SimplyInsured Revenue and Competitors

Location

$8.4M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • SimplyInsured's estimated annual revenue is currently $4.8M per year.(i)
  • SimplyInsured's estimated revenue per employee is $88,022
  • SimplyInsured's total funding is $8.4M.

Employee Data

  • SimplyInsured has 55 Employees.(i)
  • SimplyInsured grew their employee count by 8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$15.3M109-2%$162.8M$1.3B
#2
$0.6M8N/AN/AN/A
#3
$18.7M129N/AN/AN/A
#4
$5.6M32N/AN/AN/A
#5
N/A3N/AN/AN/A
#6
$70M386N/AN/AN/A
Add Company

SimplyInsured was founded with one mission: to eliminate fear from health insurance. By changing the way small business owners purchase health insurance with our 100% online platform, we’re transforming a $20 billion dollar industry and delighting thousands of customers. \n\nOur unique values-based culture (and extremely talented team) is our core competitive advantage, and each person on our team makes a direct, immediate impact on our business. \n\nWe value transparency, feedback, bias to action, growth, and an obligation to dissent. Every opinion is respected, we hold each other to extremely high standards, we’re driven by the diversity in our backgrounds, and unified by 100% alignment on our mission. \n\nWhat’s best for the customer is the heart of everything we do, and our customer stories prove it: by changing health insurance we’re literally saving lives. \n\nBased in San Francisco, SimplyInsured was founded in 2012 and is back by Bessemer Venture Partners, Polaris Ventures, and Y-Combinator. If you’re up for the challenge of improving health insurance for millions of Americans, we’re just getting started, and we’re growing!

keywords:Healthcare, E-Commerce, Small and Medium Businesses, Insurance, Brokers, Health and Insurance

$8.4M

Total Funding

55

Number of Employees

$4.8M

Revenue (est)

8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SimplyInsured's People

NameTitleEmail/Phone
1
CEO & FounderReveal Email/Phone
2
Client SuccessReveal Email/Phone
3
Co-Founder / Chief Technology OfficerReveal Email/Phone
4
Client SuccessReveal Email/Phone
5
Client SuccessReveal Email/Phone
6
Director, Revenue OperationsReveal Email/Phone
7
Small Business Medical Insurance ConsultantReveal Email/Phone
8
Email Marketing ManagerReveal Email/Phone
9
Customer Service ManagerReveal Email/Phone
10
Software EngineerReveal Email/Phone

SimplyInsured News

2015-07-01 - SimplyInsured Raises $5.9M in Series A Funding

SimplyInsured, a San Francisco-based small business health insurance marketplace and administrative platform, raised $5.9m in Series A funding. Backers included Polaris Partners, Bessemer Venture Partners, Altair.VC and Corazon Capital. In conjunction with the funding, Gary Swart of Polaris Ven ...

2015-06-30 - SimplyInsured, A Health Insurance Platform For Small Companies, Scores $5.9M Series A

SimplyInsured, which helps small businesses compare and purchase employee health insurance plans, has closed a Series A of $5.9 million led by Polaris Partners, with participation from Bessemer Venture Partners, Altair.VC, Corazon Capital, and individual investors. The startup not only lets sma ...

2015-04-23 - SimplyInsured Raises $1.75M in Seed Funding

SimplyInsured, a San Francisco CA-based small business health insurance startup, raised $1.75m in seed funding. Backers included Starling Capital, Altair.vc and Y Combinator. Founded in 2012 by CEO Vivek Shah, SimplyInsured leverages a proprietary algorithm to recommend health insurance plans ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$9.8M55-13%$98.3M
#2
$12.4M5531%N/A
#3
$35M5510%N/A
#4
$8.1M55-24%$77.5M
#5
$6.7M55-4%$18.5M