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Progressive Insurance

Insurance Mayfield Village, Ohio, USA ~10 employees

Founded

Employees (Est.)

~10

1 leaders known

Total Funding

$2.5B

Funding Rounds

Last Funding

2026-03-23

About Progressive Insurance

Progressive Insurance, founded in 1937, is a leading insurance company in the U.S. that focuses on providing customized insurance solutions including auto, property, life, and commercial coverage. With a commitment to superior claims service and customer support, Progressive aims to protect what is important to its over 37 million customers through innovative technology and personalized service.

Products & Services

Auto Insurance:Offers affordable coverage with various discounts and guarantees repairs through network shops.

Property Insurance:Includes homeowners, renters, condo, and mobile home insurance to protect personal belongings and structures.

Motorcycle Insurance:Provides coverage for bikes with options for customization, being the #1 motorcycle insurer in the U.S.

RV Insurance:Covers recreational vehicles with comprehensive options starting at $125/year for basic policies.

Boat Insurance:Offers coverage for boats with features like on-water towing and fuel spill removal.

Life Insurance:Includes term and whole life options to provide financial security for families.

Commercial Insurance:Provides coverage for businesses, including general liability, cyber insurance, and commercial auto policies.

Pet Insurance:Affordable plans for pets with customizable deductibles and reimbursement options.

Umbrella Insurance:Extra liability coverage beyond standard home and auto policies, up to $5 million.

Bundling:Combines auto with property or other insurances for additional savings, averaging 5-7% on auto policies.

Auto insurance

Homeowners insurance

Boat insurance

Business insurance

Commercial auto insurance

Condo insurance

Term life insurance

Mobile home insurance

Motorcycle insurance

Pet insurance

Renters insurance

RV insurance

Umbrella insurance

ATV/UTV insurance

Classic car insurance

Golf cart insurance

PWC insurance

Snowmobile insurance

Specialties

Auto Insurance Property Insurance Motorcycle Insurance Commercial Insurance Bundling Discounts Customer Claims Service Multi-policy bundling discounts On-water towing and mechanical breakdown for boats OEM parts for motorcycle repairs Commercial vehicle coverage Snapshot usage-based discounts

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 1500000000 MR: - FA: $1.5 billion FAN: 1500000000	D: 2026-03-23 FD: 2026-03-23	2 investors
2	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2023-05-25 FD: 2023-05-25	-
3	RT: Debt T: - FT: Debt	A: 500000000 MR: - FA: $500 million FAN: 500000000	D: 2023-05-22 FD: 2023-05-22	2 investors

Debt Latest

2026-03-23

$1.5B

2 investors (Pro only)

Debt 2023-05-25

$500.0M

Debt 2023-05-22

$500.0M

View 2 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

Tricia Griffith

President and Chief Executive Officer

Key Competitors

Competitor Alpha

Series B · $50M raised

Competitor Beta

Series C · $120M raised

Competitor Gamma

Series A · $25M raised

Competitor Delta

Seed · $10M raised

Mock Up

Company Details

Website: progressive.com
Industries: Insurance
Company Size: ~10 employees (est.)
Locations: Mayfield Village, Ohio, USA
Mayfield Village, Ohio

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Technology Stack

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