Industry landscapes
The companies, capital and talent shaping insurtech in New York City. 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 ↗
A few useful ratios bring the size of this ecosystem into perspective.
32 of 267 tracked companies have open roles.
130 of 267 tracked companies have a recorded round.
Share of disclosed capital received by the three largest recorded recipients.
Midpoint of 276 rounds with a disclosed amount.
Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 42.7% of disclosed capital, while 51.3% 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 | $547.42M | 20 | 17 |
| 2017 | $276.77M | 13 | 16 |
| 2018 | $737.31M | 30 | 16 |
| 2019 | $682.93M | 12 | 18 |
| 2020 | $697.17M | 17 | 28 |
| 2021 | $850.5M | 17 | 29 |
| 2022 | $1.15B | 20 | 39 |
| 2023 | $411.09M | 20 | 29 |
| 2024 | $456.55M | 6 | 28 |
| 2025 | $365.44M | 1 | 24 |
Share of all disclosed company funding.
330 recorded rounds since 2016
Recorded participation in insurtech company rounds since 2016.
Backed by Generation Investment Management and Fifth Down Capital and others.
Backed by General Catalyst and Chemistry VC and others.
Backed by Kearny Jackson and Kevin Patrick Mahaffey and others.
Backed by Fidelity Investments and General Catalyst and others.
Backed by Alphabet.
Backed by Allianz and General Catalyst and others.
Backed by Coatue and Baillie Gifford and others.
Backed by T. Rowe Price and Kayne Anderson Rudnick and others.
Participating investors were not recorded in this snapshot.
Backed by Founders Fund and CapitalG and others.
Backed by Wellington and Goldman Sachs and others.
Backed by Lakestar and Tiger Global Management and others.
Backed by KKR and Revolution and others.
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 · company accounts; aggregate reporting threshold not met · 2 reporting entities from 2 eligible matches.
Sum of reporting-entity revenue; not New York City market sales.
Combined result for the same cohort.
Combined net income ÷ combined revenue.
The middle covered reporting entity.
None of 2 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 · 2 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 |
|---|---|---|---|---|---|
| Lemonade ↗1691421 | $737.9m | $-165.5m | -22.4% | — | — |
| 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 New York City companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.
10 of the 267 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 357,444 visits.
| Company | Monthly visits | Authority | Mobile |
|---|---|---|---|
| Lemonadelemonade.com | 4,504,734 | 65 | 76.5% |
| Otto Insuranceottoinsurance.com | 2,723,126 | 32 | 96.3% |
| Healthfirsthealthfirst.org | 968,508 | 47 | 60.7% |
| Policygeniuspolicygenius.com | 659,947 | 51 | 79% |
| Wrapbookwrapbook.com | 397,003 | 43 | 16.5% |
| Pawlicy Advisorpawlicy.com | 317,885 | 56 | 76.6% |
| The Guarantorstheguarantors.com | 303,732 | 42 | 68.2% |
| Auto Insuranceautoinsurance.com | 280,613 | 50 | 83.4% |
| Inshurinshur.com | 193,815 | 37 | 83.7% |
| Travel Insurancetravelinsurance.com | 70,443 | 39 | 28.1% |
Visits and authority are third-party web estimates, not company-reported figures.
21 of these companies (7.9%) publish at least one Android app — 23 apps in all, carrying 4.8M installs between them.
| App | Installs | Rating | Store category |
|---|---|---|---|
| Lemonade InsuranceLemonade | 2.1M | 3.9 | Finance |
| VymoGet Vymo | 1.6M | 4 | Business |
| Oscar HealthOscar | 638.5K | 3.8 | Medical |
| Healthfirst NYHealthfirst | 186.9K | 4.8 | Health & Fitness |
| Thimble InsuranceThimble | 93.7K | 4.9 | Finance |
| garten TVWelnys | 86.1K | 4.2 | Health & Fitness |
| JustworksJustworks | 42.1K | 4.5 | Business |
| Marble: Insurance RewardsMarble | 17.2K | 4.7 | Finance |
| Vymo for IntuneGet Vymo | 11.9K | — | Business |
| BennieBennie | 10K | 3.6 | Productivity |
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 (2023Q3–2025Q4).
| Segment | Apps | Installs | Leading app | Release trend |
|---|---|---|---|---|
| Internet First Insurance Platforms | 14 | 3M | Lemonade Insurance 2.1M | |
| Insurance It | 5 | 1.6M | Vymo 1.6M | |
| Banking Tech | 3 | 1.6M | Vymo for Intune 11.9K | |
| Hrtech | 7 | 783.2K | Oscar Health 638.5K | |
| Employer Insurance | 6 | 144.6K | garten TV 86.1K |
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. 23 of 23 apps carry a release date. The series ends at 2025Q4, 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.
32 companies hiring · $6.81B disclosed funding
Explore in RadarCommon revenue models; a company can use more than one.
Recorded corporate activity linked to companies in this landscape.
Pillar, a platform that helps commodity-driven businesses (like those in metals, food, and airline companies) manage financial risk, announced Tuesday a $20 million seed round led by Andreessen Horowitz. Others in the seed round include Crucible Capital, Gallery Ventures, and Uber CEO Dara Khosrowshahi.
Chapter Raises $100M Series E Round Back to Home NEW YORK, NY, Chapter, the leading AI company focused on retirement, announced today that it has raised $100 million in Series E funding.
Yuzu Health, a next-generation third‑party administrator focused on modernizing the infrastructure behind health insurance plans, announced it has raised $35 million in Series A funding, bringing its total capital raised to $40 million.
iBynd’s acquisition of Semsee is designed to strengthen its commercial insurance distribution ecosystem by integrating advanced quoting and submission technologies.
Alaffia Health secured $55 million to address inefficiencies in healthcare that contribute to a 70 billion waste problem.
Sixfold AI – $30.0M
Oak Hill Advisors (OHA) served as administrative agent and lead left arranger for a private unitranche financing supporting Majesco’s acquisition of Vitech Systems Group (Vitech) and a concurrent refinancing.
Quilt has now raised a total of $62.0M in total equity funding and is backed by Alumni Ventures, Energy Impact Partners, Galvanize Climate Solutions, Gradient, Incite Ventures, and Lowercarbon Capital.
Parametrix, a London-based parametric insurance provider for digital infrastructure, closed a $27 million Series B round led by Mundi Ventures.
ReSource Pro, a leading strategic operations partner serving the insurance industry, announced the acquisition of Supportive Insurance Services (SIS), a recognized leader in licensing and renewal services.
Top 10 categories among 252 recorded events in the 24-month window.
3 companies with recorded IPO activity
14 tracked people moves
Appointment senior vice president, data strategy
Appointment President of Insurance Solutions
Appointment Head of Mulberry Ready‑to‑Wear Strategy
Appointment Board of Directors as an independent director
Appointment Global Senior Vice President, Marketing
Appointment Chief Revenue Officer
Appointment Manager, P&C Binding Team for Atlanta, Charlotte, and Denver
Appointment Head of US Sales and Operations
Products, platforms and features in the recorded window
Integration Suite
Claims correspondence automation platform
Insurance Revenue Management
Parametric Flood API
Product
Insurance
Insurance product
AI agent
1 recorded customer wins
Customer: Eastern Alliance Insurance GroupWorkers’ compensation insurance
3 companies with reported reductions
Reported company results in the recorded window.
Median across 54 reported growth observations; companies may contribute multiple periods.
Company-linked deal reports; status is preserved as recorded.
| Acquirer → target | Status | Date | Value / context |
|---|---|---|---|
| ibynd→Semsee ↗ | Announced | 2026-03-30 | Not stated in snapshot |
| majesco→Vitech ↗ | Announced | 2026-01-21 | Not stated in snapshot |
| ReSource Pro→supportive insurance services | Announced | 2025-12-01 | Not stated in snapshot |
| applied→Planck ↗ | Completed | 2025-11-26 | Not stated in snapshot |
| zinnia→Policygenius ↗ | Announced | 2025-11-25 | Not stated in snapshot |
| SecurityScorecard→hypercomply | Announced | 2025-09-16 | Not stated in snapshot |
A discussion or rumour is not a completed transaction. An unstated value is not zero.
917 postings in the preceding 12 months. The full 1,240-posting snapshot covers 71 employers.
45 tracked postings mention remote work.
452 postings specify a level.
Top skills across 1,240 tracked postings in the available jobs snapshot.
Median across 136 postings with pay data, expressed in USD.
Advertised posting medians do not describe all employees or roles.
| Company | Open roles |
|---|---|
| ReSource Pro ↗ | 10 |
| Justworks ↗ | 9 |
| SecurityScorecard ↗ | 7 |
| Cover Genius ↗ | 4 |
| Authentic Insurance ↗ | 4 |
| Choco ↗ | 3 |
| Comtec ↗ | 3 |
| Bennie ↗ | 3 |
| Company | Employees |
|---|---|
| Justworks ↗ | 55,459 |
| Oscar ↗ | 2,400 |
| Lemonade ↗ | 1,367 |
| Jencap Group ↗ | 900 |
| SecurityScorecard ↗ | 534 |
| Wrapbook ↗ | 258 |
| Inshur ↗ | 136 |
| Nayya ↗ | 128 |
230 founders and chief executives across 163 companies.
Oscar Health, ex-Bridgewater Associates, ex-Aetna, Cornell University
Fiverr, ex- Mobideo Aerospace, Handsmart Software, Trimus.
Ex- Founder Nobadeer Advisors, Prosper Marketplace, opwater Capital Partners, Doubloon Capital.
Forbes Technology Council, ex-BlogTalkRadio, Gilt, Goldman Sachs. New York University BA 2001, Yale University PhD 2006
Founder & Managing Partner-Clifftop Partners · Ex-Founder, McKinsey & Company, World Bank, Peace Corps Honduras…
Ohio Chamber of Commerce, ex-Palantir Technologies, Dorm Room Diplomacy, TutorChatLive. University of Pennsylvania BA, The Wharton School BS…
Ex-iClick Interactive Asia, Emerge Digital Group, Ventures in Digital Media, Yahoo!7, Republicorp, McGirr Information Technology…
The F Suite · ex-Real Estate, ex-Startups · Massachusetts Institute of Technology, 2007
Ex-Founder Film Casualty Insurance Agency, Co-Founder Sprinkle Lab, Invisible Children.
Ex-Founder Adtuitive, Amazon, Etsy. University of Illinois BS 2002, Cornell University MBA 2007
Theguarantors, ex-Tf Cornerstone, ex-Rentassure Agency, OSHA Certified
Georgetown University Mcdonough School Of Business, ex-Entrepreneurs Roundtable Accelerator, ex-Enigma Technologies, Georgetown University Law Center
79 profiles with education records.
19 profiles with prior-work records.
Profiles cover recorded founders and leaders; contact details remain in Radar.
4,844 articles in the measured 12-month window.
Insurtech coverage tagged New York City · articles per complete quarter
| Quarter | Articles |
|---|---|
| 2021Q2 | 624 |
| 2021Q3 | 853 |
| 2021Q4 | 715 |
| 2022Q1 | 828 |
| 2022Q2 | 841 |
| 2022Q3 | 799 |
| 2022Q4 | 778 |
| 2023Q1 | 922 |
| 2023Q2 | 1,308 |
| 2023Q3 | 1,033 |
| 2023Q4 | 1,060 |
| 2024Q1 | 1,289 |
| 2024Q2 | 1,170 |
| 2024Q3 | 940 |
| 2024Q4 | 1,329 |
| 2025Q1 | 1,640 |
| 2025Q2 | 965 |
| 2025Q3 | 1,664 |
| 2025Q4 | 1,018 |
| 2026Q1 | 1,108 |
Article volume measures coverage, not market sales.
468 recorded company events across 50 companies; percentages use that event total.
Insurtech coverage tagged New York City · ranked by full-period article count.
Recent and prior counts use the source comparison windows.
United States comparison coverage
| 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% |
United States comparison coverage
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% positiveInsurtech coverage tagged New York City. Topic labels describe recorded classifications and can include broad context.
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: 4 September 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 ↗