Tech Company Financing Transactions
The Zebra Funding Round
The Zebra, based in Austin, received $17 million in funding from Ballast Point Ventures, Daher Capital and Floodgate Fund.
Transaction Overview
Company Name
Announced On
1/26/2016
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Floodgate Fund (Michael Maples)
private investors (Mark Cuban)
Proceeds Purpose
The investment will propel the company's disruption of the massive U.S. car insurance industry and fortify its mission to empower informed consumer behavior. The Zebra plans to use the capital to enhance its product offering, strengthen partnerships with insurance carriers, and expand its quickly growing team. The company is hiring across engineering, business development, sales, and marketing.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1801 E 6th St. 200
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Website
Email Address
Overview
The Zebra simplifies car insurance by allowing drivers to anonymously compare dozens of insurance companies in real-time. Drivers begin seeing estimated quotes with as little as two pieces of information. Real-time updates provide a transparent shopping experience by giving consumers the ability to instantly see what affects their rates.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Keith Melnick
Chief Technical Officer
Meetesh Karia
Vice President
Ryan Hartman
Vice President
Claire Look
VP - Bus. Development
Jessica Scelzi
VP - Engineering
Manijeh Noori
VP - Finance
Brett Little
VP - Human Resources
Adrienne Rampaul
VP - Marketing
Josh Waldrum
VP - Product Management
Michael Grabowski
VP - Product Management
Martina Hahn
VP - Sales
Steve Beard
VP - Sales
Jeffrey Smith
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Next: 1/26/2016: Grovo venture capital transaction
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We do our best to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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