202112 Apr

The Zebra Becomes A Unicorn With $150M Series D

Summary

The Austin-based company, which operates an insurance comparison site, raised $150 million in Series D funding, led by an unnamed investor. Joining the round were a group of investors, including Weatherford Capital, as well as Accel, which led the company’s $38.5 million Series C last year. The investment brings The Zebra’s total raised to $251.5 million since its 2012 inception, as well as values the company at more than $1 billion, CEO Keith Melnick told Crunchbase News. This year has told a different story: March ended up being a record month in revenue for The Zebra, which brought in $12.5 million, he added. “It was an opportunity to lean in and spend part of the money on education, but also hire faster to get our initiatives done,” Melnick said.

Source: Crunchbase

Funding

$150M
Amount
Apr 12 2021
Date
-
Investor
The Zebra
Company

Classifications

Companies