Branch Valuation, Funding & Investors

Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. It operates in two business segments: The subscription business segment generates revenue majorly from subscription fees related to the company's direct-to-consumer products and Other business segment is comprised of revenue from other product offerings that generally have a business-to-business relationship and a different margin profile than subscription business segment, including revenue from writing policies on behalf of third parties and revenue from other products and software solutions. Geographically, the company operates in United States, which derives maximum revenue; and Canada and Others.

Acko is a Bengaluru-headquartered digital insurer offering motor policies for cars and two-wheelers, health plans covering 40 conditions without waiting periods, and group coverage for corporate employees. Its app enables instant policy issuance, paperless claims processed in 30 minutes at 10,000 garages, and embedded products via partnerships with Ola, Uber, MakeMyTrip, and Amazon. Launched in 2016, Acko serves customers across 1,500 cities in India with telemedicine consultations and wellness tracking features.

Clearcover is a Chicago-based digital auto insurer founded in 2016 by Kyle Nakatsuji and Derek Brigham, former American Family Insurance employees. The company sells online auto insurance built around fast claims processing, transparent pricing, and an app-based customer experience, and has since added embedded insurance partnerships and AI-driven claims automation. Clearcover has also developed its own reciprocal insurance entity to expand into non-standard auto risks beyond its core direct-to-consumer product.

Sidecar Health is a San Francisco-headquartered health insurer that delivers plans without provider networks, prior authorizations, or referrals. Members access any doctor nationwide and pay via a dedicated Visa card, retaining half of savings if spending falls below their annual allowance. The company operates in California, Texas, and Oklahoma, displaying coverage details upfront to encourage cost-aware decisions. Sidecar Health reports fewer than 1% denied clinical claims, prioritizing member control over traditional insurer gatekeeping.

Ladder is a Palo Alto-headquartered digital life insurance provider offering term policies up to $8 million across all 50 U.S. states. Founded in 2015, the company delivers fully online quotes, applications, and policy management through real-time underwriting powered by machine learning. Ladder provides adjustable coverage from $100,000 to $3 million instantly for eligible applicants aged 20 to 60. Its no-exam process and monthly pricing model cater to tech-savvy consumers seeking flexible, commission-free insurance without agents.

Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others. It has three reportable segments Services segment earns fees and commission income without assuming underwriting risk or need for reinsurance, Insurance-as-a-Service managed through the company’s subsidiary Spinnaker is a platform to support third-party MGAs, and the Hippo Home Insurance Program engaged in homeowners insurance business. It generates the majority of its revenue from the Insurance-as-a-Service segment.

YuLife is a London-headquartered insurance company founded in 2016 that gamifies employee benefits with rewards for healthy behaviors. Backed by investors including Creandum, MMC Ventures, Notion Capital, LocalGlobe, and Anthemis Exponential Ventures, it operates in the UK and Europe focusing on wellness-integrated financial protection.

Wesure Global Tech Ltd is a real internet community insurance company in Israel. It is involved in the home, property, and compulsory car insurance industries.

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It generates revenue from the sales of auto insurance policies within the United States.

Ominimo is a Serbian-Hungarian insurtech, founded in 2024, that uses artificial intelligence and big data analytics to price and underwrite motor insurance with more precise risk assessment than traditional insurers. Having launched first in Hungary, where it sold 300,000 policies and captured a 7% market share while reaching profitability, the company acts as a managing general agent for Zurich Insurance Group, which underwrites its policies in new markets. Ominimo is expanding across Central and Southeastern Europe and plans to enter additional markets, including Poland, Sweden, the Netherlands, and eventually the US.

Marshmallow is a UK-based insurtech, founded in 2017 by twin brothers Oliver and Alexander Kent-Braham together with David Goaté, that sells car and van insurance to migrants and other drivers who are often overlooked by mainstream insurers because they lack UK credit history or driving records. The company uses technology, data, and AI to price risk and process claims, and does not charge customers for mid-policy changes. Marshmallow now insures more than 1 million drivers and has become one of the UK's largest fintech companies.

Lassie is a Stockholm-headquartered digital pet insurance provider launched in 2020 for dogs and cats in Sweden. Policyholders access coverage for accidents, illnesses, and chronic conditions via a mobile app handling claims with photo uploads and payouts within 24 hours. Plans cover veterinary fees up to SEK 120,000 annually, preventive care like vaccinations, and rehab therapies, underwritten by partnered insurers.

Cowbell is a San Francisco Bay Area-based provider of adaptive cyber insurance for small and medium-sized enterprises. Launched in 2019, it uses AI-driven underwriting via Cowbell Factors to assess risks and issue policies across 50 US states, the District of Columbia, and the United Kingdom. Backed by global reinsurance partners, the platform offers continuous monitoring and rapid policy issuance.

Root Insurance is a Columbus, Ohio-headquartered insurtech that delivers auto and renters coverage through a mobile app assessing driving behavior via smartphone telemetry. Policies adjust premiums based on metrics like hard braking events, acceleration patterns, and nighttime driving frequency. The company underwrites in 34 U.S. states and partners with Progressive for reinsurance. Launched in 2015, Root Insurance expanded to pet insurance in 2023.

wefox is a Berlin-headquartered insurtech platform that links insurers, brokers, businesses, and customers across Europe for digital policies in health, liability, and disability lines. Operating in Germany, Italy, Poland, and Switzerland, it provides policy management, claims processing, and instant quotes through a broker-focused model. The company serves over 700,000 customers via its app and web interface.

Exzeo Group Inc provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Its Insurance-as-a-Service (IaaS) platform, which it refers to as the Exzeo Platform, currently includes nine configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain. Through the Exzeo Platform, the company provides technology-based solutions and services for all operational and administrative activities and functions needed by P&C insurance carriers and their agents.