Bamboo Insurance - About the company
Bamboo Insurance is an acquired company based in Gold River (United States), founded in 2017 by John Chu. It operates as an Online comparison platform for property & casualty insurance. Bamboo Insurance has raised $40.9M in funding from Eos Ventures. The company has 22 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Vouch, Branch and Pier.
Company Details
Online comparison platform for property & casualty insurance It offers insurance products including homeowners insurance, property insurance, flood insurance, and earthquake insurance. It also offers auto insurance.
- Website
- bambooinsurance.com
- Email ID
- *****@bambooinsurance.com
- Phone Number
- +1 **********
- Registered Address
- Gold River, California
Key Metrics
Founded Year
2017
Location
Gold River, United States
Stage
Acquired
Total Funding
$40.9M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 22 active competitors
Annual Revenue
£18.9K as on Oct 31, 2023
Employee Count
100 as on Dec 31, 2023
Exit Details
Acquired by White Mountains (Oct 20, 2023)
Legal entities associated with Bamboo Insurance
Bamboo Insurance is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BAMBOO IDE8 INSURANCE SERVICES, LLC CIN: 6243895 , United States, Active | Aug 13, 2021 | - | 1 (As on Dec 31, 2022) | - |
BAMBOO IDE8 INSURANCE SERVICES LLC CIN: 823549208 , United States, Active | Dec 31, 1999 | - | 174 (As on Dec 31, 2024) | - |
BAMBOO FOR HOME AND OFFICE LIMITED CIN: 9823582 , United Kingdom, Active | Oct 13, 2015 | $12.5K (As on Oct 31, 2024) | 1 (As on Oct 31, 2024) |
Bamboo Insurance's acquisition details
Bamboo Insurance got acquired by White Mountains on Oct 20, 2023. It was facilitated by Cravath, Willkie Farr & Gallagher, Howden Tiger and 1 more.
Click here to take a look at Bamboo Insurance's acquisition in detail
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Bamboo Insurance's funding and investors
Bamboo Insurance has raised a total funding of $40.9M over 3 rounds. Its first funding round was on Aug 07, 2017. Bamboo Insurance has 3 institutional investors.
Here is the list of recent funding rounds of Bamboo Insurance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2023 | 1793530 | Series B | 8617426 | 8487624 | 1815659 | 7102525 |
Sep 19, 2022 | 7123454 | Series A | 8307769 | 9482587 | 4755729 | 8267737 |
Aug 07, 2017 | 3603508 | Series A | 9691323 | 5402727 | 6603364 | 8231445 |
View details of Bamboo Insurance's funding rounds and investors
Bamboo Insurance's founders and board of directors
Founder? Claim ProfileHere are the details of Bamboo Insurance's key team members:
- John Chu: Founder & CEO of Bamboo Insurance. Contact Info: 1 email address
View details of Bamboo Insurance's Founder profiles and Board Members
Bamboo Insurance's employee count trend
Bamboo Insurance has 100 employees as of Dec 23. Here is Bamboo Insurance's employee count trend over the years:
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Bamboo Insurance's Competitors and alternates
Top competitors of Bamboo Insurance include Vouch, Branch and Pier. Here is the list of Top 10 competitors of Bamboo Insurance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Vouch 2018, San Francisco (United States), Series D | Online property insurance platform for businesses | $203M | 66/100 | |
2nd | Branch 2017, Columbus (United States), Series D | Provider of auto and home insurance solutions | $280M | 63/100 | |
3rd | Pier 2018, United States, Series B | App-based P&C insurance platform for individuals | $50.5M | 57/100 | |
4th | Bamboo Insurance 2017, Gold River (United States), Acquired | Online comparison platform for property & casualty insurance | $40.9M | 51/100 | |
5th | BiBERK 2016, Stamford (United States), Unfunded | Small Business insurance provider | - | - | 45/100 |
6th | Wax Collect 2018, New York City (United States), Seed | Platform for insuring valuables | $10M | 39/100 | |
7th | Indiana Farmers 1877, Indianapolis (United States), Unfunded | Internet first insurer | - | - | 37/100 |
8th | Goodcover 2017, San Francisco (United States), Series A | Provider of renters insurance with a cooperative member dividend model | $9.02M | 36/100 | |
9th | Concord Group Insurance 1928, Concord (United States), Unfunded | Provider of insurance products through independent agents | - | - | 35/100 |
10th | Co-operative Insurance Companies 1915, Middlebury (United States), Unfunded | P&C insurance platform for individuals and businesses | - | - | 33/100 |
Looking for more details on Bamboo Insurance's competitors? Click here to see the top ones
Bamboo Insurance's Investments and acquisitions
Bamboo Insurance has made no investments or acquisitions yet.
News related to Bamboo Insurance
Media has covered Bamboo Insurance for a total of 9 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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White Mountains Completes Sale of Bamboo to CVC Capital PartnersInsurance Journal•Dec 08, 2025•Bamboo Connect, White Mountains, CVC, Bamboo Insurance
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White Mountains to Gain $325 Per Share From Bamboo SaleInsurance Business America•Nov 07, 2025•White Mountains, Bamboo Insurance
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White Mountains announces $1.75bn Bamboo deal with CVC while retaining 15% equity stakeBusiness News Today•Oct 03, 2025•White Mountains, CVC, BambooHR, CVC Brasil and 1 other
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Bamboo Ide8 and Accredited complete reinsurance program for E&S Signature program.Reinsurance News•Sep 30, 2025•Accreditedinsurance, Bamboo Insurance
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Bamboo Insurance Expands Into Texas Homeowners Insurance MarketPR Newswire•Sep 19, 2025•Bamboo Insurance
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Bamboo Insurance & Accredited Partner Expand Homeowners Coverage in CaliforniaInsurance Journal•Sep 18, 2025•Bamboo Insurance, Accreditedinsurance
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Bamboo Insurance Partners with Incline P&C Group to Expand Homeowners Insurance in CaliforniaReinsurance News•Apr 07, 2025•Bamboo Insurance, Incline P&C Group
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