When was Insurate founded?

Insurate was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Insurate located?

Insurate is headquartered in Seattle, United States.

How many employees does Insurate have?

As of Sep 30, 2026, the latest employee count at Insurate is 31.

Is Insurate a funded company?

Insurate is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 04, 2021.

When was the latest funding round of Insurate?

Insurate's latest funding was a $***** Seed round on Oct 04, 2021, with participation from 5 investors.

Where does Insurate rank among its competitors?

Insurate ranks 8th amongst 15 active competitors, of which 9 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was CompScience, which secured $27.6M in Feb, 2025.

Who are the top competitors of Insurate?

Insurate's top competitors include Foresight, Pie Insurance and Kinetic. Among them, CompScience secured the most recent funding round in February, 2025.

Insurate - 2026 Company Profile, Funding & Competitors

Insurate is a seed company based in Seattle (United States), founded in 2019. It operates as a Risk management solutions for agents, carriers, and businesses. Insurate has raised $4.5M in funding from HSCM Ventures. The company has 15 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Foresight, Pie Insurance and Kinetic.

Company Details

Risk management solutions for agents, carriers, and businesses. It offers solutions for realigning workers' comp premiums, healthcare & financial protection, and more. It also offers data science and analytics solutions to identify businesses that are significantly safer than the industry average.

Website: insurate.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Seattle, United States

Stage

Seed

Total Funding

$4.5M in 1 round

Latest Funding Round

Seed, Oct 04, 2021, $*****

Investors

HSCM Ventures & 4 more

Ranked

8^th among 15 active competitors

Employee Count

31 as on Sep 30, 2026

Similar Companies

Foresight & 14 more

View Insurate's full profile

Insurate is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Insurate, Inc CIN: 84-3348285 , United States, Active	Dec 31, 2018	-	-	-

Insurate has raised a total funding of $4.5M over 1 round. Its latest funding round was a Seed round on Oct 04, 2021 for $*****. 5 investors participated in its latest round. Insurate has 5 institutional investors.

Here is the list of recent funding rounds of Insurate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 04, 2021	9558632	Seed	4090231	2264873	2218518	8553873

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Insurate's employee count trend

Insurate has 31 employees as of Sep 26. Here is Insurate's employee count trend over the years:

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Top competitors of Insurate include Foresight, Pie Insurance and Kinetic. Here is the list of Top 10 competitors of Insurate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Foresight 2007, San Francisco (United States), Series B	Online platform for worker compensation insurance	$59M	Transverse, Blackhorn Ventures & 6 others	55/100
2nd	Pie Insurance 2017, Washington, DC (United States), Series D	Online workers' compensation insurance platform for small businesses	$625M	Elefund, Allianz X & 22 others	50/100
3rd	Kinetic 2014, New York City (United States), Series A	Provider of tech-driven injury reduction programs	$15.8M	Crosslink Capital, Primary Venture Partner ... & 14 others	48/100
4th	CompScience 2001, San Francisco (United States), Series B	Provider of insurance policy suite solutions	$43.6M	Working Capital, Sands Capital & 12 others	44/100
5th	Glow 2010, San Francisco (United States), Series A	Online workers compensation insurance platform	$22.5M	Cota Capital, Agile Angel & 9 others	43/100
6th	Breeze 2019, Omaha (United States), Series A	Internet-first platform for disability insurance	$10M	Link Ventures, Northwestern Mutual & 4 others	40/100
7th	Asteya 2018, Miami (United States), Seed	Provider of income insurance policies for individuals unable to work.	$10M	Bhansali Equities, northstar & 7 others	40/100
8th	Insurate 2019, Seattle (United States), Seed	Risk management solutions for agents, carriers, and businesses	$4.5M	Foundation Capital, Revolution & 3 others	38/100
9th	Cerity Services 2002, Austin (United States), Acquired	Workers' compensation insurance designed for small businesses with fast, affordable coverage	-	Capital Factory	30/100
10th	Service Insurance Companies 1982, Austin (United States), Acquired	Provider of workers compensation insurance solutions for companies and their employees	-	-	29/100