The Zebra acquires Marble
Insurance comparison site The Zebra has acquired Marble, a startup that was launched with the backing of IA Capital in 2020.
Marble encourages users to upload their insurance policies to the Marble platform so that it can later present relevant insurance offers and potential insurance savings. Users who upload their insurance docs receive gift cards. The startup publicly disclosed $6.7 million in funding.
The acquisition will allow The Zebra to expand its consumer offerings – including policy uploading and management, a virtual insurance wallet and “automated shopping.”
“Our goal at The Zebra has always been to take the hassle out of shopping for insurance – and to make it accessible, fast and simple for everyone. By acquiring Marble, we’re excited to bring aboard teams and technology perfectly aligned with our goals. This is only going to make it easier for us to provide all types of customers better ways to not only save on insurance, but also organize and access their policies. This is the first acquisition in The Zebra’s 12-year history, and it was worth the wait. I’m thrilled to welcome the Marble team to The Zebra – and can’t wait to see what we build together.” – Keith Melnick, CEO of The Zebra.
“I am so proud of the innovative product the Marble team has built over the last four years. Today’s announcement represents both a great accomplishment and a huge new opportunity. With over a decade of proven success and dedication to American insurance shoppers, we knew basically right away that with The Zebra, our team will continue to make a big impact.” – Stuart Winchester, Marble CEO and Founder, who will serve in a VP role at The Zebra.