Noblr

San Francisco, United States Founded: 2016 • Age: 10 yrs Acquired By USAA
Usage-based car insurance platform for individuals
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About Noblr

Noblr is a company based in San Francisco (United States) founded in 2016 was acquired by USAA in June 2021.. Noblr has raised $35.03 million across 4 funding rounds from investors including USAA, White Mountains and Third Point Reinsurance. Noblr offers products and services including Pay as You Drive App and Auto Insurance Policies. Noblr operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Noblr, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35.03 M (USD)

    in 4 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Dec 09, 2020

  • Investors
    USAA

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    USAA

    (Jun 11, 2021)

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Products & Services of Noblr

Noblr offers a comprehensive portfolio of products and services, including Pay as You Drive App and Auto Insurance Policies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Mobile app tracks driving behavior to calculate personalized auto insurance rates

Provides variable-rate insurance based on safe driving and low mileage

People of Noblr
Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Matthew Muhr
Senior React Native Mobile Engineer
People
Philip Denton
Salesforce Administrator
People
Josh Perry
Insurance Operations Specialist
People
Kris Campana
Executive Director, Sales And Service

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Funding Insights of Noblr

Noblr has successfully raised a total of $35.03M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in December 2020. 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
  • Total Rounds 4
  • Last Round Series A — $5.0M
  • First Round

    (07 Jan 2019)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2020 Amount Series A - Noblr Valuation

investors

Apr, 2020 Amount Series A - Noblr Valuation

investors

Jun, 2019 Amount Series A - Noblr Valuation Hudson Structured
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Noblr

Noblr has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include USAA, White Mountains and Third Point Reinsurance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Financial service holding company with focus in P&C insurance
Founded Year Domain Location
Hudson Structured Capital Management is engaged in investment across insurance and transportation sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Noblr

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Noblr

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Noblr Comparisons

Employees
+
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Competitors of Noblr

Noblr 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 Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive insurance is delivered via an online platform.
domain founded_year HQ Location
Usage-based data monitoring solutions for the auto insurance industry
domain founded_year HQ Location
App that provides usage-based auto insurance platform for individuals
domain founded_year HQ Location
Telematics-based data & monitoring solutions for auto insurers and fleet owners
domain founded_year HQ Location
App-based auto insurance comparison is offered to individuals.
domain founded_year HQ Location
Vehicle data is monitored through plugin devices for usage-based insurance.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Noblr

Frequently Asked Questions about Noblr

When was Noblr founded?

Noblr was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Noblr located?

Noblr is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Noblr a funded company?

Noblr is a funded company, having raised a total of $35.03M across 4 funding rounds to date.

What does Noblr do?

Noblr was founded in 2016 in San Francisco, United States, as a platform in the car insurance sector. Driving data is shared by users through an iOS and Android app, enabling quotes based on driving scores. Coverage is provided for bodily injury, property damage, medical payments, collision, and roadside assistance. Operations focus on individual policyholders in the usage-based insurance model.

Who are the top competitors of Noblr?

Noblr's top competitors include Clearcover, Metromile and Sigo Insurance.

What products or services does Noblr offer?

Noblr offers Pay as You Drive App and Auto Insurance Policies.

Who are Noblr's investors?

Noblr has 4 investors. Key investors include USAA, White Mountains, Third Point Reinsurance, and Hudson Structured Capital Management.

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