Best InsurTech Companies in Ohio, United States
The 51 best InsurTech companies in Ohio, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Root.
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in Ohio
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Root 🦄 Provider of car insurance rates based primarily on driving behavior | $540M | 83 mo ago | Public | Alexander Timm Founder & CEO | 2015 | ContentfulSentryZendesk+40 | — | 1 partnership |
| 2 | Branch 🦄 Provider of auto and home insurance solutions 62Funding top 19%Tech top 20%Moat top 26%Growth top 35% All 9 signals ▾Fundingtop 19% Techtop 20% Moattop 26% Growthtop 35% Producttop 36% Talenttop 38% Globalbottom 39% Marketbottom 34% Newsbottom 27% Funding: Raised $280M across 6 rounds · 6 rounds over 8 yrs (0.8/yr) Tech: 40 technologies across 6/8 capability areas · Cloud: Amazon S3, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $280M | 21 mo ago | Series D | Steve Lekas Co-Founder & CEO | 2017 | SentryZendeskApple iCloud Mail+35 | — | 1 award |
| 3 | Beam Provider of health insurance solutions for employees 76Funding top 18%Patents top 19%Moat top 28%Innovation top 29% All 10 signals ▾Fundingtop 18% Patentstop 19% Moattop 28% Innovationtop 29% Techtop 32% Customerstop 35% Producttop 36% Growthtop 37% Markettop 45% Globalbottom 40% Funding: Raised $239M across 12 rounds · 12 rounds over 14 yrs (0.9/yr) Patents: 82 patents matched (strict assignee match) · 41 filings since 2022 vs 18 in 2017-21 rank vs industry peers · Fliar Intelligence Index 76/100 | $239M | 12 mo ago | Series E | — | 2012 | WebflowSalesforceAmazon Web Services+22 | 82 patents Advanced EV charging systems and thermal management using phase‑change composites. | — |
| 4 | Coterie Online insurance platform for small businesses 67Tech top 19%News top 21%Funding top 25%Growth top 29% All 9 signals ▾Techtop 19% Newstop 21% Fundingtop 25% Growthtop 29% Moattop 31% Producttop 49% Marketbottom 49% Talentbottom 40% Globalbottom 39% Tech: 64 technologies across 6/8 capability areas · Cloud: Azure, Cloudflare News: 6 BI events in 12 mo (of 24 tracked, 6 types) · +500% YoY rank vs industry peers · Fliar Intelligence Index 67/100 | $99M | 10 mo ago | Series B | David McFarland Founder & CEO | 2018 | WordPress Block EditorWordPressApple iCloud Mail+36 | — | — |
| 5 | Matic Insurance Provider home insurance quote solutions | $51M | 18 mo ago | Series C | Benjamin Madick Co-Founder & CEO | 2014 | WordPressSentryZendesk+31 | — | 1 job opening · 1 partnership · 2 awards |
| 6 | Bold Penguin Software suite for the commercial insurance industry | $50M | 82 mo ago | Acquired | Benjamin Clarke Co-Founder & CDO | 2016 | WebflowApple iCloud MailGoogle Workspace+22 | — | — |
| 7 | Foxen Provider of risk management software for renters insurers | $44M | 50 mo ago | Series A | Patrick McBride Co-Founder | 2017 | WebflowApple iCloud MailSalesforce+22 | — | 1 job opening · 1 partnership |
| 8 | Embrace Pet Insurance Provider of pet insurance and wellness plans for cats and dogs | $4M | 52 mo ago | Acquired | — | 2003 | SentryApple iCloud MailUnbounce+33 | — | — |
| 9 | Pillar Technology Digital engineering, manufacturing services, and solutions provider, driving innovation and sustainability | $3M | 102 mo ago | Acquired | — | 1996 | — | 14 patents Adaptive wearable communication hardware with modular motion and situational awareness features | — |
| 10 | Tnedicca Insurance risk management solutions for the auto insurance industry | $2M | 52 mo ago | Series A | Nizam Syed Co-Founder and Chief Technology Officer | 2015 | — | — | — |
| 11 | LuckyTruck Online platform offering truck insurance quotes | $2M | 45 mo ago | Seed | Julie Zimmer Chief Executive Officer | 2019 | Framer SitesZohoReact+12 | — | — |
| 12 | Vigil Provider of post-issue insurance servicing platform for annuities and life insurance | $1M | 17 mo ago | Seed | Kole Lee Co-Founder | 2023 | — | — | — |
| 13 | ConsumerOptix Sales & CRM solutions for insurers | $750K | 83 mo ago | Seed | Brian Kipp President and Co-Founder | 2018 | — | — | — |
| 14 | Terrene Labs Risk management using Big Data | $730K | 106 mo ago | Acqui-Hired | — | 2015 | — | — | — |
| 15 | RateElert Insurance aggregator | $475K | 163 mo ago | Seed | Brian Hannigan Founder & CEO | 2008 | — | — | — |
| 16 | Excel Impact Marketing and lead generation solutions for insurance industry | $258K | 75 mo ago | Funding Raised | Craig Sturgill COO & Co-Founder | 2013 | — | — | — |
| 17 | Casentric Fact-based injury analysis tools for better claim negotiation and settlement | $250K | 161 mo ago | Seed | Steve Washington Co-Founder & COO | 2010 | — | — | — |
| 18 | ReClaims Homeowners claims management | $50K | 198 mo ago | Deadpooled | Gary Siroko Chief Executive Officer | 2009 | — | — | — |
| 19 | Progressive Insurance Internet first provider of life, health, auto, home, and business insurance services | — | 205 mo ago | Public | Jack Green Co-Founder | 1937 | Apple iCloud MailSalesforceZURB Foundation+17 | 60 patents Insurance risk analytics and telematics platforms for vehicle monitoring and data integration. | 1 internship |
Top 12 InsurTech companies in Ohio
#1
Series E · Columbus, Ohio · founded 2012 · 230 employees$239.2Mraised▾
Provider of health insurance solutions for employees. It offers digital quoting for customized pricing, and an online portal for instant access to plan information and management. The insurance offered includes dental, vision, life, disability, and supplemental health coverage.
- Jul 2025Series E$24M
- Apr 2024Series E$29.8M
- Sep 2023Series E$40.9M
- Mar 2021Series E$80M
#2
Series B · Cincinnati, Ohio · founded 2018 · 137 employees$99.2Mraised▾
Coterie Insurance provides online insurance platform for small businesses. It offers coverage for general liability insurance, business owners insurance, and professional liability insurance. It features solutions for insurance quoting, chats, sales, and marketing for agents & partners.
- Sep 2025Series B—
- Mar 2024Series B$27M
- Oct 2021Series B$50M
- Feb 2021Series A$11.5M
#3
Branch 🦄Series D · Columbus, Ohio · founded 2017 · 2 employees$280.5Mraised▾
Provider of auto and home insurance solutions. It offers claims and offers insurance, home insurance, auto insurance, bundled insurance, and remote jobs. It also offers a way to file a claim and switch insurance companies. It simplifies the insurance buying experience with instant pricing and coverage options.
- Oct 2024Series D$51M
- Jun 2022Series C$147M
- Jun 2021Series B$50M
- Jul 2020Series A$24M
#4
Series C · Columbus, Ohio · founded 2014 · 224 employees$50.8Mraised▾
Provider home insurance quote solutions. It connects lenders and borrowers originating a new home loan. It provides home insurance quotes, thus helping in completing the loan application and home-buying process.
- Jan 2025Series C$30M
- Oct 2023Conventional Debt$3M
- Oct 2023Series B$17M
- Oct 2020Series B$24.5M
#5
Seed · Columbus, Ohio · founded 2023$1.3Mraised▾
Provider of post-issue insurance servicing platform for annuities and life insurance. It offers a solution to update policy servicing capabilities for agents and policyholders. The platform automates back-office tasks, uses AI agents for paperwork, validates data, and captures client requests in real-time. It streamlines service journeys with document upload and signatures, maintains brand identity through white-labeling, and integrates with various tools via an API-first approach. The platform prioritizes enterprise-grade security with encryption and access controls.
- Feb 2025Seed$1.3M
#6
Root 🦄Public · Columbus, Ohio · founded 2015 · 1571 employees$539.5Mraised▾
Provider of car insurance rates based primarily on driving behavior. The company offers mobile app-based policy management and claims filing. Roadside assistance coverage is available as an option. The app gathers data from smartphone sensors to analyze driving habits.
- Aug 2019Series E$360M
- Aug 2018Series D$100M
- Mar 2018Series C$51M
- 2017Series B$21.5M
#7
Series A · Columbus, Ohio · founded 2017 · 90 employees$44Mraised▾
Provider of risk management software for renters insurers. It offers solutions for compliance monitoring, insurance verification, insurance monitoring, and more. It also offers software for insurance tracking and certificate management.
- May 2022Series A$44M
#8
Acquired · Columbus, Ohio · founded 2016 · 210 employees$50.1Mraised▾
Software suite for the commercial insurance industry. It offers products for quoting and binding, customer retention, and risk data aggregation and more. It connects businesses, agents, and carriers by reducing friction in the policy buying process.
- Sep 2019Series B$32M
- Sep 2018Series A—
- 2017Seed$100K
#9
Acquired · Beachwood, Ohio · founded 2003 · 120 employees$4.5Mraised▾
Provider of pet insurance and wellness plans for cats and dogs. The company offers financial protection from unexpected incidents, illnesses, and dental diseases. Optional wellness plans are available for routine care, including annual exams and vaccinations. They reimburse a portion of covered vet bills for accidents or illnesses.
- Mar 2022Seed—
#10
Seed · Cincinnati, Ohio · founded 2019 · 23 employees$2.4Mraised▾
Online platform offering truck insurance quotes. It offers a platform for users to buy, sell, and manage commercial trucking insurance via the platform itself. Users can manage their insurance covers via one dashboard.
- Oct 2022Seed$2.4M
- Dec 2021Seed—
#11
Series A · Columbus, Ohio · founded 2015 · 9 employees$2.5Mraised▾
Insurance risk management solutions for the auto insurance industry. It provides crash risk intelligence and analytics solution. It provides risk scores based on multiple factors including location, route, and usage. The solution can be integrated with the underwriting engine for determining the price based on the risks.
- Mar 2022Series A$1.8M
- Sep 2019Seed$750K
#12
Acquired · Columbus, Ohio · founded 1996 · 320 employees$2.8Mraised▾
Digital engineering, manufacturing services, and solutions provider, driving innovation and sustainability. The company reinvents engineering, manufacturing, infrastructure, and capital projects using data and AI. It offers services across digital production and operations, infrastructure and capital projects, digital engineering and R&D, smart connected products and services, intelligent asset management, advanced automation and robotics, and aftermarket services. The company supports engineering services, supply chain optimization, and software-defined vehicles. It helps businesses reimagine products and services, leveraging technologies like digital twins and threads. The company focuses on driving efficient and sustainable operations, greater productivity, customer relevance, and growth. It provides cloud, cybersecurity, data and artificial intelligence, metaverse, and technology transformation solutions. "
- Jan 2018Unattributed—
- Sep 2017Unattributed$2.8M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in the United States
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 22 United States-affiliated papers.
- New York Life Insurance Company2
- Film Independent2
- University of Management and Technology2
- AAA Foundation for Traffic Safety1
- Temple University1
- Conceptual model1
- Conceptual framework1
- Marketing1
- Knowledge management1
- Originality1
- Actuarial science2
- Telematics1
- Incentive1
- Poison control1
- Baseline (sea)1
- Position (finance)1
- Geopolitics1
- Insurance law1
- European union1
- Index (typography)1
Who's filing insurtech patents in the United States
United States insurtech patent filing is steady — 15 filings from 7 assignees (2018–2025), led by State FARM Mutual Automobile Ins, Grunfeld ERIC, Allstate Insurance; annual filings 1→1.
- State FARM Mutual Automobile Ins6
- Grunfeld ERIC5
- Allstate Insurance4
- Clover Health3
- Fiete Stephen2
- Cripe Frederick F2
- American Family Mutual Insurance1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.