Obie Overview
- Year Founded
-
2013
- Status
-
Acquired/Merged
- Employees
-
160
- Latest Deal Type
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M&A
- Latest Deal Amount
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$287M
Obie General Information
Description
Developer of an insurance and risk management platform intended to provide a simple, affordable and transparent insurance experience for landlords and real estate investors. The company's platform utilizes the underlying data to streamline the sale of property insurance and consolidate portfolio data and the people who need access to it in one place, enabling the users to manage the real estate risk and gain unparalleled access to exclusive insurance products.
Contact Information
Website
www.obieinsurance.com(Operating Subsidiary)
Corporate Office
- 167 North Green Street
- Suite 1001
- Chicago, IL 60607
- United States
Corporate Office
- 167 North Green Street
- Suite 1001
- Chicago, IL 60607
- United States
Obie Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 02-Jan-2026 | $287M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B) | 17-May-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A) | 18-Dec-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 01-Sep-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 19-Aug-2019 | Completed | Generating Revenue | |||
| 2. Angel (individual) | 24-Jan-2018 | $150K | $160K | Completed | Generating Revenue | |
| 1. Angel (individual) | 15-Sep-2017 | $10K | $10K | Completed | Generating Revenue |
Obie Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Series A-2 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | 505,145 | $0.000100 | 8% | $0.36 | $0.36 | 1x | $0.36 | 1.63% |
| Series A-1 | 1,276,922 | $0.000100 | 8% | $0.12 | $0.12 | 1x | $0.12 | 4.11% |
Obie Comparisons
Industry
Financing
Details
Obie Competitors (3)
One of Obie’s 3 competitors is Steadily, a Venture Capital-Backed company based in Beaverton, OR.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Steadily | Venture Capital-Backed | Beaverton, OR | ||||
| omni:us | Formerly VC-backed | Berlin, Germany | ||||
| Ergo Next | Venture Capital-Backed | Palo Alto, CA |
Obie Patents
Obie Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20180005329-A1 | Systems and methods for cloud-based data exchange, synchronous interaction, and generating user interfaces | Inactive | 15-Aug-2013 | ||
| US-20150052080-A1 | Systems and methods for managing real estate investments | Inactive | 15-Aug-2013 |
Obie Signals
Obie Former Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Battery Ventures | Growth/Expansion | Minority | ||
| Brick & Mortar Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Obie FAQs
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When was Obie founded?
Obie was founded in 2013.
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Where is Obie headquartered?
Obie is headquartered in Chicago, IL.
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What is the size of Obie?
Obie has 160 total employees.
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What industry is Obie in?
Obie’s primary industry is Property and Casualty Insurance.
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Is Obie a private or public company?
Obie is a Private company.
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What is the current valuation of Obie?
The current valuation of Obie is .
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What is Obie’s current revenue?
The current revenue for Obie is .
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How much funding has Obie raised over time?
Obie has raised $39.3M.
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Who are Obie’s investors?
, , Battery Ventures, Brick & Mortar Ventures, and are 5 of 28 investors who have invested in Obie.
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Who are Obie’s competitors?
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When was Obie acquired?
Obie was acquired on 02-Jan-2026.
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Who acquired Obie?
Obie was acquired by The Baldwin Insurance Group.
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