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F|T: The FinTech Times - Silicon Valley's hottest startup

F|T: The FinTech Times
F|T: The FinTech Times – Silicon Valley’s hottest startup
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Insurtech: Austin's The Zebra, an Insurance Comparison Tool Provider, Secures $150M via Series D, Achieves Unicorn Status

Austin-based
The Zebra, a company that provides an insurance comparison solution, has secured $150 million in capital through its Series D round. The Zebra has reportedly achieved Unicorn status (valued at $1 billion or more) following its latest round.
The Zebra’s latest investment round size and new valuation are a considerable increasse from the $38.5 million Series C that the company raised in February of last year. The Zebra’s management had not revealed or confirmed its valuation after their February 2020 round, but the company is now valued at more than $1 billion.
The Zebra has not shared the name of the company that led its Series D funding round. However, sources familiar with the matter, cited by TechCrunch, stated that the deal was led by London’s Hedosophia. Existing investors Accell and Weatherford Capital also took part in the recent round. ....

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The Zebra Scoops up New Funding and Becomes a Unicorn

The Zebra has expanded its product suite in recent years, providing it with a more rounded value proposition and fueling its revenue growth. ....

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The Zebra Raises $150 Million to Expand Online Insurance Comparison Operations

Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. "This investment is going ....

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Austin startup the Zebra raises $150 million; now valued at $1 billion

Austin-based insurance startup the Zebra has raised $150 million in one of the biggest funding rounds of the year.
The company also said it now has a valuation of more than $1 billion, which would give it status as a unicorn, which is an industry term for a startup valued at over $1 billion.
I am extremely happy with where the company has gone. While I do think this is a milestone moment to become a unicorn, it still feels like one step along the path, CEO Keith Melnick said. There s still so much opportunity as a company and so much growth potential, I think there s a long runway for growing this company. ....

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