Layr Overview
- Year Founded
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2016

- Status
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Private
- Employees
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51

- Latest Deal Type
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Series A
- Latest Deal Amount
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$10M
- Investors
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20
Layr General Information
Description
Developer of an insurance technology platform designed to automate the time-intensive legacy process of sourcing, purchasing, and managing business insurance. The company's platform utilizes artificial intelligence to recommend and match companies with the insurance policies, and the coverage they need, and predict carrier pricing, enabling brokers to manage and grow their small business book efficiently while keeping policyholders satisfied.
Contact Information
Website
www.withlayr.comCorporate Office
- 931 Monroe Drive NorthEast
- Suite 102A - 325
- Atlanta, GA 30308
- United States
Corporate Office
- 931 Monroe Drive NorthEast
- Suite 102A - 325
- Atlanta, GA 30308
- United States
Layr Timeline
Layr Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Later Stage VC (Series A) | 01-Nov-2023 | $10M | Completed | Generating Revenue | ||
9. Seed Round | 31-Jan-2022 | Completed | Generating Revenue | |||
8. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
7. Debt - General | 01-Jun-2021 | Completed | Generating Revenue | |||
6. Seed Round | 01-Jul-2020 | Completed | Generating Revenue | |||
5. Seed Round | 10-May-2019 | Completed | Generating Revenue | |||
4. Accelerator/Incubator | 08-Oct-2018 | Completed | Generating Revenue | |||
3. Angel (individual) | 01-Jul-2018 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 01-Jan-2018 | Completed | Startup | |||
1. Accelerator/Incubator | Completed | Startup |
Layr Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A | ||||||||
Seed-4 | ||||||||
Seed-3 | ||||||||
Seed-2 | 102,965 | $0.000100 | $4.96 | $4.96 | 1x | $4.96 | 2.38% | |
Seed-1 | 746,370 | $0.000100 | $6.2 | $6.2 | 1x | $6.2 | 17.22% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Layr Comparisons
Industry
Financing
Details
Layr Competitors (5)
One of Layr’s 5 competitors is Novidea, a Venture Capital-Backed company based in Netanya, Israel.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Novidea | Venture Capital-Backed | Netanya, Israel | ||||
Embroker | Venture Capital-Backed | San Francisco, CA | ||||
Cytora | Venture Capital-Backed | London, United Kingdom | ||||
CoverWallet | Formerly VC-backed | New York, NY | ||||
Insureon | Private Equity-Backed | Chicago, IL |
Layr Signals
Layr Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Cota Capital | Venture Capital | Minority | ||
Startup Capital Ventures | Venture Capital | Minority | ||
The K Funds | PE/Buyout | Minority | ||
BrokerTech Ventures | Accelerator/Incubator | Minority | ||
Hannover Digital Investments | Corporate Venture Capital | Minority |
Layr FAQs
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When was Layr founded?
Layr was founded in 2016.
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Where is Layr headquartered?
Layr is headquartered in Atlanta, GA.
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What is the size of Layr?
Layr has 51 total employees.
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What industry is Layr in?
Layr’s primary industry is Business/Productivity Software.
-
Is Layr a private or public company?
Layr is a Private company.
-
What is the current valuation of Layr?
The current valuation of Layr is
. -
What is Layr’s current revenue?
The current revenue for Layr is
. -
How much funding has Layr raised over time?
Layr has raised $26.3M.
-
Who are Layr’s investors?
Cota Capital, Startup Capital Ventures, The K Funds, BrokerTech Ventures, and Hannover Digital Investments are 5 of 20 investors who have invested in Layr.
-
Who are Layr’s competitors?
Novidea, Embroker, Cytora, CoverWallet, and Insureon are competitors of Layr.
Data Transparency
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