Embroker

Digital platform for business insurance solutions

San Francisco, California, United States

About Embroker

Embroker provides a modern insurance platform that simplifies the insurance process for businesses, particularly in the tech sector. It offers tailored products like Directors & Officers (D&O) insurance and Cyber Liability insurance, with a special "Startup Package" that helps new businesses secure necessary coverage quickly and affordably. By leveraging technology, Embroker delivers instant quotes and data-driven recommendations, enhancing transparency and trust. The company's goal is to transform the business insurance landscape by offering fast, cost-effective solutions tailored to the needs of tech companies and startups.

San Francisco, CaliforniaHeadquarters

2015Year Founded

$165.8MTotal Funding

SERIES_CCompany Stage

Fintech, Financial ServicesIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Work from Home Office Set-up Stipend

Paid Subscription for Wellable Wellness

Stock Options

401(k) Company Match

401(k) Retirement Plan

Employee Assistance Program

Pet Insurance

Long Term Disability

Flexible Spending Accounts

Sick Time

Paid Parental Leave

RRSP with Employer Match

Risks

Increased competition from digital insurance platforms may erode Embroker's market share.

Rapid technological advancements could outpace Embroker's integration capabilities.

Economic downturns might reduce insurance spending by startups and tech companies.

Differentiation

Embroker offers a unique 'Startup Package' for early-stage tech companies.

The ONE platform provides tailored insurance solutions for specific industries like consultants.

Embroker's digital-first approach ensures instant quotes and data-driven recommendations.

Upsides

Growing demand for cyber insurance boosts Embroker's market for cyber liability products.

Partnership with Everspan enhances digital integration and seamless insurance solutions.

Rebranding and website redesign improve user experience and transparency.

Funding

Total raised$165.75 M

Latest valuation$500.00 M

StageSERIES_C

SERIES C

5/31/2021

$100

$500.00 M

SERIES B

3/31/2019

$28

$140.00 M

SERIES A

4/30/2016

$12

$61.00 M

SEED

7/31/2015

$11.00 M