Spot Insurance
Valuation
$36M
2024 Revenue
$60.8M(Est.)
Funding
$0
Team
35
Founded
2017
Spot Insurance Revenue & Valuation (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 | Source |
|---|---|---|
| 2024 | Spot Insurance Hit $60.8m revenue in June 2024 | Estimated |
| 2019 | Spot Insurance Hit $12m revenue in October 2019 | |
| 2017 | Launched with $0 revenue |
Spot Insurance Valuation, Funding Rounds
Spot Insurance reached a $36M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $36M | - |
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.
Spot Insurance Employees & Team Size
Spot Insurance employs approximately 35 people as of 2026, down from 60 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 35 employees (December 2024) | |
| 2024 | Reached 60 employees (October 2024) | |
| 2023 | Reached 60 employees (October 2023) |
Frequently Asked Questions about Spot Insurance
What is Spot Insurance's revenue?
Spot Insurance generates an estimated $60.8M in annual 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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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