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Valuation

$16.2M

2024 Revenue

$5.4M

Funding

$0

Team

51

Founded

2012

How SimplyInsured CEO Vivek Shah grew SimplyInsured to $5.4M revenue with a 51 person team in 2024.

We sell health insurance to small businesses 100% online.

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SimplyInsured Revenue

In 2024, SimplyInsured's revenue reached $5.4M. Since its launch in 2012, SimplyInsured has shown consistent revenue growth.

SimplyInsured Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2012201420162018202020222024$0$5MSource: GetLatka.com
YearMilestone
2024SimplyInsured Hit $5.4m revenue in June 2024
2012Launched with $0 revenue

SimplyInsured Valuation, Funding Rounds

SimplyInsured's most recent disclosed valuation is $16.2M.

SimplyInsured is a bootstrapped SaaS startup. Founded in 2012, SimplyInsured has grown to $5.4M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, SimplyInsured has built its business with no outside investment.

SimplyInsured Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120122012 cumulative: $0 • 2012 Founded: $02012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

SimplyInsured Employees & Team Size

SimplyInsured employs approximately 51 people as of 2026.

SimplyInsured has 51 total employees in different roles and functions.

SimplyInsured Team GrowthReported headcount over time013253850632012201420162018202020222024005151Source: GetLatka.com
YearMilestone
2024Reached 51 employees (December 2024)
2024Reached 35 employees (June 2024)
2024Reached 35 employees (June 2024)

Founder / CEO

Vivek Shah

Vivek Shah is listed as Founder / CEO at SimplyInsured.

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Customers

We do not have customer count information for SimplyInsured yet.

Frequently Asked Questions about SimplyInsured

What is SimplyInsured's revenue?

SimplyInsured generates $5.4M in revenue.

Who founded SimplyInsured?

SimplyInsured was founded by Vivek Shah.

Who is the CEO of SimplyInsured?

The CEO of SimplyInsured is Vivek Shah.

How much funding does SimplyInsured have?

SimplyInsured raised $0.

How many employees does SimplyInsured have?

SimplyInsured has 51 employees.

Where is SimplyInsured headquarters?

SimplyInsured is headquartered in San Francisco, California, United States.

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 .

SimplyInsured Revenue 2024: $5.4M ARR, $16.2M Valuation