Industry landscapes
The companies, capital and talent shaping digital insurance in the United States. Find the leaders. Understand the segments. See where the activity is.
An industry ecosystem,
measured in context.
24 featured companies from the funding, hiring, revenue and team-size leaderboards.
Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗
Recently founded means a recorded 2023–2026 founding year and no recorded parent, acquirer or public-company status. These companies are not labelled startups without that separate classification.
Explore classified startups in Radar ↗A few useful ratios bring the size of this ecosystem into perspective.
136 of 1,531 tracked companies have open roles.
428 of 1,531 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 822 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 21.0% of disclosed capital, while 72.0% of tracked companies have no recorded funding round.
Explore the segments →Recorded company formation and disclosed funding across the complete annual series shown.
Sum of recorded funding rounds · USD
| Year | Funding (USD) | Founded | Raising |
|---|---|---|---|
| 2016 | $1.12B | 99 | 53 |
| 2017 | $864M | 96 | 62 |
| 2018 | $2.67B | 89 | 71 |
| 2019 | $2.85B | 109 | 74 |
| 2020 | $3.2B | 88 | 85 |
| 2021 | $5.88B | 73 | 103 |
| 2022 | $2.87B | 54 | 77 |
| 2023 | $2.11B | 69 | 74 |
| 2024 | $1.5B | 27 | 57 |
| 2025 | $2.36B | 18 | 55 |
Share of all disclosed company funding.
975 recorded rounds since 2016
Recorded participation in digital insurance company rounds since 2016.
Backed by Permanent Capital and SignalFire and others.
Backed by .
Backed by .
Backed by Eden Global Partners and Advance Venture Partners and others.
Backed by Aquiline Capital Partners.
Backed by TPG and Allianz X and others.
Backed by .
Backed by Andreessen Horowitz.
Backed by Emerson Collective and SoftBank Vision Fund and others.
Backed by New Enterprise Associates and Bessemer Venture Partners and others.
Backed by SoftBank Vision Fund.
Backed by Greenoaks.
Backed by Tiger Global Management and T. Rowe Price and others.
Backed by Andreessen Horowitz and Uprising Capital and others.
Backed by Fidelity Investments and General Catalyst and others.
Backed by Alphabet.
Backed by Coatue and DST Global and others.
Backed by MS&AD Ventures and Mitsui Sumitomo Insurance.
Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.
Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.
FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 11 reporting entities from 13 eligible matches.
Sum of reporting-entity revenue; not the United States market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
8 of 11 covered entities.
Share of covered revenue from the five largest entities.
Reported cohort totals by year; coverage is stated for every period.
Bar height shows revenue. Changes in coverage can affect totals.
FY2025 · 11 reporting entities
Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.
| Company / reporting entity | Revenue | Net profit / loss | Net margin | Revenue growth | Total assets |
|---|---|---|---|---|---|
| SelectQuote ↗1794783 | $1,526.6m | $47.6m | +3.1% | — | — |
| Slide Insurance ↗1886428 | $1,155.9m | $444.0m | +38.4% | — | — |
| CCC ↗1818201 | $1,057.0m | $1.7m | +0.2% | — | — |
| NerdWallet ↗1625278 | $836.6m | $48.7m | +5.8% | — | — |
| EverQuote ↗1640428 | $692.5m | $99.3m | +14.3% | — | — |
| eHealth ↗1333493 | $554.0m | $40.0m | +7.2% | — | — |
| Roadzen ↗1868640 | $44.3m | $-72.9m | -164.5% | — | — |
| Oscar ↗1568651 | $28.6m | $-443.2m | -1549.9% | — | — |
Explore full company accounts and filings.
Choose “View accounts” to inspect an available company preview.
Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.
| Industry | Covered / eligible | Revenue total | Median revenue | Net profit / loss | Aggregate margin | Profitable share | Overlap |
|---|
Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.
Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.
The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.
Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.
How the the United States companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
57 of the 1,531 companies on this page carry a measured traffic record (3.7%); these are the largest of those, by monthly visits. The median among them is 331,449 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| NerdWalletnerdwallet.com | 23,849,272 | 79 | 80% |
| Insurifyinsurify.com | 9,064,578 | 56 | 94.1% |
| HealthSherpahealthsherpa.com | 3,234,891 | 45 | 24.3% |
| Delta Dentaldeltadental.com | 3,195,397 | 61 | 27.5% |
| EverQuoteeverquote.com | 3,167,827 | 45 | 94.4% |
| Otto Insuranceottoinsurance.com | 2,723,126 | 32 | 96.3% |
| ConsumerAffairsconsumeraffairs.com | 2,120,465 | 61 | 75.6% |
| The Zebrathezebra.com | 2,114,488 | 60 | 81.3% |
| Insure.cominsure.com | 1,700,502 | 45 | 87.6% |
| Rootjoinroot.com | 1,588,254 | 50 | 84.7% |
Visits and authority are third-party web estimates, not company-reported figures.
119 of these companies (7.8%) publish at least one Android app — 163 apps in all, carrying 15.8M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| Root: Better car insuranceRoot | 4.5M | 3.1 | Finance |
| NerdWallet: Smart Money AppNerdWallet | 2.3M | 4.3 | Finance |
| Stride: Mileage & Tax TrackerStride Health | 1.3M | 3.1 | Finance |
| Delta Dental Mobile AppDelta Dental | 1.3M | 2.3 | Medical |
| Oscar HealthOscar | 638.5K | 3.8 | Medical |
| Avibra: Benefits for EveryoneAvibra | 458.1K | 4.6 | Health & Fitness |
| BoatUS - Boat Weather & TidesBoatUS | 424.2K | 4.6 | Weather |
| SurestSurest | 321.3K | 3.3 | Health & Fitness |
| CCC Mobile™ – Quick EstimateCCC | 284.2K | 4.5 | Productivity |
| ERGO NEXT InsuranceNext Insurance | 241.5K | 4.9 | Finance |
Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.
The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2024Q1–2026Q2).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Internet First Insurance Platforms | 105 | 15.3M | Root: Better car insurance 4.5M | |
| Auto E-Commerce & Content | 25 | 6.1M | BoatUS - Boat Weather & Tides 424.2K | |
| Connected Vehicles | 22 | 5.8M | GreenRoad Drive 206.2K | |
| Auto Retail & Aftersales | 15 | 5.7M | Clearcover Car Insurance 187.2K | |
| Banking Tech | 3 | 2.3M | NerdWallet: Smart Money App 2.3M | |
| Insurance It | 87 | 1.8M | CCC Mobile™ – Quick Estimate 284.2K | |
| Healthcare Payer Tech | 5 | 1.5M | Delta Dental Mobile App 1.3M | |
| Employee Health It | 13 | 680.7K | Oscar Health 638.5K |
A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.
New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.
Darker bars are new releases, lighter bars apps updated. 159 of 163 apps carry a release date. The series ends at 2026Q1, the last quarter that closed before the June 2026 reading.
Explore the segments behind the headline numbers.
Rank segments by scale, hiring or disclosed funding.
Companies can sit in several segments. Counts and funding overlap.
The largest measured segment in this report snapshot.
135 companies hiring · $27.75B disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
Roadzen Inc. (Nasdaq: RDZN ) (‘Roadzen’ or the ‘Company’), a global leader in AI at the convergence of insurance and mobility, today announced that it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 4,705,870 ordinary shares at an offering price of $1.70 per share, in a registered direct offering (the ‘Offering’).
Keystone Agency Partners has acquired Titan Risk Solutions in a move aimed at expanding its trucking insurance business and building a dedicated transportation-focused division.
Allianz has invested more in Boston-based homeowners insurance platform Openly and expanded a reinsurance partnership.
Descartes Systems Group has acquired Idelic, a developer of fleet safety management software, for $28 million.
Cambridge Mobile Telematics, which provides information about consumer driving habits to insurance companies, raised $350 million to expand its offerings in Europe and do more with artificial intelligence models.
GOBankingRates acquired Trellis Technologies, a digital insurance marketplace platform, to expand its fintech ecosystem and strengthen its consumer financial services offerings.
The Series-A financing round of EUR 25.7 million (30 million) of Munich-based startup Lio is led by venture capital investor Andreessen Horowitz. SV Angels, investor Harry Stebbings and Y Combinator also participate.
The Baldwin Group acquired Creisoft, Inc. and its subsidiaries, collectively known as Obie, a Chicago-based embedded insurance distribution business.
Commercial InsurTech Qumis raises $4.3m to scale AI platform.
SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed property in the US, and SureChoice Underwriters Reciprocal Exchange (SURE), a member-owned reciprocal exchange, have successfully closed the Gateway Re Ltd. Series 2026-1 catastrophe bond.
Top 10 categories among 796 recorded events in the 24-month window.
7 companies with recorded IPO activity
IPO activity1 reports
IPO · NYSE1 reports
IPO activity1 reports
IPO · NASDAQ7 reports
SPAC · NASDAQ1 reports
IPO · Nasdaq Capital Market1 reports
OFS1 reports
53 tracked people moves
Appointment Vice President, Customer Experience
Retirement Previously executive vice president and chief revenue officer
Appointment Chief Marketing Officer
Appointment Head of Mulberry Ready‑to‑Wear Strategy
Appointment VP, Worldwide Customer Engagement & Growth
Appointment Chief Customer Officer
Resignation Previously Chief Financial Officer
Appointment Interim Chief Financial Officer
Products, platforms and features in the recorded window
Feature
Digital platform for professional liability insurance
Contract Intelligence Platform
Feature
Operating layer
Landlord Insurance
AI practice
App
19 recorded customer wins
Customer: gramercy risk managementInsurance
Customer: all lines insurance associatesInsurance
Customer: Stonefield Insurance BrokersInsurance
Customer: government of ecuador
Customer: Aspire General InsuranceInsurance
Customer: specialty program groupInsurance technology
5 companies with reported reductions
1 roles
65 rolesfacility closure
115 rolescost reduction
10 rolesunpaid salaries
25.0% rolescost reduction
3 recorded events
Approved for usage on ChatGPTOpenAI
subject to customary regulatory approvals
digital onboarding approvedFinancial Regulatory Authority (FRA)
10 tracked suits
claims enforcementCivil · Ongoing
reimbursement for merger litigation costsRegulatory · Filed
Reported company results in the recorded window.
Median across 160 reported growth observations; companies may contribute multiple periods.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| Keystone Agency Partners→Titan Risk Solutions | Announced | 2026-04-29 | Not stated in snapshot |
| descartes systems group→Idelic ↗ | Announced | 2026-04-24 | $28.0M |
| GOBankingRates→Trellis ↗ | Announced | 2026-03-12 | Not stated in snapshot |
| The Baldwin Group→Obie ↗ | 2026-02-23 | Not stated in snapshot | |
| Integrated Specialty Coverages→specialty brokerage services | Announced | 2026-01-27 | Not stated in snapshot |
| ionq→Capella Space ↗ | 2026-01-26 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
7,427 postings in the preceding 12 months. The full 11,073-posting snapshot covers 235 employers.
311 tracked postings mention remote work.
4,008 postings specify a level.
Top skills across 11,073 tracked postings in the available jobs snapshot.
Median across 1,248 postings with pay data, expressed in USD.
Advertised posting medians do not describe all employees or roles.
| Company | Open roles |
|---|---|
| Elevance Health ↗ | 12 |
| Capital Health Plan ↗ | 11 |
| Orion180 ↗ | 11 |
| SmartFinancial ↗ | 10 |
| Comparion Insurance Agency ↗ | 10 |
| Jerry ↗ | 10 |
| SageSure ↗ | 10 |
| Slide Insurance ↗ | 10 |
| Company | Employees |
|---|---|
| Oscar ↗ | 2,400 |
| eHealth ↗ | 2,127 |
| SelectQuote ↗ | 2,035 |
| Blue Cross Blue Shield of Arizona ↗ | 2,030 |
| Comparion Insurance Agency ↗ | 1,854 |
| Devoted Health ↗ | 1,841 |
| Physicians Mutual ↗ | 1,629 |
| Covered California ↗ | 1,177 |
846 founders and chief executives across 632 companies.
Devoted Health, ex-The White House, ex-White House Office Of Science And Technology Policy, Harvard University, 1994
Oscar Health, ex-Bridgewater Associates, ex-Aetna, Cornell University
University of St Thomas BA 1994
Team8, ex-Next Insurance, ex-Check Inc Acquired By Intuit On June 2014 For 360m, Academic College of Engineering, Tel-Aviv
Kin Insurance, ex-Accion Usa, ex-2checkout, The University of Chicago Booth School of Business, 2009
Ex-Co-Founder CarePoint, Ensemble Health Partners. Emory University 2000
CoFounder Luke Vincent Powers Foundation, ex-Swoop, CSO Access 360 Media, Westwood One. Boston University 1991
Ex-CEO Insight Catastrophe Managers, RenaissanceRe, American Superior Insurance, Donaldson, Lufkin & Jenrette.
Founder Lookout, ex-Founder DailyWireless. University of Southern California
Ex-Founder PSL, 3D3R Software Studio, Giant Steps, Sanctum. Tel Aviv University BSc 2004 & MSc 2011
Drake University BSBA 2011
Future Family, ex-Hireathena, ex-Solarcity, Stanford University
190 profiles with education records.
27 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
346,984 articles in the measured 12-month window.
Digital Insurance coverage across United States · articles per complete quarter
| Quarter | Articles |
|---|---|
| 2021Q2 | 52,265 |
| 2021Q3 | 60,902 |
| 2021Q4 | 51,107 |
| 2022Q1 | 57,406 |
| 2022Q2 | 54,936 |
| 2022Q3 | 58,521 |
| 2022Q4 | 61,811 |
| 2023Q1 | 70,333 |
| 2023Q2 | 80,977 |
| 2023Q3 | 74,416 |
| 2023Q4 | 70,814 |
| 2024Q1 | 80,657 |
| 2024Q2 | 77,429 |
| 2024Q3 | 83,178 |
| 2024Q4 | 79,910 |
| 2025Q1 | 115,961 |
| 2025Q2 | 76,817 |
| 2025Q3 | 95,979 |
| 2025Q4 | 68,697 |
| 2026Q1 | 91,296 |
Article volume measures coverage, not market sales.
1,239 recorded company events across 128 companies; percentages use that event total.
Digital Insurance coverage across United States · ranked by full-period article count.
Recent and prior counts use the source comparison windows.
Digital Insurance coverage across United States
| Keyword | Recent | Prior | Change |
|---|---|---|---|
| artemis program | 3,716 | 241 | 1442% |
| drone warfare | 1,669 | 1,017 | 64% |
| cloud infrastructure | 1,650 | 943 | 75% |
| aerial bombardments | 1,646 | 826 | 99% |
| stock performance | 1,257 | 700 | 80% |
| smart tv | 1,099 | 692 | 59% |
| national security strategy | 1,079 | 761 | 42% |
| smart television | 989 | 619 | 60% |
| export sanctions | 975 | 280 | 248% |
| wifi television | 909 | 516 | 76% |
| drone defense | 587 | 982 | -40% |
| faa drone rules | 401 | 899 | -55% |
| drone airspace rules | 391 | 883 | -56% |
| fighter jets | 523 | 832 | -37% |
| anti-drone system | 479 | 748 | -36% |
Digital Insurance coverage across United States
ai regulation compliance, responsible ai, ai research
57.9% critical · 37.2% positiveweapons system funding, defense appropriations, military spending bills
48.3% critical · 50.7% positiveai hardware, dc fast-charging deployment, ai research
45.7% critical · 51.9% positiveDigital Insurance coverage across United States. Topic labels describe recorded classifications and can include broad context.
Company counts, hiring and disclosed funding across the recorded hubs.
28.8% across the displayed hubs
10 companies hiring · $3.9B disclosed funding
Explore companies in New York City ↗23.6% across the displayed hubs
13 companies hiring · $4.0B disclosed funding
Explore companies in San Francisco ↗10.4% across the displayed hubs
3 companies hiring · $248.4M disclosed funding
Explore companies in Los Angeles ↗
10.4% across the displayed hubs
5 companies hiring · $1.9B disclosed funding
Explore companies in Chicago ↗
7.3% across the displayed hubs
2 companies hiring · $611.9M disclosed funding
Explore companies in Austin ↗
7.3% across the displayed hubs
4 companies hiring · $287.3M disclosed funding
Explore companies in Dallas ↗
6.8% across the displayed hubs
4 companies hiring · $983.9M disclosed funding
Explore companies in Boston ↗
5.5% across the displayed hubs
2 companies hiring · $12.0M disclosed funding
Explore companies in Seattle ↗Clear definitions for making better comparisons.
It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.
No. A company can belong to several segments, so segment counts and funding can overlap.
A dash or unavailable panel means the current reviewed source snapshot does not support that figure.
Company ecosystem snapshot: 30 August 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.
Canonical landscape ↗