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Layr
company
About
Layr is an insurtech startup determined to help small businesses tackle commercial insurance on their terms.
- 11 - 50
Details
- Last Funding Type
- Series A
- Last Funding Money Raised
- $10M
- Industries
- Artificial Intelligence,Commercial Insurance,Financial Services,FinTech,Insurance,InsurTech,Internet
- Founded date
- Jan 1, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
We use AI and machine learning to match companies with the right commercial insurance, at the right price, through top-rated carriers. The application is 100% online with our team of expert brokers available to help with any questions along the way. We focus on cash-flow-friendly payment options (pay monthly instead of annually and use your credit card) and easy in-app policy updates. With Layr, check “Buy Business Insurance” off your list and get back to what you do best.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$15.62M
Layr has raised a total of
$15.62M
in funding over 2 rounds. Their latest funding was raised on
Mar 21, 2022 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 21, 2022 | Series A | $10M | 1 | — | — | Detail |
| Jul 1, 2020 | Seed | $5M | 1 | — | — | Detail |
| Jul 1, 2019 | Pre-seed | $625K | 1 |
Lloyd's Lab
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Layr is funded by 2 investors.
Partners Group
and Lloyd's Lab
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Partners Group
|
— | Series A |
|
Lloyd's Lab
|
— | Seed |
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