Embroker is a digitally-native business insurance company. Aiming to decrease the inefficiencies that lead to higher rates, Embroker leverages machine learning and AI to develop tailored plans for its clients, and offers pre-built plans tailored to their industry. Embroker was founded in 2015 by Matthew Miller and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/09/2021 | Series C | $100MM | $xx.xx | $461.63MM | Bee Partners, Canaan Partners, Ftv Capital, Gaingels, Hscm Bermuda, Massmutual Ventures, Tola Capital | |
Price per Share
$xx.xx
Shares Outstanding
13,165,748
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bee Partners, Canaan Partners, Ftv Capital, Gaingels, Hscm Bermuda, Massmutual Ventures, Tola Capital
|
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04/16/2019 | Series B | $26.16MM | $xx.xx | $110.39MM | Bee Partners, Canaan Partners, Manulife Capital Ventures, Nyca Partners, Tola Capital, Xl Innovate | |
Price per Share
$xx.xx
Shares Outstanding
10,549,702
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bee Partners, Canaan Partners, Manulife Capital Ventures, Nyca Partners, Tola Capital, Xl Innovate
|
||||||
02/28/2018 | Series A1 | $8.3MM | $xx.xx | $48.53MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
5,528,198
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
05/17/2016 | Series A | $8.25MM | $xx.xx | $30.06MM | 500 Startups, Bee Partners, Canaan Partners, Fintech Collective, Nyca Partners, Vertical Venture Partners, Xl Innovate | |
Price per Share
$xx.xx
Shares Outstanding
6,483,805
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Bee Partners, Canaan Partners, Fintech Collective, Nyca Partners, Vertical Venture Partners, Xl Innovate
|
||||||
08/05/2015 | Series Seed | $2.24MM | $xx.xx | $8.98MM | 500 Startups, Bee Partners, Clocktower Technology Ventures, Fintech Collective, Vertcal Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
4,146,363
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Bee Partners, Clocktower Technology Ventures, Fintech Collective, Vertcal Venture Partners
|