
Spot Insurance
Valuation
$36M
2024 Revenue
$60.8M
Funding
$0
Team
35
Founded
2017
How Spot Insurance CEO Matt Randall grew Spot Insurance to $60.8M revenue with a 35 person team in 2024.
We’re on a never-ending journey to change how you think about insurance—again and again. From a pragmatic chore to an opt-in lifestyle, from a transactional relationship to a community of the like-minded. We approach insurance with creativity, continually revisiting, redesigning, and reimagining how it can be a force for better living.
Last updated
Spot Insurance Revenue
In 2024, Spot Insurance's revenue reached $60.8M. The company previously reported $12M in 2019. Since its launch in 2017, Spot Insurance has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Spot Insurance Hit $60.8m revenue in June 2024 | |
| 2019 | Spot Insurance Hit $12m revenue in October 2019 | |
| 2017 | Launched with $0 revenue |
Spot Insurance Valuation, Funding Rounds
Spot Insurance's most recent disclosed valuation is $36M.
Spot Insurance is a bootstrapped SaaS startup. Founded in 2017, Spot Insurance has grown to $60.8M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Spot Insurance has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Spot Insurance Employees & Team Size
Spot Insurance employs approximately 35 people as of 2026, down from 60 in 2023.
Spot Insurance has 35 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 35 employees (December 2024) |
| 2024 | Reached 60 employees (October 2024) |
| 2023 | Reached 60 employees (October 2023) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Spot Insurance yet.
Frequently Asked Questions about Spot Insurance
What is Spot Insurance's revenue?
Spot Insurance generates $60.8M in revenue.
Who founded Spot Insurance?
Spot Insurance was founded by Matt Randall.
Who is the CEO of Spot Insurance?
The CEO of Spot Insurance is Matt Randall.
How much funding does Spot Insurance have?
Spot Insurance raised $0.
How many employees does Spot Insurance have?
Spot Insurance has 35 employees.
Where is Spot Insurance headquarters?
Spot Insurance is headquartered in Austin, Texas, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
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