What is Thimble?
Founded in 2016, Thimble Insurance Services, Inc. operates as a licensed insurance producer. The company specializes in providing general liability insurance tailored for a diverse range of clients, including events, consultants, and small businesses. Thimble's innovative approach aims to streamline the insurance procurement process for these often underserved markets, offering flexible and accessible coverage solutions.
How much funding has Thimble raised?
Thimble has raised a total of $22M across 1 funding round:
Series A
$22M
Series A (2019): $22M, investors not publicly disclosed
What's next for Thimble?
The recent major strategic investment signals a pivotal growth phase for Thimble. This capital infusion is expected to fuel expansion initiatives, potentially including product development, market penetration, and enhancement of its digital platform. The company's focus on simplifying general liability insurance for small businesses and event organizers positions it for continued scaling and increased market share in the InsurTech landscape.
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