Fundz

Rainbow Announces $12 Million In Funding To Transform Small Business Insurance Underwriting

PRIVATEJan 10, 2024

Amount Raised

$12 Million

Round Type

Funding Round

San FranciscoFinanceInsurance

Investors

Arch Capital Group Ltd.Habitat PartnersBuckley Ventures8VCZigg CapitalAltai VenturesCaffeinated Capital

Description

Rainbow, a digitally-enabled managing general underwriter building tailored small business insurance products, has announced raising $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd.

Quick answer

Rainbow raised $12 Million in a Funding Round round, dated January 10, 2024. Investors: Arch Capital Group Ltd., Habitat Partners, Buckley Ventures, 8VC, Zigg Capital, Altai Ventures and Caffeinated Capital. Rainbow is based in San Francisco, California, United States.

How much did Rainbow raise?
Rainbow raised $12 Million in a Funding Round round on January 10, 2024.
Who invested in Rainbow?
Arch Capital Group Ltd., Habitat Partners, Buckley Ventures, 8VC, Zigg Capital, Altai Ventures and Caffeinated Capital are named as investors in this round.
What does Rainbow do?
Rainbow was formerly known as Temelpa Holdings, Inc. Rainbow is transforming insurance into a positive, risk-preventing force for small businesses, starting with restaurants.
Where is Rainbow based and how big is it?
Rainbow is based in San Francisco, California, United States. Fundz records about 11 employees.
Who are the decision-makers at Rainbow?
Fundz holds 1 contact at Rainbow. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Insurance around the same time

Companies in the same sectors as Rainbow that raised within 45 days of this round, from Fundz verified event records.

  • F&G Annuities & Life raised $250M on January 16, 2024.
  • Datalign Advisory raised $4M (Seed) on February 23, 2024.
  • dub raised $17M (Seed) on February 22, 2024.
  • dub raised $17M (Seed) on February 22, 2024.
  • Credit Acceptance Corporation raised $100M (Funding Round) on February 21, 2024.
  • Crown Global International raised an undisclosed amount on February 21, 2024.

Who to call at Rainbow, and when

A new round usually means Rainbow is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Rainbow raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Rainbow, from your own LinkedIn network

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Company Information

Company

Rainbow

Location

San Francisco, California, United States

About

Rainbow was formerly known as Temelpa Holdings, Inc. Rainbow is transforming insurance into a positive, risk-preventing force for small businesses, starting with restaurants. As your business grows and takes big steps forward (or experience occasional slowdown), we’re here for you behind the scenes. We show up in small ways that proactively prevent claims to help protect everything you’re building.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Rainbow raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Rainbow 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.