# Bobby Touran

> Bobby Touran is the Co-Founder and CEO of Rainbow, a San Francisco-based insurtech company building vertically specialized small business insurance products starting with restaurants. With over 15 years spanning insurance and software development, Touran previously co-founded Pathpoint, a digital E&S brokerage. At Rainbow, he is pioneering continuous underwriting - using real-time data like POS systems and online reviews to dynamically price risk - and has raised $20 million total to expand specialized coverage across multiple business verticals.

- **Role:** Co-Founder & CEO at Rainbow
- **Organizations:** Rainbow, Pathpoint, ApplyKit, Noodle Markets, HVF Labs, Wasabi Ventures
- **Nationality:** American
- **Education:** Bachelor's Degree, McGill University
- **Known for:** Co-founded Rainbow, the first specialty MGU to build an admitted BOP purpose-built for the restaurant industry, Raised $20 million in total funding for Rainbow since founding in 2022, Expanded Rainbow's restaurant insurance program to 24+ states

## Career timeline

- **2009-2013** — Associate at Wasabi Ventures
- **2013** — Entrepreneur in Residence at Wasabi Ventures (June-September 2013)
- **2013-2015** — Founded ApplyKit
- **2015-2017** — Chief Product Officer at Noodle Markets
- **2017** — Entrepreneur in Residence at HVF Labs, San Francisco
- **2017** — Co-founded Pathpoint, a digital E&S insurance brokerage focused on retail agents
- **2022** — Co-founded Rainbow, a specialty MGU for small business insurance
- **2023** — Rainbow launched industry's first annual-term BOP designed specifically for restaurants, backed by Accelerant (A- AM Best)
- **2023** — Rainbow 2.0 launch - expanded platform capabilities and agent tools
- **2024** — Spoke at InsurTech Insights USA on 'Data-Driven Underwriting: Why it is a Win-Win for SMEs and Insurers'
- **2024** — Attended SecureRisk's Mid-Year Meeting and American Agents Alliance Conference
- **2024** — Rainbow expanded into Beauty & Wellness insurance vertical
- **2025-01** — Rainbow announced $8 million Series A led by Zigg Capital, bringing total funding to $20 million

## Achievements

- Co-founded Rainbow, the first specialty MGU to build an admitted BOP purpose-built for the restaurant industry
- Raised $20 million in total funding for Rainbow since founding in 2022
- Expanded Rainbow's restaurant insurance program to 24+ states
- Pioneered 'continuous underwriting' - using real-time POS data and online reviews to adjust premiums dynamically
- Previously co-founded Pathpoint, a digital E&S brokerage that serves retail agents
- Launched Rainbow's second vertical in Beauty & Wellness insurance
- Published thought leadership articles on 'continuous underwriting' in Insurance Thought Leadership
- Speaker at major insurtech conferences including InsurTech Connect Vegas and InsurTech Insights USA 2024

## Latest updates

- **2025-01** — Rainbow closed $8 million Series A funding led by Zigg Capital, bringing total raised to $20 million
- **2024-09** — Bobby Touran attended American Agents Alliance 2024 Conference in Palm Desert, California
- **2024-06** — Bobby Touran spoke at InsurTech Insights USA 2024 on data-driven underwriting for SMEs
- **2024-03** — Rainbow expanded into the Beauty & Wellness insurance vertical

## Links

- Website: https://userainbow.com
- LinkedIn: https://www.linkedin.com/in/bobby-touran-782a6513
- Facebook: https://www.facebook.com/userainbowinsurance/

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Profile page: https://yespress.io/bobby-touran
Published by YesPress — https://yespress.io
Last updated: 2026-05-27