Branch

company

About

Branch is an insurance company focused on instantly providing bundled home and auto insurance.

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 Weatherford Capital 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
Weatherford Capital 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
Executive
Executive
Employee
Executive