Layr: Funding, Investors & Team (Oct 2026)
Our utilization of AI and machine learning enables us to connect businesses with suitable commercial insurance from reputable carriers, ensuring competitive prices. Our online platform facilitates a seamless application process, and our team of experienced brokers is readily available to assist with any inquiries. We prioritize convenient payment options, allowing monthly payments and credit card usage, and offer effortless policy updates through our user-friendly application. With Layr, you can tick off "Purchase Business Insurance" from your to-do list and focus on excelling in your area of expertise.
Layr has raised $25.0M across 3 funding rounds on record, the most recent an undisclosed round of $10.0M announced in Oct 2023.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Layr Company Profile and Key Stats
Latest funding round on record: Oct 2023.
Layr Funding Rounds
Layr raised $5.0M in an undisclosed round announced in Jul 2020.
1.7 years later, a Series A of $10.0M was announced in Mar 2022.
1.6 years later, an undisclosed round of $10.0M was announced in Oct 2023.
Layr Founders and Leadership Team
Contact details for the Layr team: 1 of 1 has an email address on file.
Start 14-day free trial →Layr Funding Compared to Other Artificial Intelligence Startups
Layr's latest round of $10.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Layr Funding FAQs
What does Layr do?
Our utilization of AI and machine learning enables us to connect businesses with suitable commercial insurance from reputable carriers, ensuring competitive prices. Our online platform facilitates a seamless application process, and our team of experienced brokers is readily available to assist with any inquiries. We prioritize convenient payment options, allowing monthly payments and credit card usage, and offer effortless policy updates through our user-friendly application. With Layr, you can tick off "Purchase Business Insurance" from your to-do list and focus on excelling in your area of expertise.
How much funding has Layr raised?
Layr has raised $25.0M across 3 rounds on record. The most recent is an undisclosed round of $10.0M announced in Oct 2023.
When did Layr last raise funding?
Layr's most recent funding round on record is an undisclosed round of $10.0M, announced in Oct 2023.
Who is the CEO of Layr?
Phillip Naples is listed as CEO at Layr.
Where is Layr headquartered?
Layr is based in Atlanta, Georgia, United States.
How many employees does Layr have?
Layr is in the 51-100 employee band.
How does Layr's funding compare to other Artificial Intelligence startups?
Layr's latest round of $10.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.
About FundedIQ's Layr Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Layr is left off this page rather than filled in.
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