About Thimble Insurance
Thimble Insurance is a Financial Services company based in New York (United States) founded in 2015 by Eugene Hertz, and was acquired by Arch Capital Group in April 2023. Online liability insurance is offered to small businesses on demand. It operates on a Subscription Services and Pay-per-Use / Usage-Based model. Thimble Insurance has raised $26.7 million across 3 funding rounds from investors including AXA Venture Partners, IAC and Arch Capital Group. Its website thimble.com draws about 140 thousand monthly visits. Thimble Insurance offers products and services including General Liability Insurance, Professional Liability Insurance, Business Equipment Protection, Business Owners Policy, and Workers' Compensation Insurance. Its focus areas include Insurance and Business Insurance. Its legal entity is Verifly Insurance Services, LLC. Its competitors include Jones, Coterie and Huckleberry; 3 of its 3 listed competitors have raised funding.
Company details
Insurance coverage is offered by Thimble for small businesses across various professions. Services are tailored for contractors, landscapers, event professionals, and freelancers. General liability, professional liability, and workers compensation are included in the portfolio. Quick and flexible policies are delivered through an online platform or app. Coverage can be customized by job, month, or year to suit business needs. The focus is placed on fast-moving businesses requiring immediate insurance solutions. A-rated partners back the policies to ensure reliability and trust.
- Headquarters New York, United States
- Founders Eugene Hertz
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Website thimble.com
- Social LinkedIn X Facebook Instagram
- Acquired by Arch Capital Group (Apr 2023)
- Legal Name Verifly Insurance Services, Llc
- Total Equity Funding$26.7M (USD)
in 3 rounds
- Latest Funding Round$22M (USD), Series A
Oct 2019
- InvestorsAXA Venture Partners
& 8 more
- Acquired byArch Capital Group
(Apr 2023)
Products & Services of Thimble Insurance
Thimble Insurance offers a comprehensive portfolio of products and services, including General Liability Insurance, Professional Liability Insurance, Business Equipment Protection, Business Owners Policy, and Workers' Compensation Insurance.
Protection is provided against third-party accidents and damages.
Coverage is offered for claims of unsatisfactory work.
Equipment used for work is covered against damage.
General liability and property coverage are bundled together.
Protection is provided for work-related injuries or illnesses.
Apps and channels of Thimble Insurance
Thimble Insurance publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Thimble Insurance
Thimble Insurance has successfully raised a total of $26.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $22 million completed in October 2019. 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 $26.7M
- Total Rounds 3
- Last Round Series A — $22M
- First Round $2M
(Apr 2015)
- Investors Count 8
All 3 funding rounds of Thimble 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 |
|---|---|---|---|---|---|
| Oct 2019 | $22M | Series A | – | IAC | |
| Aug 2016 | $2.7M | Seed | – | Slow Ventures | – |
| Apr 2015 | $2M | Seed | – | Graph Ventures, Irelandia Aviation | – |
9 investors in total: 9 institutional.
Investors in Thimble Insurance
Thimble Insurance has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include AXA Venture Partners, IAC and Arch Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are focused on French tech firms. | 2013 | axavp.com | Paris, France | |
Early-stage tech investments are made primarily in US companies. | slow.co | New York, United States | ||
Multiple sectors are invested in by OpenOcean venture capital fund. | openocean.vc | Helsinki, Finland | ||
Tech-focused Early-stage centric VC Firm investing primarily in the US | slowventures.com | San Francisco, United States | ||
Early-stage venture capital funding is provided to startup founders. | graphventures.com | San Francisco, United States | ||
Acquisitions and creations of media and internet brands are managed. | 1986 | iac.com | New York, United States | |
Irelandia Aviation is engaged in developing low cost carrier models. | irelandiaaviation.ie | Dublin, Ireland | ||
Insurance services for families and businesses are provided. | prospectinsurancegroup.com | Prospect, United States | ||
Diversified property-casualty insurance and reinsurance services are provided. | 2001 | archgroup.com | White Plains, United States |
Investor details for Thimble 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.
People of Thimble Insurance
27 people are tracked at Thimble Insurance (13 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Eugene Hertz | Co-Founder | Leadership |
Liz D. | Interim Head of Talent | Leadership |
Terri Hitchcock | Chief Insurance Executive | Leadership |
Sara Orsi | Senior Director | Leadership |
Ian Westerman | President | Leadership |
Daniela Mogro | CMO/CRO | Leadership |
Ann Green | Actuarial Director | Leadership |
Amanda Rossi | Director, Customer Success | Leadership |
Jennifer Gossett | Compliance Director | Leadership |
Laura Thornton | Director, Broker Operations | Leadership |
Caiden Laubach | Director Of Brand & Content | Leadership |
Hank Garrett | Director Of Product Design | Leadership |
Erin Davidson, FCAS, CERA, MAAA, CPCU | Actuarial Director | Leadership |
Jayla Dunbar | Senior Customer Service Representative | Team |
David Lafond | Infrastructure, Security And Architecture | Team |
Philip K. | Senior Product Manager | Team |
Austin Bowen | Sales Development Representative | Team |
Taylor Niekamp | Accounting And Finance Manager | Team |
Lam Nguyen | Broker Success Consultant | Team |
Kate Al-Dayni | Senior Broker Development Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Thimble Insurance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Thimble Insurance
4 dated milestones of Thimble Insurance across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Thimble Insurance is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $22.0M.
- Exit Acquired by Arch Capital Group.
Competitors of Thimble Insurance
Thimble Insurance has 3 listed competitors in our database, 3 of them funded. They include Jones, Coterie and Huckleberry.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getjones.com | 2017 | New York, United States | $38.26M | On-demand liability insurance platform is provided for businesses. | ||
| coterieparty.com | 2018 | New York, United States | $11.25M | Private label party supplies are offered with customization options. | ||
| huckleberry.com | 2017 | San Francisco, United States | $26.1M | Online insurance quotes for small businesses are provided. |
Detailed competitors of Thimble 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.
Web traffic of Thimble Insurance
The website of Thimble Insurance (thimble.com) receives about 140.4K visits a month and ranks #201,047 among all websites worldwide, #1,136 in Insurance.
- Monthly visits140.4K
▲ 7.1% vs previous month
- Unique visitors72.8K
per month
- Global rank#201,047
among all websites
- Category rank#1,136
Finance · Insurance
- Bounce rate38%
- Pages per visit6.5
- Average visit2 min 26 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Thimble Insurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nextinsurance.com | 100% | 651.9K | #61,961 | View details | |
hiscox.com | hiscox.com | 90% | #133,078 | – | |
eventsured.com | eventsured.com | 87% | #652,886 | – | |
theeventhelper.com | theeventhelper.com | 83% | #299,152 | – | |
| thehartford.com | 83% | 3.9M | #12,714 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Thimble Insurance
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance Providers
3 companies that operate in the same segment as Thimble 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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Related news about Thimble Insurance
Complete news archive for Thimble Insurance
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Frequently Asked Questions about Thimble Insurance
Thimble Insurance was founded in 2015.
Thimble Insurance is headquartered in New York, United States. It is registered at New York, New York, United States.
Thimble Insurance is a funded company, having raised a total of $26.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 2015.
Insurance coverage is offered by Thimble for small businesses across various professions. Services are tailored for contractors, landscapers, event professionals, and freelancers. General liability, professional liability, and workers compensation are included in the portfolio. Quick and flexible policies are delivered through an online platform or app. Coverage can be customized by job, month, or year to suit business needs. The focus is placed on fast-moving businesses requiring immediate insurance solutions. A-rated partners back the policies to ensure reliability and trust.
Thimble Insurance's top competitors include Jones, Huckleberry and Coterie.
Thimble Insurance offers General Liability Insurance, Professional Liability Insurance, Business Equipment Protection, Business Owners Policy, and Workers' Compensation Insurance.
Thimble Insurance has 9 investors. Key investors include AXA Venture Partners, IAC, Arch Capital Group, Slow Ventures, and OpenOcean.
Thimble Insurance operates through Verifly Insurance Services, Llc.
Yes. Thimble Insurance was acquired by Arch Capital Group in April 2023.
Yes. Thimble Insurance publishes Thimble Insurance and 1 more app, with over 50,000 downloads.
The website of Thimble Insurance receives about 140 thousand visits a month and ranks #201,047 among all websites worldwide.