Palomar: Funding, Investors & Team (Oct 2026)
Palomar is an innovative insurer that focuses on the provision of specialty property insurance for residential and commercial clients. Palomar’s underwriting and analytical acumen allow it to concentrate on certain markets that it believes are underserved by other insurance companies, such as the markets for earthquake, wind and flood insurance.
Palomar has raised $450M across 1 funding round on record, the most recent an undisclosed round of $450M announced in Feb 2026.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Palomar Company Profile and Key Stats
Latest funding round on record: Feb 2026.
Palomar Funding Rounds
Palomar Founders and Leadership Team
No contact details are on record for this team yet.
Palomar Funding Compared to Other Financial Services Startups
Palomar's latest round of $450M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Palomar Funding FAQs
What does Palomar do?
Palomar is an innovative insurer that focuses on the provision of specialty property insurance for residential and commercial clients. Palomar’s underwriting and analytical acumen allow it to concentrate on certain markets that it believes are underserved by other insurance companies, such as the markets for earthquake, wind and flood insurance.
How much funding has Palomar raised?
Palomar has raised $450M across 1 round on record. The most recent is an undisclosed round of $450M announced in Feb 2026.
When did Palomar last raise funding?
Palomar's most recent funding round on record is an undisclosed round of $450M, announced in Feb 2026.
Who founded Palomar?
FundedIQ lists Mac Armstrong (Founder) at Palomar.
Where is Palomar headquartered?
Palomar is based in La Jolla, California, United States.
How many employees does Palomar have?
Palomar is in the 251-500 employee band.
How does Palomar's funding compare to other Financial Services startups?
Palomar's latest round of $450M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Palomar 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 Palomar is left off this page rather than filled in.
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