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Embroker

Digital insurance platform for tech businesses

Overview

Embroker provides a digital-first platform for business insurance aimed at tech companies and startups. It offers tailored policies (including Directors & Officers, Employment Practices Liability Insurance, and Cyber Liability) through instant online quotes and streamlined coverage, with a Startup Package that helps early-stage firms secure insurance quickly and at potential cost savings. The platform works by generating instant quotes and data-driven coverage recommendations, and by integrating with clients’ HR systems to simplify managing insurance benefits. Unlike traditional brokers, Embroker focuses on speed, transparency, and customization for tech businesses, enabling quotes in minutes and full coverage in about ten minutes. The company's goal is to make obtaining appropriate, affordable insurance fast and easy for startups and established tech firms, reducing friction in the insurance-buying process.

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About Embroker

Simplify's Rating
Why Embroker is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise SoftwareFinancial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$170.4M

Headquarters

San Francisco, CA

Founded

2015

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What believers are saying

  • August 19, 2026 EMIS improved pricing and same-session underwriting, shortening purchase cycles.
  • Andy Lea joined May 2026, strengthening underwriting execution and product launches.
  • Consultants and financial-services programs broaden distribution beyond startups, expanding addressable market.

What critics are saying

  • Embroker replaced legacy management-liability products, risking renewals disruption and customer churn in 2026.
  • Headcount proxies fell to 125-167 by 2025, signaling stalled scaling.
  • Everspan underwriting concentration creates existential platform risk if capacity or claims terms tighten.

What makes Embroker unique

  • August 19, 2026 EMIS unifies D&O, EPL, fiduciary, and cyber underwriting.
  • Embroker Access sells through brokers and direct founders on one workflow.
  • EMIS expands beyond tech into professional services, construction, wholesale trade.

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Funding

Total Funding

$170.4M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
$62M
$100M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Parental Leave
  • Family Planning Benefits

Growth & Insights and Company News

6 month growth

0%

1 year growth

-5%

2 year growth

0%
PR Newswire
Aug 19th, 2026
Embroker launches EMIS, a comprehensive management liability offering for private companies that can be bundled or purchased standalone.

Embroker launches EMIS, a comprehensive management liability offering for private companies that can be bundled or purchased standalone. Aug 19, 2026, 08:00 ET EMIS replaces legacy product offerings with more competitive pricing, expanded eligibility, and a single digital application covering D&O, EPL, Fiduciary, and Tech E&O/Cyber, eliminating the need for multiple, separate applications. SAN FRANCISCO, Aug. 19, 2026 /PRNewswire-PRWeb/ - Embroker, a digitally-native business insurance company with over a decade of experience, today announced the launch of its Embroker Management Insurance Suite (EMIS), a comprehensive management liability product built to serve private companies - from pre-revenue startups to established businesses. EMIS consolidates and replaces Embroker's two previous management liability products into a consolidated offering. "Private companies have historically had to piece together management liability coverage through multiple applications, multiple underwriters, and multiple timelines just to get D&O, EPL, Fiduciary, and Tech E&O/Cyber coverage in place. EMIS brings all of that into one application and one underwriting flow. It's a more competitive, more complete product built around how private companies actually want to buy insurance - simply and quickly," said Andy Lea, Chief Insurance Officer at Embroker. What's changing EMIS is open to a broader set of companies than either legacy offering. EMIS extends beyond tech, serving private companies across professional services, manufacturing, construction, wholesale trade, and other industries. Updated rates insure the coverage is priced competitively for today's market. EMIS brings four coverages into one application: * Directors & Officers (D&O) liability, protecting the personal assets of executives, officers and board members * Employment Practices Liability (EPL), covering claims like wrongful termination, discrimination, and harassment * Fiduciary Liability, covering mismanagement of employee benefit plans such as 401(k)s and health plans * Technology Errors & Omissions / Cyber Liability, available to eligible technology companies, covering claims arising from product failures and data breaches Companies can select individual coverages or buy as a bundle, and applicants may receive an underwriting response in the same session, replacing a process that has traditionally taken days or weeks. At present, existing legacy policyholders are not required to switch and will continue to renew their current products; those legacy products are no longer available to new customers. EMIS applies to new business only, unless a current policyholder wants to go through a new business application process in order to take advantage of EMIS updates. Availability EMIS is available now through Embroker's direct channel for founders and finance leaders applying on their own, and through Embroker's broker network via Embroker Access. About Embroker Founded in 2015, Embroker has spent over a decade building a digitally-native business insurance company designed to use technology to unlock better pricing and more efficient risk transfer for private companies. Embroker's Management Insurance Suite is underwritten by Everspan Indemnity Insurance Company (AM Best: A- Excellent) and backed by a coalition of A-rated reinsurers. Media Contact SOURCE Embroker

Morningstar
Mar 20th, 2025
Industry Veteran Stephen Easley Joins Embroker as Vice President of Underwriting

Embroker, the digital platform making it radically simple to get business insurance, today announced the appointment of Stephen Easley as Vice President of Underwriting.

Reinsurance News
Nov 20th, 2024
Embroker report reveals 93% of startups now use cyber insurance

Embroker, a digital insurance platform simplifying the insurance process for businesses, has released its "2024 Cyber Risk Index: Startup Edition," revealing a steady rise in cyber insurance adoption with a focus on simplicity, resilience, and investor appeal in a shifting cyber risk landscape.

The Insurer
Oct 15th, 2024
Embroker partners with Everspan to digitise insurance through Embroker's ONE platform

Embroker partners with Everspan to digitise insurance through Embroker's ONE platform.

Coverager
Oct 9th, 2024
Embroker Rebrands

Embroker has launched a redesigned website to simplify the business insurance process, emphasizing clarity, transparency, and user-friendliness.The updated platform features enhanced navigation, better-organized content, and faster performance, making it easier for businesses to find information, explore coverage options, and apply for insurance. The new site reflects Embroker’s commitment to creating a more accessible and human-centered digital experience for clients, while maintaining their focus on technology-enabled solutions. “Most importantly, we wanted our digital presence to reflect the human side of our business. Behind every policy is a team of real people committed to supporting your business journey. Our new website aims to bring that human touch to the forefront, while ensuring a streamlined, technology-enabled experience that gets you the coverage you need, when you need it.”

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