When was Obie founded?

Obie was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Obie located?

Obie is headquartered in Chicago, United States. It is registered at Chicago, Illinois.

Who is the current CEO of Obie?

Ryan Letzeiser of Obie. They have also founded 1 company.

How many employees does Obie have?

As of Aug 31, 2026, the latest employee count at Obie is 174.

Is Obie a funded company?

Obie is a funded company, having raised a total of $39.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 15, 2017.

How much is Obie worth?

The last known valuation of Obie was $***** as of Aug 20, 2019.

When was the latest funding round of Obie?

Obie's latest funding was a $***** Series B round on Mar 15, 2023, with participation from 3 investors.

Where does Obie rank among its competitors?

Obie ranks 3rd amongst 11 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Delos, which secured $15.9M in Oct, 2024.

Who are the top competitors of Obie?

Obie's top competitors include Neptune Flood, Delos and Velocity Risk Underwriters. Among them, Delos secured the most recent funding round in October, 2024.

Obie - 2026 Company Profile, Team, Funding & Competitors

Company Details

Insurance solutions for landlords and real estate investors. It offers coverage for rental properties and support customers understand the natural risks in their area through their risk map feature.

Website: www.obieinsurance.com/
Social
Email ID: *****@obieinsurance.com
Phone Number: +1 **********
Registered Address: Chicago, Illinois

Key Metrics

Founded Year

2014

Location

Chicago, United States

Stage

Acquired

Total Funding

$39.7M in 5 rounds

Latest Funding Round

Series B, Mar 15, 2023, $*****

Last Known Valuation

$***** as on Aug 20, 2019

Investors

Battery Ventures & 16 more

Ranked

3^rd among 11 active competitors

Employee Count

174 as on Aug 31, 2026

Similar Companies

Neptune Flood & 7 more

Exit Details

Acquired by The Baldwin Group (Jan 22, 2026)

View Obie's full profile

Obie is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OBIE INSURANCE GROUP, LLC CIN: 32081727086 , United States, Active		-	-	-
OBIE INSURANCE SERVICES, LLC CIN: 5890513 , United States, Active	Dec 04, 2020	-	-	-
CREISOFT, INC. CIN: 462056198 , United States, Active	Dec 31, 1999	-	118 (As on Dec 31, 2024)	-

Obie got acquired by The Baldwin Group on Jan 22, 2026.

Click here to take a look at Obie's acquisition in detail

Obie has raised a total funding of $39.7M over 5 rounds. Its first funding round was on Sep 15, 2017. Its latest funding round was a Series B round on Mar 15, 2023 for $*****. 3 investors participated in its latest round. Obie has 14 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Obie:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 15, 2023	5911536	Series B	1965484	6541554	8751294	2468704
May 26, 2021	1858433	Series A	9586845	7013216	5449011	Thomvest Ventures & 3 more
Feb 04, 2020	4981249	Seed	1115497	7249174	MetaProp NYC & 3 more	Y Combinator & 3 more

Access funding benchmarks and valuations. Sign up today!

View details of Obie's funding rounds and investors

The founders of Obie is Ryan Letzeiser. Ryan Letzeiser is the CEO of Obie.

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

Ryan Letzeiser: Co-Founder & CEO of Obie. They serve on the board of 1 company.
Contact Info: 1 email address

Obie's Board of Directors

Obie's board has 4 active members. Ryan Letzeiser, Michael Brown, Aaron Letzeiser and Stephen Letzeiser are independent board members.

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

Name	Type	Representing	Status	Duration
Ryan Letzeiser	Independent board member	-	Current	8y 10m
jfuugze	Independent board member	-	Current	9y 3m
qeghcwd	Independent board member	-	Current	6y 5m
loorgjd	Independent board member	-	Current	5y 8m

View details of Obie's Founder profiles and Board Members

Obie's employee count trend

Obie has 174 employees as of Aug 26. Here is Obie's employee count trend over the years:

Uncover Obie's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Obie include Neptune Flood, Delos and Velocity Risk Underwriters. Here is the list of Top 10 competitors of Obie, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Neptune Flood 2016, St. Petersburg (United States), Public	Online platform for flood insurance	$12.6M	Bregal Sagemount, FTV Capital & 2 others	66/100
2nd	Delos 2015, San Francisco (United States), Series A	AI-based insurance platform for homeowners insurance against natural disasters	$28.5M	IA Capital Group, HSBC & 17 others	63/100
3rd	Obie 2014, Chicago (United States), Acquired	Insurance solutions for landlords and real estate investors	$39.7M	Harmony Venture Partners, Valley Oak Investments ... & 15 others	61/100
4th	Velocity Risk Underwriters 2015, Nashville (United States), Acquired	E&S specialty property insurance underwriting, blending expertise with data and technology	$131M	-	55/100
5th	ShoreOne Insurance 2019, Sunrise (United States), Acquired	Internet first provider of homeowners and natural calamity insurance services	-	-	39/100
6th	StormPeace 2013, Pleasanton (United States), Unfunded	Platform for Hurricane Insurance policy	-	-	30/100
7th	Assured Risk Cover 2013, Pleasanton (United States), Deadpooled	Offering hurricane insurance coverage using technology and science	-	Indian Angel Network, SenseAI & 2 others	29/100
8th	Titan Flood 2023, Tampa (United States), Seed	AI-based residential flood insurance solution for individuals	$2M	k2 Insurance Services	26/100
9th	Flood Risk Solutions 2017, St Petersburg (United States), Acquired	Internet first provider of flood insurance services	-	-	24/100
10th	TriCoast Insurance 2013, Camarillo (United States), Acquired	Provider of earthquake, hurricane, and flood insurance services	-	-	21/100