Ribbit Capital

Ribbit Capital is a venture capital firm founded in 2012 and headquartered in Palo Alto, California. The firm focuses on investing in early-stage companies within the financial services and technology sectors. Ribbit Capital aims to support businesses that seek to innovate and disrupt traditional financial services, including areas such as information technology, mobile, insurance technology, and cryptocurrency. The firm's investment strategy encompasses a global perspective, targeting opportunities in the United States, East Asia, the United Kingdom, Brazil, and India. As a registered investment adviser, Ribbit Capital actively manages several venture capital funds to facilitate its investment activities.

Eva Alonso

Investor

Jordan Angelos

General Partner

Ray Chua

Partner

Sal Gala

Investor

Nicholas Huber

Partner

Nikolay Kostov

General Partner

Nicole MacDougall

Partner

Sigal Mandelker

General Partner

Kyle Matson

Principal

Cindy McAdam

COO

Brian McGrath

General Partner

Gabe Mennesson

Investor

Ben Paull

General Partner

Zack Rosen

Investor

Justin Saslaw

General Partner

Tessa Savakus

Analyst

Nick Shalek

General Partner

Past deals in Life and Health Insurance

Alan

Series E in 2022
Alan is a digital health insurance platform that aims to simplify and enhance the user experience of health insurance. Established in 2016, it is notable for being the first new independent insurance provider licensed in France since 1986. The company offers a health plan designed to provide an excellent price-quality ratio for both individuals and businesses. Alan's approach focuses on making healthcare more accessible and efficient, positioning itself as a trusted service that prioritizes customer experience. The company has successfully raised over €125 million from prominent investors, further solidifying its innovative presence in the health insurance sector.

Vouch

Series C in 2021
Vouch, Inc. is an insurance provider focused on delivering tailored insurance solutions for startups in the United States. Founded in 2016 and headquartered in San Francisco, the company specializes in various types of coverage, including general liability, business property, directors and officers, errors and omissions, cyber coverage, and more. Vouch also offers risk assessment services and management tools, enabling startups to effectively manage and mitigate potential risks. The company aims to simplify the process of obtaining business insurance through its digital platform, which allows clients to access customized coverage options. Vouch operates as a subsidiary of SVB Financial Group and has expanded its presence with additional offices in Chicago.

Hippo Insurance

Post in 2021
Hippo Insurance provides home insurance brokerage services, focusing on modernizing coverage for homeowners. Founded in 2015 and headquartered in Palo Alto, California, with additional offices in Austin and Dallas, the company utilizes technology to streamline the insurance process. Hippo aims to simplify and enhance home insurance by offering intuitive and proactive coverage that actively addresses the needs of clients. By adopting a tech-driven approach, Hippo seeks to transform how individuals safeguard their homes, allowing them to feel secure and carefree. The company emphasizes a commitment to delivering smarter, more efficient insurance solutions tailored to contemporary homeowners.

Alan

Series D in 2021
Alan is a digital health insurance platform that aims to simplify and enhance the user experience of health insurance. Established in 2016, it is notable for being the first new independent insurance provider licensed in France since 1986. The company offers a health plan designed to provide an excellent price-quality ratio for both individuals and businesses. Alan's approach focuses on making healthcare more accessible and efficient, positioning itself as a trusted service that prioritizes customer experience. The company has successfully raised over €125 million from prominent investors, further solidifying its innovative presence in the health insurance sector.

Sofía

Series A in 2020
Sofía Salud, SA is a healthcare and technology company based in Mexico City, founded in 2018. It specializes in providing health plans for individuals and families, focusing on comprehensive services that include annual coverage, preventive and face-to-face consultations, home delivery of medicines, nutrition support, and mental health services. The company has developed a mobile healthcare application aimed at transforming how users manage their health. This application allows access to primary care through video consultations for serious illnesses and accidents, ensuring users receive continuous guidance in their healthcare journey.

Hippo Insurance

Series E in 2020
Hippo Insurance provides home insurance brokerage services, focusing on modernizing coverage for homeowners. Founded in 2015 and headquartered in Palo Alto, California, with additional offices in Austin and Dallas, the company utilizes technology to streamline the insurance process. Hippo aims to simplify and enhance home insurance by offering intuitive and proactive coverage that actively addresses the needs of clients. By adopting a tech-driven approach, Hippo seeks to transform how individuals safeguard their homes, allowing them to feel secure and carefree. The company emphasizes a commitment to delivering smarter, more efficient insurance solutions tailored to contemporary homeowners.

Sofía

Seed Round in 2019
Sofía Salud, SA is a healthcare and technology company based in Mexico City, founded in 2018. It specializes in providing health plans for individuals and families, focusing on comprehensive services that include annual coverage, preventive and face-to-face consultations, home delivery of medicines, nutrition support, and mental health services. The company has developed a mobile healthcare application aimed at transforming how users manage their health. This application allows access to primary care through video consultations for serious illnesses and accidents, ensuring users receive continuous guidance in their healthcare journey.

Next Insurance

Series C in 2019
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Vouch

Series A in 2019
Vouch, Inc. is an insurance provider focused on delivering tailored insurance solutions for startups in the United States. Founded in 2016 and headquartered in San Francisco, the company specializes in various types of coverage, including general liability, business property, directors and officers, errors and omissions, cyber coverage, and more. Vouch also offers risk assessment services and management tools, enabling startups to effectively manage and mitigate potential risks. The company aims to simplify the process of obtaining business insurance through its digital platform, which allows clients to access customized coverage options. Vouch operates as a subsidiary of SVB Financial Group and has expanded its presence with additional offices in Chicago.

Root

Series E in 2019
Root, Inc. is the parent company of Root Insurance Company, a technology-driven provider of car insurance in the United States. The company specializes in creating a personalized and affordable insurance experience through a mobile app that assesses driving behavior, including factors such as braking and speed of turns. By focusing on safe drivers, Root can offer competitive rates, emphasizing fairness in its pricing model. In addition to car insurance, Root also provides app-based renters insurance that is designed to be straightforward and tailored to consumer needs. Established in 1998 and headquartered in Columbus, Ohio, Root Insurance was previously known as Club Insurance Company before rebranding in 2016.

Root

Series D in 2018
Root, Inc. is the parent company of Root Insurance Company, a technology-driven provider of car insurance in the United States. The company specializes in creating a personalized and affordable insurance experience through a mobile app that assesses driving behavior, including factors such as braking and speed of turns. By focusing on safe drivers, Root can offer competitive rates, emphasizing fairness in its pricing model. In addition to car insurance, Root also provides app-based renters insurance that is designed to be straightforward and tailored to consumer needs. Established in 1998 and headquartered in Columbus, Ohio, Root Insurance was previously known as Club Insurance Company before rebranding in 2016.

Next Insurance

Series B in 2018
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Root

Series C in 2018
Root, Inc. is the parent company of Root Insurance Company, a technology-driven provider of car insurance in the United States. The company specializes in creating a personalized and affordable insurance experience through a mobile app that assesses driving behavior, including factors such as braking and speed of turns. By focusing on safe drivers, Root can offer competitive rates, emphasizing fairness in its pricing model. In addition to car insurance, Root also provides app-based renters insurance that is designed to be straightforward and tailored to consumer needs. Established in 1998 and headquartered in Columbus, Ohio, Root Insurance was previously known as Club Insurance Company before rebranding in 2016.

Root

Series B in 2017
Root, Inc. is the parent company of Root Insurance Company, a technology-driven provider of car insurance in the United States. The company specializes in creating a personalized and affordable insurance experience through a mobile app that assesses driving behavior, including factors such as braking and speed of turns. By focusing on safe drivers, Root can offer competitive rates, emphasizing fairness in its pricing model. In addition to car insurance, Root also provides app-based renters insurance that is designed to be straightforward and tailored to consumer needs. Established in 1998 and headquartered in Columbus, Ohio, Root Insurance was previously known as Club Insurance Company before rebranding in 2016.

Next Insurance

Series A in 2017
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.

Health IQ

Series B in 2016
Health IQ is a life insurance company focused on serving health-conscious individuals. Its mission is to enhance global health literacy by recognizing and celebrating those who prioritize their well-being. Unlike traditional approaches that may penalize unhealthy behaviors, Health IQ aims to support and incentivize individuals dedicated to maintaining a healthy lifestyle. By fostering a deeper understanding of health-related issues, the company seeks to create a positive impact on overall health literacy around the world, addressing a critical challenge for the future.

Next Insurance

Seed Round in 2016
Next Insurance Inc. is an online insurance agency focused on providing tailored insurance products and services to small businesses. Founded in 2015 and headquartered in Palo Alto, California, the company offers a range of insurance options, including business, general liability, professional liability, commercial auto, and workers’ compensation coverage. Next Insurance serves a diverse clientele, including contractors, fitness professionals, cleaning services, beauty establishments, therapists, educators, and various other sectors. The company leverages technology to streamline the insurance purchasing process, eliminating the need for agents and reducing costs, thereby offering affordable pricing. Additionally, Next Insurance emphasizes quick claims processing, often making decisions within 48 hours to enhance transparency and support for its clients.
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