INSUBCONTINENT EXCLUSIVE:
announcing a sizeable Series B as it gains traction.Vouch, which offers business insurance specifically targeting startups, is today
The company was part of the YC cohort that presented this past August, and between then and now it appears to have also raised a Series A of
Previous investors in the company include Ribbit Capital, SVB Financial Group, Y Combinator, Index Ventures, and 500 Startups, with the
making this Series B public
that Silicon Valley is at the heart of the tech world, and therefore startups, and therefore fertile ground for acquiring new customers.It
seems that although Vouch itself is based in San Francisco, it delayed a California launch in part to test out the product in smaller
markets before hitting the big time: California, it notes, accounts for 50% of the whole business insurance market in the US, and California
startups alone spend $44 billion annually on it.When Vouch launched at YC, founder Sam Hodges, who had been one of the original co-founders
businesses in what is a very volatile market
Common wisdom says that most fail, and some have estimated the failure figure to be as high as 90%, but even if that is possibly too high,
premises, personal or advertising injury, and related areas), business liability, management liability, fiduciary liability, cyber and crime
coverage, rented and non-owned auto insurance and more
and growing businesses that change the world
I know first-hand that along the journey of building and growing a business, teams will face numerous high-stakes challenges
always had a soft spot for startups that built services for startups, and this is no exception
It makes perfect sense as a follow-on investment from the Continuity fund, which has also backed Brex, Gusto, Instacart, LendUp, and Stripe
