Amount Raised
$16 Million
Round Type
Series A
MidvaleInsuranceDescription
Bamboo Ide8 Insurance Services, LLC ("Bamboo"), a reimagined insurance company with a commitment to simplicity, transparency and customer advocacy, announced today the $16 million close of its Series A round. Since launch, Bamboo has raised $75 million in financing to support organic growth in California, the build out of a retail agency and the launch of a Bermuda domiciled captive insurance entity. The round was led by Eos Venture Partners, a firm with deep insurance industry expertise focused on InsurTech investing, with participation from existing investors.
Quick answer
Bamboo raised $16 Million in a Series A round, dated September 19, 2022. Bamboo is based in Midvale, Utah, United States.
- How much did Bamboo raise?
- Bamboo raised $16 Million in a Series A round on September 19, 2022.
- What does Bamboo do?
- After successfully refining our underwriting model and distribution capabilities over the past 3 years in the California market, Bamboo will now embark on a product and geographic expansion plan while remaining true to..
- Where is Bamboo based and how big is it?
- Bamboo is based in Midvale, Utah, United States. Fundz records about 210 employees.
- Who are the decision-makers at Bamboo?
- Fundz holds 3 contacts at Bamboo, including the Chief Revenue Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Bamboo that raised within 45 days of this round, from Fundz verified event records.
- Cover Genius raised $70M (Funding Round) on November 1, 2022.
- Kin Insurance raised $145M (Debt Financing) on October 28, 2022.
- LogRock raised $2M (Seed) on October 27, 2022.
- Perfuturo raised an undisclosed amount on October 13, 2022.
- Elpha Secure raised $20M (Series A) on October 6, 2022.
- Amplify raised an undisclosed amount on October 3, 2022.
Who to call at Bamboo, and when
A new round usually means Bamboo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bamboo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bamboo, from your own LinkedIn network
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Funding Insights
What this usually meansBamboo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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