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2024 Revenue

$33.1M

Customers

20K

Funding

$42.4M

YOY

1,045.4%

Avg ACV

$1.7K

Team

166

Founded

2015

How Embroker CEO Matt Miller grew Embroker to $33.1M revenue and 20K customers in 2024.

Intelligent Startup Insurance

Last updated

Embroker Revenue

In 2024, Embroker's revenue reached $33.1M. The company previously reported $3.7M in 2024. Since its launch in 2015, Embroker has shown consistent revenue growth.

Embroker Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M201520172019202120232024$0$1M$3M$33MSource: GetLatka.com
YearMilestone
2024Embroker Hit $33.1m revenue in November 2024
2024Embroker Hit $3.7m revenue in October 2024
2023Embroker Hit $2.9m revenue in December 2023
2020Embroker Hit $1.2m revenue in January 2020
2015Launched with $0 revenue

Embroker Valuation, Funding Rounds

Embroker has not publicly disclosed its valuation. The company has raised $42.4M in total funding to date.

Embroker has raised $42.4M in total funding across 3 rounds, most recently a $28M Series B round in 2018.

Embroker Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$10M$20M$30M$40M$50M20152016201720182015 cumulative: $2M • 2015 Seed Round: $2M2016 cumulative: $14M • 2015 Seed Round: $2M • 2016 Series A: $12M2018 cumulative: $42M • 2015 Seed Round: $2M • 2016 Series A: $12M • 2018 Series B: $28M$42MSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Series B$28M--
2016Series A$12.2M--
2015Seed Round$2.2M--

Embroker Employees & Team Size

Embroker employs approximately 166 people as of 2026, down from 226 in 2023.

Embroker has 166 total employees in different roles and functions and 18 sales reps that carry a quota. They have 20K customers that rely on the company's solutions.

Embroker Team GrowthReported headcount over time05010015020025020152017201920212023202400166166Source: GetLatka.com
YearMilestone
2024Reached 166 employees (October 2024)
2023Reached 226 employees (December 2023)
2022Reached 228 employees (December 2022)
2021Reached 204 employees (December 2021)
2020Reached 122 employees (December 2020)
2020Reached 108 employees (June 2020)
2020Reached 109 employees (January 2020)
2019Reached 100 employees (December 2019)
2018Reached 76 employees (December 2018)

Founder / CEO

Matt Miller

Founder and CEO of Embroker - looking for talented, obsessive people to join us in building the first great commercial insurance company of the 21st century

Q&A

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Customers

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Frequently Asked Questions about Embroker

What is Embroker's revenue?

Embroker generates $33.1M in revenue.

Who founded Embroker?

Embroker was founded by Matt Miller.

Who is the CEO of Embroker?

The CEO of Embroker is Matt Miller.

How much funding does Embroker have?

Embroker raised $42.4M.

How many employees does Embroker have?

Embroker has 166 employees.

Where is Embroker headquarters?

Embroker is headquartered in San Francisco, California, 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.

Company data last updated .

Embroker Revenue 2024: $33.1M ARR, $42.4M Raised