About Branch
Branch is a Financial Services company based in Columbus (United States) founded in 2017 by Steve Lekas and Joe Emison. Auto and home insurance solutions are provided by Branch. It operates on a Direct-to-Consumer (D2C) and Commission-Based model. Branch has raised $280.5 million across 8 funding rounds from investors including SCOR, Foundation Capital and Hudson Structured Capital Management. The company has 333 employees. Branch was last valued at $1.05 billion in October 2024. Its chief executive, as recorded, is Steve Lekas. Its website ourbranch.com draws about 39 thousand monthly visits. Branch offers products and services including Home Insurance, Auto Insurance, and Umbrella Insurance. Its focus areas include Insurance and Property and Casualty Insurance. Its legal entity is Branch Financial, Inc. Its competitors include Vouch, Pier and Bamboo Insurance; 3 of its 3 listed competitors have raised funding.
Company details
Branch is established as a provider of home, auto, and umbrella insurance, focusing on simplicity and savings for its members. Insurance solutions are offered through a streamlined digital process, enabling quick policy customization and purchase. The company operates in the financial services sector, specifically targeting property and casualty insurance. Partnerships with leading lending companies are maintained to enhance accessibility. Tools and community programs are provided to reward members as the community grows, ensuring affordability and ease of switching from other providers.
- Headquarters Columbus, United States
- Employees 333
- Founders Steve Lekas, Joe Emison
- Stage Unicorn
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website ourbranch.com
- Social LinkedIn X Facebook
- Legal Name Branch Financial, Inc.
- Total Equity Funding$280.5M (USD)
in 8 rounds
- Latest Funding Round$51M (USD), Series D
Oct 2024
- InvestorsSCOR
& 18 more
- Employee Count333
Products & Services of Branch
Branch offers a comprehensive portfolio of products and services, including Home Insurance, Auto Insurance, and Umbrella Insurance.
Home insurance is provided for property protection and coverage.
Auto insurance is offered for vehicle protection and liability.
Umbrella insurance is available for extra asset protection coverage.
Funding Insights of Branch
Branch has successfully raised a total of $280.5M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $51 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $280.5M
- Total Rounds 8
- Last Round Series D — $51M
- First Round $3.5M
(Jun 2018)
- Investors Count 19
All 8 funding rounds of Branch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $51M | Series D | – | American Family Ventures | – |
| Jun 2022 | $147M | Series C | $1.05B | Weatherford Capital | |
| Jun 2022 | $147M | Series C | – | – | |
| Oct 2021 | $25M | Series A | – | – | – |
| Jun 2021 | $50M | Series B | – | Anthemis Group | |
| Jul 2020 | $24M | Series A | – | Greycroft, Hudson Structured | |
| Jun 2019 | $5M | Series A | – | – | – |
| Jun 2018 | $3.5M | Seed | – | Greycroft | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $1.05B | •••••••• |
Full valuation and stage history of Branch
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.05B (Oct 2024). 19 investors in total: 19 institutional.
Investors in Branch
Branch has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include SCOR, Foundation Capital and Hudson Structured Capital Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors | amfamventures.com | Madison, United States | ||
VC and PE investments are provided by family office-backed firm. | weatherfordcapital.com | Tampa, United States | ||
Early-stage startups are funded by Acrew Capital venture firm. | acrewcapital.com | Palo Alto, United States | ||
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Venture capital investing with a focus on diversity and inclusion in the ecosystem. | gaingels.com | |||
Multiple sectors are targeted for venture capital investments by Greycroft. | greycroft.com | New York, United States | ||
HSCM Ventures is focused on venture investments in insurance technology. | hscmventures.com | New York, United States | ||
Seed and early-stage startups are funded by SignalFire. | signalfire.com | San Francisco, United States | ||
Early-stage investments in technology sectors are provided by Narya. | naryavc.com | Cincinnati, United States | ||
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States |
Investor details for Branch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Branch
61 people are tracked at Branch (19 in leadership, 42 in team); the tracked headcount is 333.
| Name | Role | Group |
|---|---|---|
Steve Lekas | Co-Founder & CEO | Leadership |
Joe Emison | Co-Founder & CTO | Leadership |
Paloma L. | Senior Director, Head Of HR Operations | Leadership |
Simon Roberts | Head Of Software Product & Design | Leadership |
Charlie Wendland | Head of Claims | Leadership |
Monica Green | Head of Talent Acquision | Leadership |
Steve Reffitt | VP, Head of Agency | Leadership |
Melanie Irvin | VP, Head of Legal & Government Affairs | Leadership |
Pratiksha Patel | Chief People Officer | Leadership |
DonnaMarie Stalbaum | VP, Head of Product Management | Leadership |
Dan Spiegel | Head of Marketing, Brand, & People | Leadership |
Kelly Fitzgerald | HR Business Partner | Leadership |
Ivan Herndon | Vp, Head Of Engineering | Leadership |
Ruth Deabold | Director, Claims Compliance & Operations | Leadership |
Carson Wilshire | Senior Director, Head Of Data Office | Leadership |
Ruth Foldesi | Director, Claims Compliance & Operations | Leadership |
Melissa Jackson | Associate Creative Director | Leadership |
Kristi Akerstrom Wilson | Director - Sales And Member Support | Leadership |
Arleen McDonald | Associate Director, Vendor & Customer Relations | Leadership |
Melissa Deaver | Senior Sales Agent II | Team |
41 more people are available in the full profile.
Complete people profiles for Branch
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Branch
4 dated milestones of Branch across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Branch is founded.
- Funding First funding round of $3.5M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series D, of $51.0M.
Competitors of Branch
Branch has 3 listed competitors in our database, 3 of them funded. They include Vouch, Pier and Bamboo Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vouch.us | 2018 | San Francisco, United States | $203M | Insurance solutions for early-stage and high-growth companies are provided by Vouch. | ||
| pier.digital | 2018 | United States | $50.51M | P&C insurance for individuals is provided via mobile app. | ||
| bambooinsurance.com | 2017 | Gold River, United States | $40.88M | 100 | Online comparison platform for property & casualty insurance |
Detailed competitors of Branch
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Branch
The website of Branch (ourbranch.com) receives about 39K visits a month and ranks #579,762 among all websites worldwide, #2,788 in Insurance.
- Monthly visits39K
▲ 0.7% vs previous month
- Unique visitors11.4K
per month
- Global rank#579,762
among all websites
- Category rank#2,788
Finance · Insurance
- Bounce rate38%
- Pages per visit5.3
- Average visit2 min 58 sec
- DevicesDesktop 64% · Mobile 36%
Websites whose visitors overlap most with Branch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
foragentsonly.com | foragentsonly.com | 100% | #18,718 | – | |
foremostagent.com | foremostagent.com | 87% | #147,246 | – | |
natgenagency.com | natgenagency.com | 82% | #54,330 | – | |
compare-cheap-insurance-quotes.com | compare-cheap-insurance-quotes.com | 73% | #84,778 | – | |
| branchapp.com | 70% | 233.7K | #138,438 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Branch
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Branch (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Branch
Complete news archive for Branch
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Branch
Branch was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Branch is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Steve Lekas is the CEO of Branch, as recorded in our data. They have also founded this company.
Branch is a funded company, having raised a total of $280.5M across 8 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Jun 2018.
Branch has 333 employees.
Branch is established as a provider of home, auto, and umbrella insurance, focusing on simplicity and savings for its members. Insurance solutions are offered through a streamlined digital process, enabling quick policy customization and purchase. The company operates in the financial services sector, specifically targeting property and casualty insurance. Partnerships with leading lending companies are maintained to enhance accessibility. Tools and community programs are provided to reward members as the community grows, ensuring affordability and ease of switching from other providers.
Branch's top competitors include Vouch, Pier and Bamboo Insurance.
Branch offers Home Insurance, Auto Insurance, and Umbrella Insurance.
Branch has 19 investors. Key investors include SCOR, Foundation Capital, Hudson Structured Capital Management, Anthemis Group, and American Family Ventures.
The valuation of Branch is $1.05B as of Oct 2024.
Branch operates through Branch Financial, Inc..