Total amount raised
$184.7 Millions
Latest funding date
02/01/2025
Location
Vouch has successfully raised multiple funding rounds, with the latest being a Series D round led by Allegis Capital. The company provides tailored insurance solutions for venture-backed startups, offering a range of coverages including AI Insurance, Business Property, and Cyber.
Keep reading to explore the intricacies of Vouch's fundraising journey and the investors backing this innovative platform.
What Is Vouch?
Vouch, founded in 2018 by Sam Hodges and Travis Hedge, is an insurance company based in San Francisco, California. The company specializes in providing business insurance solutions for high-growth companies through a tech-enabled platform.
Operating within the finance, financial services, insurance, and InsurTech industries, Vouch employs between 251-500 people. The company offers a range of coverages, including AI Insurance, Business Property, and Cyber, tailored specifically for venture-backed startups.
How Much Funding Has Vouch Raised?
- Seed Round
- Amount Raised: $225K
- Date: December 2018
- Lead Investors: Alumni Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart operations and develop the initial tech-enabled insurance platform.
- Seed Round
- Amount Raised: Undisclosed
- Date: August 2019
- Lead Investors: Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand the team.
- Series A
- Amount Raised: $24.5M
- Date: September 2019
- Lead Investors: Ribbit Capital, SVB Financial Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product offerings.
- Series B
- Amount Raised: $45M
- Date: November 2019
- Lead Investors: Y Combinator Continuity Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market reach and improve technology infrastructure.
- Series B
- Amount Raised: $30M
- Date: November 2020
- Lead Investors: Redpoint
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and enter new markets.
- Series C
- Amount Raised: $60M
- Date: September 2021
- Lead Investors: Ribbit Capital, SVB Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and expand customer base.
- Series C
- Amount Raised: $25M
- Date: March 2024
- Lead Investors: Ribbit Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support continued growth and innovation in insurance solutions.
- Series D
- Amount Raised: Undisclosed
- Date: February 2025
- Lead Investors: Allegis Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand insurance capabilities and integrate technology to address emerging risks.
Total Amount Raised: $209.725M
Current Valuation: Not publicly disclosed
Key Investors
- Allegis Capital
- Details: Allegis Capital is a venture capital firm that led the Series D funding round for Vouch. They focus on supporting growth and innovation in tailored insurance solutions for fast-scaling businesses.
- Investment Focus Areas: Not specified
- Notable Investments: Not specified
- Y Combinator
- Details: Y Combinator is a well-known startup accelerator that has invested in Vouch during its seed rounds. They have a history of backing high-growth companies and providing them with resources to scale.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Airbnb, Dropbox, Stripe
- Ribbit Capital
- Details: Ribbit Capital is a venture capital firm that has participated in multiple funding rounds for Vouch, including Series A and Series C. They specialize in investing in financial technology companies.
- Investment Focus Areas: Fintech, Insurance, Cryptocurrency
- Notable Investments: Robinhood, Coinbase, Credit Karma
- SVB Capital
- Details: SVB Capital is the investment arm of Silicon Valley Bank, which has invested in Vouch during its Series A and Series C rounds. They focus on providing financial services to high-growth companies.
- Investment Focus Areas: Technology, Life Sciences, Venture Capital
- Notable Investments: Not specified
- Redpoint
- Details: Redpoint is a venture capital firm that led the Series B funding round for Vouch. They are known for investing in early-stage technology companies.
- Investment Focus Areas: Technology, Consumer Internet, Enterprise
- Notable Investments: Netflix, Stripe, Twilio
What's Next for Vouch?
Vouch's recent acquisition of StartSure and the Series D funding led by Allegis Capital open up significant opportunities for the company. By integrating StartSure’s team and proprietary programs, Vouch can enhance its offerings for high-growth companies and small businesses, particularly those in flexible workspaces and inventory-heavy sectors. This strategic move positions Vouch to capture a larger market share and expand its customer base.
With the first close of the Series D funding round, Vouch is well-poised for future fundraising efforts. The additional capital will support continued growth and innovation, potentially leading to further acquisitions that can bolster Vouch’s capabilities and market reach. The insurtech industry’s trend towards tech-driven, streamlined insurance solutions aligns perfectly with Vouch’s mission, making it an attractive prospect for investors.
However, Vouch will face challenges in integrating StartSure’s operations and maintaining service quality during this period of rapid expansion. Competition from other tech-enabled insurance providers remains a significant hurdle. Despite these challenges, Vouch’s strategic initiatives and strong investor backing suggest a promising future for the company.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Vouch and gather other critical business insights. Sign up for free to start enhancing your sales strategies today.
