About Renegade Insurance
Renegade Insurance is a company based in Beaverton (United States) founded in 2018 by Douglas Rowe and Rashik Adhikari.. Renegade Insurance has raised $164.56 million across 5 funding rounds from investors including Treasury, NFX and Tectonic Capital. Renegade Insurance offers products and services including Home Insurance, Auto Insurance, Renters Insurance, General Liability, and Workers Compensation. Renegade Insurance operates in a competitive market with competitors including Next Insurance, Marble, Cover, Gabi and Insureon, among others.
- Headquarter Beaverton, United States
- Founders Douglas Rowe, Rashik Adhikari
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$164.56 M (USD)
in 5 rounds
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Latest Funding Round
$75 M (USD), Series C
Apr 03, 2022
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Investors
Treasury
& 4 more
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Employee Count
Employee Count
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Products & Services of Renegade Insurance
Renegade Insurance offers a comprehensive portfolio of products and services, including Home Insurance, Auto Insurance, Renters Insurance, General Liability, and Workers Compensation. 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.
Provides coverage for home damages and protection.
Offers vehicle coverage for collision and liability.
Protects tenant belongings from loss or damage.
Covers business risks and third-party claims.
Insures employee injuries in the workplace.
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Funding Insights of Renegade Insurance
Renegade Insurance has successfully raised a total of $164.56M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $75 million completed in April 2022. 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 Funding
- Total Rounds 5
- Last Round Series C — $75.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Series C - Renegade Insurance | Valuation |
investors |
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| Oct, 2021 | Amount | Series B - Renegade Insurance | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Renegade Insurance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Renegade Insurance
Renegade Insurance has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Treasury, NFX and Tectonic Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Founded Year | Domain | Location | |
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Investments in fintech companies are made by Treasury.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Renegade Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Renegade Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Renegade Insurance Comparisons
Competitors of Renegade Insurance
Renegade Insurance 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, Cover, Gabi and Insureon, 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 |
Online small business insurance policies are provided.
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| domain | founded_year | HQ Location |
Insurance quotes are compared via a reward-based platform for individuals.
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| domain | founded_year | HQ Location |
Insurance quotes for P&C coverage are compared via mobile app.
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| domain | founded_year | HQ Location |
Online comparison of property and casualty insurance quotes is facilitated.
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| domain | founded_year | HQ Location |
Online quotes for business property and casualty insurance are compared.
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| domain | founded_year | HQ Location |
Insurance comparison platform for home
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Renegade Insurance
Frequently Asked Questions about Renegade Insurance
When was Renegade Insurance founded?
Renegade Insurance was founded in 2018.
Where is Renegade Insurance located?
Renegade Insurance is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Who is the current CEO of Renegade Insurance?
Rashik Adhikari is the current CEO of Renegade Insurance. They have also founded this company.
Is Renegade Insurance a funded company?
Renegade Insurance is a funded company, having raised a total of $164.56M across 5 funding rounds to date. The company's 1st funding round was a Series B of $42.92M, raised on Jun 01, 2018.
What does Renegade Insurance do?
Renegade Insurance was founded in 2018 in Beaverton, United States, within the insurance sector. An online platform is maintained for comparing property and casualty insurances, including home, auto, flood, cyber, commercial property, liability, and motorcycle coverage. Solutions are tailored for individual and business needs, with operations focused on facilitating user comparisons across various providers.
Who are the top competitors of Renegade Insurance?
Renegade Insurance's top competitors include Next Insurance, Marble and Covered.
What products or services does Renegade Insurance offer?
Renegade Insurance offers Home Insurance, Auto Insurance, Renters Insurance, General Liability, and Workers Compensation.
Who are Renegade Insurance's investors?
Renegade Insurance has 5 investors. Key investors include Treasury, NFX, Tectonic Capital, MetaProp, and Blue 9 Capital.