The Zebra joined the Unicorn Club on April 12, 2021, after raising a $150 million Series D funding round led by Hedosophia, valuing the company at $1 billion. Headquartered in Austin, Texas, United States, The Zebra operates an online insurance comparison platform that lets users compare real-time quotes for auto, home, renters, and life insurance.
The platform simplifies insurance shopping by aggregating rates from top insurers, offering a transparent view of coverage options, and enabling users to make informed financial decisions.
Keep reading to learn how The Zebra built a $1B insurance comparison business.
What Is The Zebra and What Does It Do?
Founded in 2012, The Zebra helps users find and compare insurance options across major carriers. Its platform provides tools for quote comparison, coverage analysis, and education, along with an insurance calculator to estimate premiums.
By partnering with over 100 insurers, The Zebra has positioned itself as a trusted hub for digital insurance comparison and consumer education, empowering users to understand their policies and save money.
How Much Funding Has The Zebra Raised?
1. Series D Round (Unicorn Round)
- Amount Raised: $150 million
- Date: April 12, 2021
- Valuation: $1 billion
- Lead Investor: Hedosophia
- Purpose: Accelerate product development, expand into new insurance categories, and enhance comparison technology
Total Funding Raised: ~$262 million
Latest Funding Date: April 12, 2021
Latest Known Valuation: ~$1 billion
Employee Count: 367 (as of December 31, 2022)
Key Investors
1. Hedosophia
- Details: Global investment firm known for backing disruptive technology platforms with scalable consumer reach.
- Focus Areas: FinTech, InsurTech, and digital marketplaces.
2. EQUIAM
- Details: Investment firm specializing in private technology companies with proven growth trajectories.
- Focus Areas: AI, InsurTech, and data-driven consumer platforms.
3. Weatherford Capital
- Details: Private investment firm supporting innovative growth-stage businesses across technology and financial services.
- Focus Areas: Financial technology, insurance innovation, and online marketplaces.
Where Is The Zebra’s Headquarters?
The Zebra is headquartered in Austin, Texas, United States, serving insurance seekers across North America through its web-based and mobile platforms.
What’s Next for The Zebra?
The Zebra plans to expand beyond comparison tools into full-service insurance management. The company aims to use data intelligence and automation to simplify renewals, optimize pricing, and improve policy transparency for millions of customers.
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