Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Branch is a Columbus-based insurtech and Public Benefit Corporation that uses data, automation, and a community-oriented reciprocal insurance model to make personal insurance simpler and more affordable. Its platform enables customers and partners to obtain bindable insurance quotes quickly, often beginning with only a name and address.
Primary product
Digitally distributed bundled home and auto insurance, with optional umbrella, renters, and life-insurance offerings; Branch also provides an embedded Quote to Bind GraphQL API for partners.
Founded
2017
Headquarters
20 E Broad St, Suite 1200, Columbus, Ohio 43215, United States
Team size
150-200
Work style
Remote
Industry
Insurance
Sub-industry
Insurtech and personal-lines property and casualty insurance
Offices
Business model
Stage
Series D
Total raised
$280M
Latest round
Series D · Oct 2024
Latest amount
$51M
Oct 2024 · American Family Ventures and HSCM Ventures
Jun 2022 · Weatherford Capital
Jun 2021 · Anthemis Group
Jul 2020 · Greycroft and HSCM Bermuda
Jun 2019 · SCOR Ventures
Jan 2018 · Greycroft
Leadership
Co-founder and Chief Executive Officer
Co-founder and Chief Technology Officer
Chief Claims Officer
Vice President, Head of Product
Branch emphasizes community, transparency, collaboration, inclusion, and mission-driven work. It is a Certified B Corporation and Public Benefit Corporation. The company has described a culture built around 'getting each other's back,' remote-first collaboration, employee development, and expanding access to technology careers through paid training and developer bootcamp programs.
Work style
Remote
Visa sponsorship
No
Compensation
Public job postings show role-specific ranges such as approximately $59,500-$85,000 for Claims Specialist II, $72,540-$80,600 for Senior Implementation Specialist, and about $200,000 for a senior product leadership role. Postings also cite equity, bonuses, above-market pay, and 401(k) matching. Branch states that it cannot sponsor or take over employment-visa sponsorship.
Benefits
Pricing
Risk-based insurance premiums quoted per policy, with savings associated with bundling home and auto coverage and Branch's lower-friction distribution model. The reciprocal structure is described by secondary sources as charging a management fee, but exact current pricing varies by state, risk, coverage, and underwriting inputs.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$50 million-$100 million annually; one third-party company profile estimates approximately $54.2 million
Estimated monthly visits
49.3K
Traffic estimate as of Jun 2026
Branch announced a workforce reduction attributed to persistent inflation and ongoing challenges in the insurance industry. Media reports cited approximately 55 to 186 affected employees, while Branch did not publicly confirm a specific number.
SourceBranch conducted a second reported round of layoffs. Coverager sources cited approximately 85 affected employees, while Branch said that figure overstated the impact and did not disclose its own number. Branch cited inflation, loss-cost pressure, and the need to protect business strength.
SourceBranch Insurance Exchange reported a $70.6 million net underwriting loss through September 30, 2023, according to contemporaneous industry reporting.
SourceThe 2023-2024 layoffs and underwriting losses indicate material exposure to catastrophe costs, inflation, loss-ratio management, and insurance-capital requirements. Later reporting described corrective actions including rate increases, underwriting changes, expense reductions, and reduced catastrophe exposure.
SourceCoverager · Mar 2026
Branch's reciprocal exchange reported lower underwriting losses than in 2024, while Branch highlighted a 60% adjusted loss ratio, nine consecutive quarters of improvement, AI-enabled claims operations, and the launch of Ember Mutuals.
Branch on LinkedIn · Feb 2026
Branch reported that cAItlin handled approximately 85% of its first-notice-of-loss process and 56% of member support calls about claims, with an average interaction time of 3 minutes and 22 seconds.
Branch / Charles Wendland on LinkedIn · Jan 2026
Branch and partners launched Ember Mutuals to provide technology, underwriting, regulatory, claims, reinsurance, and talent support to mutual insurance carriers while preserving their independence.
Akur8 · Oct 2025
Branch adopted Akur8 for actuarial pricing workflows, including automated feature engineering, model development, and geospatial risk modeling intended to improve pricing precision and speed.
The Insurer · Oct 2024
The reported Series D was intended to support Branch's path toward profitability and expansion, including a planned life-insurance offering.
3 jobs at Branch Insurance