# Embroker funding: rounds and investors

> Embroker has raised $28M across 1 round since 2019. Investors include Tola Capital, Canaan and Nyca Partners. Every round with its source.

Source: https://millionrounds.com/company/embroker (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Embroker*

One round we have observed, with the 6 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Insurtech

Funding summary Updated 26 Oct 2026

**$28M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $28M Apr 2019
- **Led by:** Tola Capital
- **Investors:** 6 (1 led)

See who backed them

## The rounds

- **Apr 2019** Series B **$28M** [Tola Capital](https://millionrounds.com/fund/tola-capital) Lead [Canaan](https://millionrounds.com/fund/canaan-partners) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [Bee Partners](https://millionrounds.com/fund/bee-partners) [Manulife Ventures](https://millionrounds.com/fund/manulife-ventures) [XL Innovate](https://millionrounds.com/fund/xl-innovate) Reported by VentureBeat

## Founders and team

From Embroker's own website: 6 on the team.

- **Ben Jennings** Chief Executive Officer
- **Andy Lea** Chief Insurance Officer
- **Brian Acks** Chief Financial Officer
- **Gene Linetsky** Chief Technology Officer
- **Kristy Malm** Chief Operating Officer
- **Deanna Johnston** General Counsel and SVP People

## Everyone who backed them

[Tola Capital](https://millionrounds.com/fund/tola-capital) VC firm **1** round, led 1

[Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **1** round

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[Bee Partners](https://millionrounds.com/fund/bee-partners) VC firm **1** round

[Manulife Ventures](https://millionrounds.com/fund/manulife-ventures) Growth equity **1** round

[XL Innovate](https://millionrounds.com/fund/xl-innovate) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=embroker).

## Also claim to have backed them

These 5 firms list Embroker as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[HSCM Ventures](https://millionrounds.com/fund/hscm-ventures) Private equity Per its own site

[Aquila Capital Partners](https://millionrounds.com/fund/aquila-capital-partners) VC firm Per its own site

[FirstTracks Ventures](https://millionrounds.com/fund/firsttracks-ventures) VC firm Per its own site

[Thompson Hutton, LLC](https://millionrounds.com/fund/thompson-hutton-llc) Investor Per its own site

[Vault Innovation](https://millionrounds.com/fund/vault-innovation) Venture studio Per its own site

## Quick answers about Embroker

### Who invested in Embroker?

Embroker's investors include Tola Capital, Canaan, Nyca Partners, Bee Partners and Manulife Ventures, and 1 more on record. Tola Capital led its latest round.

### How much has Embroker raised?

Embroker has raised $28M across 1 round since 2019.

### When did Embroker last raise?

Embroker's most recent round was a Series B of $28M in Apr 2019, led by Tola Capital.

### What was Embroker's biggest round?

Its most recent round, $28M in Apr 2019, is also its largest on record.

### Who backed Embroker first?

Embroker's first round on record, in Apr 2019, was backed by Tola Capital, Canaan and Nyca Partners and 3 others.

### What stage is Embroker at?

Embroker's latest named round is a Series B, in Apr 2019.

### Where is Embroker based?

Embroker is based in the United States.

### Who led Embroker's rounds?

Tola Capital led the Series B in 2019.

## Companies like Embroker

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)

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