About Rainbow
Rainbow is a company based in San Francisco (United States) founded in 2021 by Shalom Yiblet, Bobby Touran, and Jamie Hankinson. Rainbow has raised $36.97 million across 3 funding rounds from investors including Arch Capital Group, Zigg Capital and Caffeinated Capital. Rainbow offers products and services including BOP Insurance, Excess Coverage, and Rainbow Rewards. Rainbow operates in a competitive market with competitors including Trellis, Belay, Centinel, Rainvow and MBA Insurance, among others.
- Headquarter San Francisco, United States
- Founders Shalom Yiblet, Bobby Touran, Jamie Hankinson
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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 Rainbow Mga Insurance Agency, 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
$36.97 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Jan 15, 2025
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Investors
Arch Capital Group
& 6 more
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Employee Count
Not available
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Products & Services of Rainbow
Rainbow offers a comprehensive portfolio of products and services, including BOP Insurance, Excess Coverage, and Rainbow Rewards.
Policy covering property and liability for small businesses
Additional protection for high-risk business operations
Rewards program for safe business practices and premiums
People of Rainbow
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Funding Insights of Rainbow
Rainbow has successfully raised a total of $36.97M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in January 2025. 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 Rainbow
Rainbow has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Arch Capital Group, Zigg Capital and Caffeinated Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on multiple sectors
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A venture firm based in San Francisco and New York, investments are made in technology companies.
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Altai Ventures is engaged in venture capital investments.
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Investor details for Rainbow
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Investments & Acquisitions by Rainbow
Investment portfolio details for Rainbow
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- Portfolio identities
- Transaction dates
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Financial Statements - Rainbow
Detailed financials for Rainbow
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- Profit trends
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Rainbow Comparisons
Peer comparison for Rainbow
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Rainbow
Rainbow 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 Trellis, Belay, Centinel, Rainvow and MBA Insurance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for property and casualty insurance products is operated.
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Provider of insurance for publicly traded US stocks
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Customizable claims-free coverage is provided for hard-to-insure risks.
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Provides a smart contracts platform for insurance solutions.
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Offers insurance solutions for vehicle rentals like RVs and powersports.
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Detailed competitors of Rainbow
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Latest news on Rainbow
Complete news archive for Rainbow
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Rainbow
Rainbow was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Rainbow is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Bobby Touran is the current CEO of Rainbow. They have also founded this company.
Rainbow is a funded company, having raised a total of $36.97M across 3 funding rounds to date.
Rainbow was founded in 2021 and is headquartered in San Francisco, United States. Operations focus on the insurance sector, specifically providing property and casualty coverage tailored to the food service industry. Services include pay-as-you-go policies, loss control surveys, and connections to advisors. Coverages encompass property, equipment breakdown, general liability, and additional options designed for restaurant operations.
Rainbow offers BOP Insurance, Excess Coverage, and Rainbow Rewards.
Rainbow has 7 investors. Key investors include Arch Capital Group, Zigg Capital, Caffeinated Capital, Altai Ventures, and 8VC.