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Obie

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An insurtech platform that provides landlord insurance to residential real estate investors.

HQ

Chicago, IL, USA

N/A

N/A

Founded
2017
Company
Valuation
Contacts
Obie is an insurtech platform that provides landlord insurance to residential real estate investors. The company’s platform leverages multiple databases to apply unique algorithms that analyze over 1,000 data points to offer an instant quote process, which allows for a more accurate assessment of risk and the ability to more efficiently underwrite policies, resulting in faster quote generation.
Obie was founded in 2017 by Aaron Letzeiser and Ryan Letzeiser.
Employees
86
As of May 18, 2023
Total Raised to Date
$39,200,000
4 Months Since Last Deal
Last Deal Details
$25,500,000
Series B (May, 2023)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Insurance, API
Technology
Workflow Automation
Tags
InsurTech, PropTech

Operating Model

Model Type(s)
Financial
Revenue Type(s)
Recurring
Customer Type(s)
Consumers, SMB
Geographic Exposure
USA
Total Customers
10,000 +
Retention Range
95 - 100%

Obie - FAQ

When was Obie founded?
Obiewas founded in 2017.
Where is Obie’s headquarters located?
Obie’sheadquarters is located in Chicago, IL, USA.
How many employees does Obie have?
Obiehas 86 employees as of May 18, 2023.
How much has Obie raised to-date?
As of September 18, 2023,Obiehas raised a total of $39.20 million (USD) since 2017.
When was Obie’s last funding round?
Obie’smost recent funding round was for $25.50 million (USD) in May 2023.
How many customers does Obie have?
Obiehas an estimated 10,000 + customers as of May 18, 2023.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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