Insurtech companies grew fast in terms of valuations and employee headcounts during the funding boom the industry saw in 2021. But many insurtechs — as well as their investors — are now prioritizing efficiency over growth.
With companies shifting their strategies (including numerous insurtechs conducting layoffs), looking at valuation per employee can provide an indicator of a company’s overall efficiency.
In this brief, we use CB Insights data to identify which private insurtech players are the most efficient when measured by valuation per employee. We look at the following data points:
- Top insurtech companies by valuation
- Top insurtech companies by headcount
- Top insurtech valuations per employee
Top insurtech companies by valuation
Among the 44 private insurtech unicorns valued at $1B+, the top-valued players are:
- Devoted Health ($12.6B)
- Gusto ($10B)
- Coalition ($5B)
- wefox ($4.5B)
- Next Insurance ($4B)
