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Proper Insurance

Proper Insurance

Private
Bozeman, MontanaFinTechhttps://www.proper.insure/

Last Round

M&A

Feb 26, 2026

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Proper Insurance is an insurance company that provides a commercial policy specifically designed for short-term rental properties.

Sector

FinTech

Verticals

InsurTech, PropTech Services, Property Management

Business Model

B2B

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

short-term rental insurancevacation rental insuranceAirbnb insuranceVrbo insuranceSTR insurancespecialty insurancecommercial insurancemanaging general agentMGAbusiness income protectionlandlord insuranceInsurTechguest damage coveragePropTechamenity liabilitysquatter protection

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Proper Insurance Comparables

Compare Proper Insurance with similar companies based on industry and business-model similarity.

Proper Insurance comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Safely
82%
CBIZ Inc
74%
Steadily
74%

Proper Insurance Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
M&AFeb 26, 2026

Key People

Founding team and executive leadership

Megan Baker

CFO

Executive Team

Proper Insurance Investors

Notable investors and investment history

Proper Insurance investors
InvestorRounds
Specialty Program GroupM&A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 26, 2026

    Led by Specialty Program Group with participation from Hub International Limited.

  • Aug 12, 2023

    Grew 22% QoQ, from 51 to 62 employees.

Proper Insurance Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Proper Insurance Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersBozeman, Montana
Employee Range72
Year Founded2014
Last FundingFeb 26, 2026

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