Branch Financial

InsuranceSeries DColumbus, USourbranch.com

Latest round

Series D

Last raised

Oct 2024

Total raised

$265M

Investors

15

About Branch Financial

Branch Financial, Inc.Branch Financial, Inc. was founded in 2017 in Columbus, US. The company specializes in offering insurance solutions and has completed a total of 6 deals.Branch's primary offerings include home, auto, and umbrella insurance, designed to streamline the insurance purchasing process while providing significant savings to consumers. The company utilizes a user-friendly online platform where customers can quickly input their address and basic information to receive personalized quotes. This technology-driven approach allows Branch to aggregate data securely, ensuring customers receive efficient service and competitive pricing. The company's target market spans various geographical regions, including the United States, where they aim to cater to individuals and families seeking affordable insurance options.Branch generates revenue through direct-to-consumer transactions, primarily by offering tailored insurance policies to its clients. The company’s pricing structure is built on the principle of simplified bundling, allowing customers to combine home and auto insurance in a seamless process that takes as little as 30 seconds. Transactions occur when users complete the online quote process, leading to policy purchases after reviewing and customizing their coverage options. Branch's offerings emphasize significant savings, with many customers reporting substantial reductions in their insurance expenses compared to competitors.In October 2024, Branch Financial, Inc. The company is designing new insurance products aimed at improving customer experience and plans to enter additional markets across the United States by 2025.

Who invested in Branch Financial

15 investors across 5 rounds

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Funding rounds

  1. Series D

    Oct 25, 2024

    Amount

    $51M

    Investors

    Locked

  2. Series C

    Mar 1, 2022

    Amount

    $131M

    Investors

    Locked

  3. Series B

    Jun 9, 2021

    Amount

    $50M

    Investors

    Locked

  4. Series A

    Jul 22, 2020

    Amount

    $24M

    Investors

    Locked

  5. Seed

    Jan 1, 2018

    Amount

    $8.5M

    Investors

    Locked

Questions about Branch Financial

Who invested in Branch Financial?

Branch Financial has 15 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Branch Financial raised?

Branch Financial has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Branch Financial last raise money?

Branch Financial's most recent round on record is a Series D, in Oct 2024.

What does Branch Financial do?

Branch Financial is a insurance company.

Where is Branch Financial headquartered?

Branch Financial is headquartered in Columbus, US.

Which VCs invest in companies like Branch Financial?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Branch Financial's stage. Their profiles are linked below.

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