Branch overview

Branch (also known as Branch Financial Inc), offers personal auto, homeowners' or renters', and umbrella insurance products.

The company enables users to bundle their home and auto insurance - or renters and auto insurance - in just one minute. Consumers simply need to provide their name and address. Its policies are underwritten by a subsidiary of SCOR.

Branch was founded in February 2018 by Steve Lekas (CEO) and Joseph Emison (CTO). The founders took part in YCombinator's Startup School, graduating in November 2018.

In 2019 the startup partnered with ClarionDoor to help enhance its bundling technology, utilising the company's Digital Distribution Suite.

In July 2020 Branch raised a $24m Series A. Investors included Greycroft, AmFam Ventures and more.

In November 2020, Branch partnered with Cambridge Mobile Telematics to launch Community Drive, which will leverage Branch's ability to help consumers access coverage options quickly and easily with CMT's safe driving technology. CMT's market leading telematics platform, DriveWell, will power the new program, enabling Branch to reward its community members with deeper discounts for safe driving.

Branch is based in Columbus, Ohio.

Map showing the location of Branch

Columbus, United States

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Key people

Steve Lekas Co-Founder & CEO
Joe Emison Co-Founder & CTO