Layr

Purpose-built insurance technology company focused on the needs of agencies and brokers.

General Information
Company Name
Layr
Founded Year
2016
Location (Offices)
Atlanta, United States +1
Founders / Decision Makers
Number of Employees
64
Industries
AI, Financial Services, Fintech +3
Funding Stage
Series Unknown
Social Media

Layr - Company Profile

Layr is a purpose-built insurance technology company focused on the needs of agencies and brokers. Founded in 2016, Layr operates in the AI, Financial Services, Fintech, Insurance, Insurtech, and Internet industries, with its headquarters in the United States. The company recently secured a significant $10.00M Venture Round investment on 24 October 2023, with participation from notable investors including Flyover Capital, Sandbox Sustainability Ventures, Cota Capital, Hudson Structured Capital Management, and The K Fund. Layr's primary focus is to provide an insurtech platform tailored for efficient small commercial operations. The company has developed a white-labeled, technology-first experience specifically designed to modernize small commercial insurance policyholder experiences. This innovative approach aims to enable brokerages of all sizes to effectively keep their clients happy while empowering brokers to concentrate on pursuing higher revenue. Overall, Layr's strategic positioning within the insurance technology sector, coupled with its recent substantial investment, underscores its potential for growth and impact in the market.

Taxonomy: Insurtech, Commercial Insurance, Insurance Technology, Small Business, Insurance Brokerage, AI and Machine Learning, Cyber Liability Insurance, Business Insurance, Insurance Automation, Technology Platform, Commercial Operations, Brokerage Services

Funding Rounds & Investors of Layr (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $10.00M 5 24 Oct 2023
Series A $10.00M 5 IMA Financial Group 21 Mar 2022
Seed Round $5.00M - 01 Jul 2020
Pre Seed Round $625.00K - 01 Jul 2019

Latest News of Layr

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No recent news or press coverage available for Layr.

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