Layr logo — Purpose-built insurance technology company focused on the ne...

Layr

Purpose-built insurance technology company focused on the needs of agencies and brokers.

Founded 2016 United States Atlanta, United States 64 employees Venture round Total: $25.63M AI, Financial Services +4

General Information

Company Name Layr
Founded Year 2016
Location United States Atlanta, United States
Employees 64
Industries AI, Financial Services, Fintech +3
Funding Stage Venture round
Social

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About Layr

Layr is a purpose-built insurance technology company focused on the needs of agencies and brokers. Founded in 2016, Layr operates in the AI, Financial Services, Fintech, Insurance, Insurtech, and Internet industries, with its headquarters in the United States. The company recently secured a significant $10.00M Venture Round investment on 24 October 2023, with participation from notable investors including Flyover Capital, Sandbox Sustainability Ventures, Cota Capital, Hudson Structured Capital Management, and The K Fund. Layr's primary focus is to provide an insurtech platform tailored for efficient small commercial operations. The company has developed a white-labeled, technology-first experience specifically designed to modernize small commercial insurance policyholder experiences. This innovative approach aims to enable brokerages of all sizes to effectively keep their clients happy while empowering brokers to concentrate on pursuing higher revenue. Overall, Layr's strategic positioning within the insurance technology sector, coupled with its recent substantial investment, underscores its potential for growth and impact in the market.

Business keywords: Insurtech, Commercial Insurance, Insurance Technology, Small Business, Insurance Brokerage, AI and Machine Learning, Cyber Liability Insurance, Business Insurance, Insurance Automation, Technology Platform, Commercial Operations, Brokerage Services

Funding Rounds & Investors (4)

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Funding Stage Amount Investors Lead Investors Date
Venture Round $10.00M 5
Flyover Capital, Sandbox Sustainability Ventures +3
24 Oct 2023
Series A $10.00M 5
Sandbox Sustainability Ventures, Partners Group +3
21 Mar 2022
Seed Round $5.00M -
01 Jul 2020
Pre Seed Round $625.00K -
01 Jul 2019

Layr Alternatives & Competitors

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FAQ About Layr

Purpose-built insurance technology company focused on the needs of agencies and brokers.
Layr was founded in 2016.
Layr is headquartered in Atlanta, United States.
Layr operates in AI, Financial Services, Fintech, Insurance, Insurtech and Internet. Its work centres on Insurtech, Commercial Insurance, Insurance Technology and Small Business.
Layr has approximately 64 employees.
Layr has completed 4 funding rounds, raising a total of $25.63M. The latest funding stage is Venture round.
Top alternatives and competitors to Layr include Brolly, Thinksurance, CoverWallet, an Aon company, APOLLO Insurance, Pogo Insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Layr and Brolly are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Layr, https://bouncewatch.com/company/layr, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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