About Layr
Layr is a company based in Atlanta (United States) founded in 2016 by Phillip Naples. It operates as a SaaS (Software-as-a-Service) and InsurTech. Layr has raised $25.2 million across 5 funding rounds from investors including Lloyd’s, Flyover Capital and Hudson Structured Capital Management. Layr offers products and services including Layr Platform. Layr operates in a competitive market with competitors including Next Insurance, Marble, Gabi, Covered and Insureon, among others.
- Headquarter Atlanta, United States
- Founders Phillip Naples
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Layr Holdings, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25.2 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series B
Oct 24, 2023
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Investors
Lloyd’s
& 9 more
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Employee Count
Not available
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Products & Services of Layr
Layr offers a comprehensive portfolio of products and services, including Layr Platform.
Technology is provided for small commercial insurance management.
People of Layr
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Funding Insights of Layr
Layr has successfully raised a total of $25.2M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in October 2023. 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.
Investors in Layr
Layr has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Lloyd’s, Flyover Capital and Hudson Structured Capital Management.
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Stage-agnostic venture capital investments are focused on US sectors.
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Private equity firm focused on making investments in multiple sectors
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Early-stage US venture capital investments are made by Sandbox Industries.
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Investor details for Layr
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Investments & Acquisitions by Layr
Investment portfolio details for Layr
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Financial Statements - Layr
Detailed financials for Layr
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Layr Comparisons
Peer comparison for Layr
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Competitors of Layr
Layr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Next Insurance, Marble, Gabi, Covered and Insureon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online small business insurance policies are provided.
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Insurance quotes are compared via a reward-based platform for individuals.
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Online comparison of property and casualty insurance quotes is facilitated.
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Insurance comparison platform for home
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Online quotes for business property and casualty insurance are compared.
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Detailed competitors of Layr
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Latest news on Layr
Complete news archive for Layr
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Frequently Asked Questions about Layr
Layr was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Layr is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Mark Hara is the current CEO of Layr.
Layr is a funded company, having raised a total of $25.2M across 5 funding rounds to date.
Insurance technology solutions are provided by Layr to streamline small commercial insurance operations. Focus is placed on modernizing policyholder experiences and reducing operational drag for agencies. Support is offered through a scalable platform that enhances efficiency for brokers. The sector targeted includes property and casualty insurance, ensuring happier policyholders and profitable outcomes for brokerages.
Layr's top competitors include Next Insurance, Marble and Covered.
Layr offers Layr Platform.
Layr has 10 investors. Key investors include Lloyd’s, Flyover Capital, Hudson Structured Capital Management, Cota Capital, and The K Fund.