Tech Company Financing Transactions
Branch Insurance Funding Round
Branch Insurance, operating out of Columbus, received $24 million from Greycroft Partners, Hudson Structured Capital Management and American Family Ventures.
Transaction Overview
Company Name
Announced On
7/23/2020
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach nationwide.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
875 N High St.
Columbus, OH 43215
USA
Columbus, OH 43215
USA
Phone
Website
Email Address
Overview
Branch was founded in 2017 behind a simple idea: insurance has lost its way. If you went back to the 1800s, when home insurance first began to spread throughout the U.S., you'd see that insurance was a truly communal product. Farmers in communities all across the country put money aside to take care of one-another should disaster strike.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Lekas
Chief Technical Officer
Joseph Emison
VP - Marketing
Kimberly Klenk
VP - Operations
Kelly Fogarty
VP - Product Management
Donna Stalbaum
VP - Sales
Shannon Behrend
Browse more venture capital transactions:
Prev: 7/23/2020: Mercado Labs venture capital transaction
Next: 7/23/2020: Sotero venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs