 15, 2022.
Jun 15, 2022 report
Insurtech 50: The most promising insurtech startups of 2022
Expert Collections containing Branch
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Branch is included in 6 Expert Collections, including Real Estate Tech.
Real Estate Tech
2,392 items
Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et
Unicorns- Billion Dollar Startups
1,208 items
Insurtech
3,891 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
7,974 items
US-based companies
Insurtech 50
50 items
Fintech 250
249 items
CB Insights' annual list of the 250 most promising private fintech companies in the world. FTX was removed after declaring bankruptcy on 11/11/2022.
Latest Branch News
Feb 23, 2023
| Insurance Business America Branch Insurance has announced that it has launched operations in Washington, D.C., Georgia, Massachusetts and Mississippi. Branch is an insurtech firm that allows customers to instantly bundle home and auto insurance, saving its members an average of $548 annually. It allows customers to bundle home and auto entirely online, enabling Branch to embed its insurance with mortgage companies, auto lenders and home security companies. “National availability will allow Branch to forge more embedded partnerships and appoint new independent agencies across the country,” said Steve Lekas , co-founder and CEO of Branch. “We’re committed to offering Branch’s seamless experience when and where consumers are shopping: online, when they get a home loan, or with their trusted agent.”
Branch Frequently Asked Questions (FAQ)
When was Branch founded?
Branch was founded in 2019.
Where is Branch's headquarters?
Branch's headquarters is located at 20 E Broad Street, Columbus.
What is Branch's latest funding round?
Branch's latest funding round is Angel.
How much did Branch raise?
Branch raised a total of $221.47M.
Who are the investors of Branch?
Investors of Branch include Gaingels, American Family Ventures, Greycroft, SignalFire, Acrew Capital and 13 more.
Who are Branch's competitors?
Competitors of Branch include Hippo and 5 more.
Compare Branch to Competitors
Openly is a homeowner insurance platform. It offers home insurance coverage to consumers through independent agents. It was founded in 2017 and is based in Boston, Massachusetts.
Branch, formerly Roundtable Media, aims to offer meaningful conversations through online discussions. As per the company, Branch enables a smart new brand of public discourse. Curated groups of people are invited to engage around issues in which they are knowledgeable. This service holds the promise of a new platform for dialogue on the web, a necessary departure from the monologues we have grown so accustomed to reading online. The company's Potluck (www.potluck.it) iPhone app has bite-sized facts made for iPhones and a place to talk about them with friends.
Amwins (American Wholesale Insurance Group) is a wholesale distributor of specialty insurance products and services with expertise across a diversified mix of property, casualty, and group benefits products. Amwins also offers value-added services to support some of these products, including product development, underwriting, premium and claims administration, and actuarial services. Amwins operates in four divisions: Brokerage, Underwriting, Group Benefits, and International.
State Farm Insurance is an insurance company. It provides insurance for cars, motorcycles, boats, commercial automobiles, and more. The company also provides life, health, and disability insurance. Additionally, it offers banking and investment services such as brokerage. The company was founded in 1922 and is based in Bloomington, Illinois.
Obie provides insurance solutions. The company specializes in providing rental property and real estate insurance products and services for landowners and real estate investors. It was founded in 2017 and is based in Chicago, Illinois.
Swyfft uses patented analytical methods and unique data sources to more accurately assess the risks to users home and property. In most cases, this enables Swyfft to provide a premium quote in a few seconds using just an address, and it can usually offer a lower premium, too.
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