About Poncho Insurance
Poncho Insurance is a Financial Services company based in Boston (United States) founded in 2015, and was acquired by Rogers & Gray in January 2017. Personal insurance buying and ownership are simplified online. The company was acqui-hired. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Diversified. Its competitors include Insurify, NerdWallet and The Zebra; 3 of its 3 listed competitors have raised funding.
Company details
Poncho Insurance was founded in 2015 in Boston, United States, within the insurance sector. An online platform is operated to streamline the purchase and management of personal insurance policies. Technology is integrated with human brokers to identify appropriate coverage options. As of March 2016, the company was maintained in stealth mode, focusing on core platform development.
- Headquarters Boston, United States
- Stage Acquired
- SectorsFinancial Services
- Website yourponcho.com
- Social LinkedIn
- Acquired by Rogers & Gray (Jan 2017)
- InvestorsFJ Labs
& 1 more
- Acquired byRogers & Gray
(Jan 2017)
Funding Insights of Poncho Insurance
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Poncho Insurance 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 |
|---|---|---|---|---|---|
| Jun 2015 | Seed | β | β |
2 investors in total: 2 institutional.
Investors in Poncho Insurance
Poncho Insurance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include FJ Labs and Rogers & Gray.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Insurance brokerage services are provided for commercial and personal clients. | 1906 | rogersgray.com | Dennis, United States |
Investor details for Poncho Insurance
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.
Timeline of Poncho Insurance
3 dated milestones of Poncho Insurance across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Poncho Insurance is founded.
- Funding First funding round.
- Exit Acquired by Rogers & Gray.
Competitors of Poncho Insurance
Poncho Insurance has 3 listed competitors in our database, 3 of them funded. They include Insurify, NerdWallet and The Zebra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| insurify.com | 2013 | Cambridge, United States | $154.13M | 67 | Car insurance quotes are compared via an online platform. | |
| nerdwallet.com | 2009 | San Francisco, United States | $123.3M | App-based comparison platform for financial products | ||
| thezebra.com | 2012 | Austin, United States | $261.5M | 367 | An online platform for comparing insurance quotes is operated. |
Detailed competitors of Poncho Insurance
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.
Top companies in Insurance Providers
3 companies that operate in the same segment as Poncho Insurance (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Frequently Asked Questions about Poncho Insurance
Poncho Insurance was founded in 2015.
Poncho Insurance is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Poncho Insurance was founded in 2015 in Boston, United States, within the insurance sector. An online platform is operated to streamline the purchase and management of personal insurance policies. Technology is integrated with human brokers to identify appropriate coverage options. As of March 2016, the company was maintained in stealth mode, focusing on core platform development.
Poncho Insurance's top competitors include NerdWallet, Insurify and The Zebra.
Poncho Insurance has 2 investors. Key investors include FJ Labs, and Rogers & Gray.
Yes. Poncho Insurance was acquired by Rogers & Gray in January 2017.
