When was Cachet founded?

Cachet was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Cachet located?

Cachet is headquartered in Tallinn, Estonia.

Who is the current CEO of Cachet?

Hedi Mardisoo of Cachet. They have also founded 1 company.

Which legal entities is Cachet associated with?

Cachet is associated with Cachet Insurance Broker OÜ and 1 other.

How many employees does Cachet have?

As of May 31, 2026, the latest employee count at Cachet is 40.

Is Cachet a funded company?

Cachet is a funded company, having raised a total of $7.08M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 27, 2020.

When was the latest funding round of Cachet?

Cachet's latest funding was a $***** Series A round on May 18, 2022, with participation from 3 investors.

Where does Cachet rank among its competitors?

Cachet ranks 5th amongst 18 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Zego, which secured $28M in Apr, 2026.

Who are the top competitors of Cachet?

Cachet's top competitors include Zego, Assurely and Buckle. Among them, Zego secured the most recent funding round in April, 2026.

Cachet - 2026 Company Profile, Team, Funding & Competitors

Cachet is a series A company based in Tallinn (Estonia), founded in 2018 by Hedi Mardisoo and Kalle Palling. It operates as an Usage-based P&C insurance platform for the gig economy. Cachet has raised $7.08M in funding from investors like Truffle Capital, Barclays and Icebreaker. The company has 18 active competitors, including 9 funded and 2 that have exited. Its top competitors include companies like Zego, Assurely and Buckle.

Company Details

Usage-based P&C insurance platform for the gig economy. It offers coverage for Taxi motor insurance, The taxa is a casco, Traffic insurance, Casco insurance for regular cars, and Fleet insurance. It also offers roadside assistance.

Website: cachet.me/en/
Social
Email ID: *****@cachet.me

Key Metrics

Founded Year

2018

Location

Tallinn, Estonia

Stage

Series A

Total Funding

$7.08M in 3 rounds

Latest Funding Round

Series A, May 18, 2022, $*****

Investors

Truffle Capital & 9 more

Ranked

5^th among 18 active competitors

Employee Count

40 as on May 31, 2026

Similar Companies

Leytro & 2 more

View Cachet's full profile

Cachet is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cachet Insurance Broker OÜ CIN: 14920263 , Estonia, Active	Feb 24, 2020	-	9 (As on Sep 30, 2024)
CACHET OÜ CIN: 14560702 , Estonia, Active	Sep 05, 2018	$408K (As on Dec 31, 2023)	5 (As on Sep 30, 2024)

Cachet has raised a total funding of $7.08M over 3 rounds. Its first funding round was on Jan 27, 2020. Its latest funding round was a Series A round on May 18, 2022 for $*****. 3 investors participated in its latest round. Cachet has 6 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Cachet:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 18, 2022	1070500	Series A	6712726	2557492	9479366	9381187
Sep 03, 2020	8681474	Seed	3623012	5118848	2723637	Techstars & 6 more
Jan 27, 2020	5078554	Seed	9694454	3655934	Barclays	8531754

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View details of Cachet's funding rounds and investors

The founders of Cachet are Hedi Mardisoo and Kalle Palling. Hedi Mardisoo is the CEO of Cachet.

Here are the details of Cachet's key team members:

Hedi Mardisoo: CEO & Co-Founder of Cachet.
Kalle Palling: Co-Founder of Cachet.

View details of Cachet's Founder profiles and Board Members

Cachet's employee count trend

Cachet has 40 employees as of May 26. Here is Cachet's employee count trend over the years:

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Top competitors of Cachet include Zego, Assurely and Buckle. Here is the list of Top 10 competitors of Cachet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Zego 2016, London (United Kingdom), Series C	Provider of flexible insurance policies for drivers and delivery workers	$310M	DST Global, Balderton Capital & 49 others	65/100
2nd	Assurely 2013, New York City (United States), Acquired	Innovative embedded insurance solutions for evolving businesses and changing industries	$3.7M	ATX Venture Partners, Scout Ventures & 2 others	62/100
3rd	Buckle 2018, Atlanta (United States), Series B	Online insurance platform for rideshare drivers	$91.1M	Hudson Structured Capital Management, Eos Ventures ... & 6 others	50/100
4th	Onsi 2019, London (United Kingdom), Series B	On-demand pay and rewards management platform	$22.6M	Prosus, NFX & 22 others	47/100
5th	Cachet 2018, Tallinn (Estonia), Series A	Usage-based P&C insurance platform for the gig economy	$7.08M	Techstars, Truffle Capital & 8 others	43/100
6th	Mobilitas Insurance 2019, Mount Laurel Township (United States), Unfunded	App-based on-demand auto insurance platform for individuals	-	-	41/100
7th	DigiSure 2019, San Francisco (United States), Series B	Provider of digital insurance management system for mobility and sharing platforms	$13.1M	Morado Ventures, Alchemy Crew & 9 others	39/100
8th	GUARDHOG 2016, London (United Kingdom), Seed	On-demand insurance platform for sharing economy	-	Insurtech Gateway, SEIS & 1 others	37/100
9th	Duuo 1945, Toronto (Canada), Unfunded	On-demand insurance for gig economy	-	-	35/100
10th	Tapoly 2016, London (United Kingdom), Seed	On-demand insurance platform for freelancers and sharing economy	$356K	Alchemy Crew, SFC Capital & 4 others	32/100