12/18/2023 0 Comments Zebra insurance number![]() The company expects to “grow well over 100% in 2020.”.Its annual run rate (not annual recurring revenue, mind) is now over $60 million.The company’s revenue “grew almost 200% year over year to nearly $37 million in 2019.”.The Zebra currently sees “1.3 million monthly website visitors.”.Which is what The Zebra did as part of its Series C. The next level of transparency - and therefore flavor - is providing real figures. ARR growth, say, on a year-over-year basis. One way to avoid this bland fate is to share at least directional results. ![]() This leads to press releases so insipid and anodyne that many rounds are covered by precisely zero members of the media. When most startups raise capital they are rarely share performance results and business metrics. Happily, The Zebra released some hard performance numbers in conjunction with its round, which not only show why the company was able to raise more capital but also why its space is hot. Why are venture capitalists putting so much money into the space? When we recently posed the question, we posited revenue growth among its constituent players and a total addressable market that was attractive as likely reasons why. The Zebra joins competing startups, including Insurify ($23 million), Gabi ($27 million) and Policygenius ($100 million) in raising new capital this year. ![]() The Zebra previously raised a number of Seed rounds, and a $17 million Series C led by Ballast and a $40 million Series B led by Accel. According to Melnick, the company had targeted a final sum closer to $30 million, but interest in putting more capital into the business by the company’s extant investor set led to a larger Series C. ![]()
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