Diligence memo · auto-generated · as of July 2, 2026
Spot Insurance Inc.
Spot Insurance Inc. has raised $42M over 3 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Spot Insurance Inc. operates in Insurance, based in Austin.
Sub-sector tags: insurance.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Spot Insurance Inc. has raised $42M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $27M on 2022-05-11.
Most recent recorded round closed around 2022-05-11.
Valuation (modeled)modeled
Provath models Spot Insurance Inc. at approximately $285M (range $68M–$768M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 14 months.
Last raise 4.1 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.1× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 92% of Insurance peers (146 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Joyn Insurance Services Inc., Nebraska Owner's Insurance Agency, Inc..
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.