Columbus-based insurance startup Branch has closed a $24 million Series A funding round, enabling it to take its rapid underwriting and quoting technology nationwide.
Co-founder Steve Lekas, who has spent more than 18 years in the insurance industry, estimates the company could grow from 25 employees to 150 by mid-2021. About 1,000 customers have signed up as Branch policyholders—600 in Ohio—since it launched last fall. It has offices in the Short North.
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Story excerpt provided by Columbus CEO.
Written by Katy Smith.
Originally published July 22, 2020.