Thimble

Thimble, formerly known as Verifly, is the first and only platform to offer short-term liability coverage for small businesses and independent workers.

Thimble offers affordable, flexible, by-the-job coverage to fit the dynamic nature of small businesses in the gig economy.

Thimble was originally launched in 2016 as Verifly, by Jay Bregman and Eugene Hertz. The company rebranded as Thimble in 2019. Thimble is headquartered in New York City, New York.

Thimble is reinvented insurance to make it simple, ‚Äčenabling small businesses ‚Äčto succeed on their own terms and take advantage of the flexibility and technology driving the modern economy.

Thimble's insurance is available for more than 100 different professions including handymen, landscapers, DJs, musicians, beauticians, and dog walkers. The company has seen tremendous early success bringing an entirely new insurance product to market which has now been approved by regulators in 48 states.

 

Thimble has already sold over $100B in aggregate exposure and is on pace to sell 100,000 policies by year end to a market unserved by traditional insurers. 

 

Thimble is backed by IAC, Slow Ventures, AXA Venture Partners and Open Ocean. The company raised $22M from a "Series A" financing on Oct 15, 2019. This latest round brings Thimble's total funding to $29M to date.

 

 

  • Year founded: 2016
  • Funding Info: $29M over 3 Rounds (Last Funding Type: Series A)
  • Yearly Revenue: $1M-$2M (2019)
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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