REIN

Chapel Hill, United States Founded: 2015 • Age: 11 yrs
Platform providing tools for launching insurance products in usage-based IoT verticals
Annual revenue - Latest available
Total funding $29.0M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About REIN

REIN is a company based in Chapel Hill (United States) founded in 2015 by Steve Rabbitt and Jason Griswold. REIN has raised $28.96 million across 5 funding rounds from investors including Plug and Play Tech Center, Volvo Financial Services and Liberty Mutual Insurance. REIN offers products and services including Embedded Insurance Widgets, Curated Partner Networks, and Intelligent Attribution Models. REIN operates in a competitive market with competitors including Innoveo, Zinnia, Montoux, Volante and Bambi Dynamic, among others.

  • Headquarter Chapel Hill, United States
  • Founders Steve Rabbitt, Jason Griswold
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Rein Connected Insurance Agency, Llc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.96 M (USD)

    in 5 rounds

  • Latest Funding Round
    $800 K (USD), Series B

    Mar 12, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of REIN

REIN offers a comprehensive portfolio of products and services, including Embedded Insurance Widgets, Curated Partner Networks, and Intelligent Attribution Models.

Product name locked
Category locked
Primary

Tools for digital quote-to-bind capabilities across channels.

Product name locked
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Evaluated networks for targeted insurance customer reach.

Product name locked
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Processes for channel profitability and strategy insights.

People of REIN

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Jay Klemanski
Head Of Growth
People
Steve Rabbitt
Co-Founder
People
Jason Griswold
CEO/ Co-Founder
People
Brandi Hagler, MBM
Head Of Partner Engagement

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Teams

Funding Insights of REIN

REIN has successfully raised a total of $28.96M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $800 thousand completed in March 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.

Investors in REIN

REIN has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Plug and Play Tech Center, Volvo Financial Services and Liberty Mutual Insurance.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startups are accelerated and invested in across multiple tech sectors.
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Early-stage venture investments are made in technology sectors by Kiplin Capital.
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Financial services are provided by Volvo Financial Services globally.
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Investor details for REIN

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by REIN

Investments
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Investment portfolio details for REIN

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - REIN

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Detailed financials for REIN

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Rein Comparisons

REIN Primary company
Description
Platform providing tools for launching insurance products in...
Location
Chapel Hill, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for REIN

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Competitors of REIN

REIN 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 Innoveo, Zinnia, Montoux, Volante and Bambi Dynamic, among others.

Company Name Domain Founded year HQ Location Description
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A no-code platform is offered for insurance product development.
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Technology platforms for life insurance and annuity products are provided.
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Life Insurance Pricing Application
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Cloud-based underwriting platform for insurance industry
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Online marketplace offering products in electronics, fashion, and more across regions.
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Detailed competitors of REIN

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  • Domains and locations
  • Full company profiles
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Latest news on Rein

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Complete news archive for REIN

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about REIN

REIN was founded in 2015 and raised its 1st funding round 3 years after it was founded.

REIN is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.

Steve Rabbitt is the current CEO of REIN. They have also founded this company.

REIN is a funded company, having raised a total of $28.96M across 5 funding rounds to date.

REIN is a data-driven platform which provides tools to insurers for launching insurance products in usage-based IoT verticals. Offers features like new policy development, existing policy implementation, and policy lifecycle management of annual, episodic, and usage-based insurance models. Provides rating algorithms that use machine learning to interpret unstructured data. Enables insurance product distribution via mobile web; on-demand chatbot deployment; and E-signature E-delivery services. Supports geocoded data, spatial analysis, data visualization, telematics and demographic data for underwriting, claim adjustment and product delivery of new auto, IoT, robotic online ecosystem products. REINs wholly owned subsidiary, Acend Insurance Solutions, is a licensed surplus lines producer. Acend launched its first digital product powered by Reins platform, Drone Insurance.com, which offers on-demand drone insurance.

REIN's top competitors include Innoveo, Volante and Nvest.

REIN offers Embedded Insurance Widgets, Curated Partner Networks, and Intelligent Attribution Models.

REIN has 7 investors. Key investors include Plug and Play Tech Center, Volvo Financial Services, Liberty Mutual Insurance, Kiplin Capital, and Bert Roberts.

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