The Zebra Raises $38.5M for Insurance Comparison Site After 200% Growth in 2019
The Zebra, which operates an insurance comparison site, announced today it raised a $38.5 million Series C led by Accel.
Other existing backers Silverton Partners, Daher Capital, Floodgate Fund and Ballast Point Ventures all participated in the latest round, along with new investor Weatherford Capital.
The investment brings The Zebra’s total raised to $101.5 million since it was co-founded in 2012 by Joshua Dziabiak. The Austin-based company last raised $40 million in an Accel-led Series B in September 2017. As part of that funding round, Accel and The Zebra tapped Keith Melnick, former president of travel metasearch engine Kayak as its new CEO.
“We like to think of The Zebra as the ‘Kayak of Insurance,’” Melnick told me. “We’re basically creating a virtual insurance agency.”
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