When was Coalition founded?

Coalition was founded in 2017 and became a unicorn in 2021, reaching the milestone in 4 years. It raised its 1st funding round 1 year after its incorporation.

Where is Coalition located?

Coalition is headquartered in San Francisco, United States.

Which legal entities is Coalition associated with?

Coalition is associated with COALITION, INC. and 4 others.

How many employees does Coalition have?

As of Aug 31, 2026, the latest employee count at Coalition is 704.

Is Coalition a funded company?

Coalition is a funded company, having raised a total of $800M across 8 funding rounds to date. The company's 1st funding round was a $10M Series A round, raised on Feb 28, 2018.

How much is Coalition worth?

The latest valuation of Coalition is $5B as of Dec 31, 2022.

When was the latest funding round of Coalition?

Coalition's latest funding was a $118K Grant (prize money) round on Sep 23, 2025, with participation from 0 investor. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.07B in funding in 2026 to date.

Is Coalition a Insurance IT company?

The primary sectors of Coalition are Insurance IT and Internet First Insurance Platforms.

Where does Coalition rank among its competitors?

Coalition ranks 3rd amongst 394 active competitors, of which 55 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Coalition, which secured $118K in Sep, 2025.

Who are the top competitors of Coalition?

Coalition's top competitors include Palantir, Vanta and AuditBoard. Among them, Coalition secured the most recent funding round in September, 2025.

Coalition - 2026 Company Profile, Team, Funding & Competitors

Coalition is a series F company based in San Francisco (United States), founded in 2017 by John Hering. It operates as an Online property and casualty insurance platform for businesses. Coalition has raised $800M in funding from investors like Ribbit Capital, Valor Equity Partners and Index Ventures, with a current valuation of $5B. The company has 394 active competitors, including 55 funded and 40 that have exited. Its top competitors include companies like Palantir, Vanta and AuditBoard.

Sectors and market segments that Coalition operate in

Coalition serves in the FinTech, InsurTech market segments.The primary business model of Coalition are:

Company Details

Online property and casualty insurance platform for businesses. It provides coverage for error and omission and cyber insurance. It offers coverage for professional liability, computer replacement, lost business income, breach response costs, and more. It also features claims settlement services. It offers solutions for multiple industries including healthcare, retail, IT, legal, energy, and more.

Website: www.coalitioninc.com/
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Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Series F

Total Funding

$800M in 8 rounds

Latest Funding Round

Grant (prize money), Sep 23, 2025, $118K

Post Money Valuation

$5B as on Dec 31, 2022

Investors

Ribbit Capital & 17 more

Ranked

3^rd among 394 active competitors

Employee Count

704 as on Aug 31, 2026

Investment & Acquisitions

Wirespeed & 5 more

Similar Companies

Stoïk & 83 more

View Coalition's full profile

Coalition is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BinaryEdge AG CIN: 1217935 , Switzerland, Active	Feb 18, 2020	-	-	-
COALITION INSURANCE SOLUTIONS, INC. CIN: 759907 , United States, Active	Aug 11, 2023	-	-	-
COALITION INCIDENT RESPONSE INC CIN: 32082136121 , United States, Active		-	-	-
COALITION INSURANCE SOLUTIONS PTY LTD CIN: 657140791 , Australia, Active	Feb 07, 2022	-	-
COALITION, INC. CIN: 820756527 , United States, Active	Mar 06, 2017	-	540 (As on Dec 31, 2024)	-

Coalition has raised a total funding of $800M over 8 rounds. Its first funding round was on Feb 28, 2018. Coalition has 16 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Coalition:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 23, 2025	$118K	Grant (prize money)	-	-	-	-
Mar 03, 2025	$30M	Series F	-	-	-	Mitsui Sumitomo Insurance
Jul 08, 2022	$250M	Series F	$5B	-	Allianz X	Valor Equity Partners, Kinetic

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View details of Coalition's funding rounds and investors

The founders of Coalition is John Hering.

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

John Hering: Co-Founder of Coalition. They are also an angel investor in 2 startups and serve on the boards of 2 companies.

Coalition's Board of Directors

Coalition's board has 4 active members. Shardul Shah, John Hering, Joshua Motta and Nick Shalek are independent board members.

Here is the list of Coalition's board of directors:

Name	Type	Representing	Status	Duration
Shardul Shah	Independent board member	-	Current	4y 2m
John Hering	Independent board member	-	Current	4y 2m
Joshua Motta	Independent board member	-	Current	4y 2m
Nick Shalek	Independent board member	-	Current	4y 2m

View details of Coalition's Founder profiles and Board Members

Coalition's employee count trend

Coalition has 704 employees as of Aug 26. Here is Coalition's employee count trend over the years:

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Top competitors of Coalition include Palantir, Vanta and AuditBoard. Here is the list of Top 10 competitors of Coalition, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Artis Ventures & 171 others	84/100
2nd	Vanta 2018, San Francisco (United States), Series D	Provider of a platform for automating security and compliance programs	$504M	Sequoia Capital, Wellington & 22 others	74/100
3rd	Coalition 2017, San Francisco (United States), Series F	Online property and casualty insurance platform for businesses	$800M	T. Rowe Price, General Atlantic & 16 others	71/100
4th	AuditBoard 2014, Cerritos (United States), Acquired	Developer of software for governance risk and compliance management systems	$43.6M	Vebu, Mucker & 6 others	69/100
5th	At-Bay 2016, Mountain View (United States), Acquired	Online cyber insurance platform for businesses	$258M	Lightspeed Venture Partners, Icon Ventures ... & 17 others	68/100
6th	Axio Global 2016, New York City (United States), Acquired	Provider of cyber risk management, mitigation, and insurance solutions	$30M	NFP Venture, IA Capital Group & 5 others	65/100
7th	Mitratech 1987, Austin (United States), Acquired	Provider of solutions for third party risk management to banks	-	TA Associates, HgCapital Trust & 5 others	65/100
8th	Secoda 2021, Toronto (Canada), Acquired	Provider of an AI platform for data and analytics solutions	$16.3M	Craft Ventures, Y Combinator & 9 others	65/100
9th	Resilience 2016, San Francisco (United States), Series D	Provider of risk management services for investment industries	$325M	Lightspeed Venture Partners, Founders Fund ... & 12 others	65/100
10th	Zendrive 2013, San Francisco (United States), Acquired	AI-enabled platform offering driver behavior monitoring and analysis solutions	$60M	First Round Capital, XL Innovate & 19 others	64/100