Branch was founded in 2018 by insurance veteran Steve Lekas and tech entrepreneur Joe Emison. Branch taps into the power of community to make insurance accessible and affordable for everyone, utilizing innovative technology makes it easier than ever to save money by bundling Home and Auto Insurance in seconds. Branch Insurance has launched in five states (AZ, IL, MO, OH, and TX) and is underwritten by General Security National Insurance Company (GSNIC), an AM Best A+ Financial Rated insurance company and is headquartered in Columbus, Ohio.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 07/22/20 | $24,000,000 | Series A |
American Family Ventures Elefund Foundation Capital Greycroft Partners  HSCM Bermuda Rise of the Rest Seed Fund SCOR Global P&C Signal Fire | undisclosed |
| 06/10/21 | $50,000,000 | Series B |
aCrew Capital American Family Ventures Anthemis Group Cherry Creek Holdings Foundation Capital Greycroft HSCM Bermuda SCOR Global P&C SignalFire Tower IV | undisclosed |
| 06/10/22 | $147,000,000 | Series C |
aCrew Capital American Family Ventures Anthemis Group Gaingels Greycroft HSCM Ventures Narya Signal Fire Tower IV | $1,050,000,000 |
