# Rainbow

> Rainbow is a San Francisco-based specialty managing general underwriter (MGU) building tailored small business insurance for industries that traditional carriers find hard to price - starting with restaurants and expanding into beauty and wellness. It pairs vertical-specific underwriting with an instant quote-to-bind agent portal and pay-as-you-go premiums tied to actual sales.

- **Founded:** 2022
- **Headquarters:** San Francisco, California, United States
- **Founders:** Bobby Touran (Co-founder & CEO), Shalom Yiblet (Co-founder, Head of Technology), Jamie Hankinson (Co-founder, Head of Product)
- **Team size:** ~170 employees
- **Products:** Restaurant Insurance Program, Beauty & Wellness Program, Agent Portal, Rainbow Rewards, Pay-as-you-go Premiums
- **Notable:** Raised $20M total since founding in 2022, Launched first admitted restaurant insurance program in California in 2024, Expanded restaurant program to 30+ states including New York and New Jersey

## Products & services

- **Restaurant Insurance Program** — Admitted BOP with property, general liability, liquor liability, and excess coverage tailored to casual dining, fine dining and quick-service restaurants.
- **Beauty & Wellness Program** — Tailored coverage for salons, nail studios, fitness studios and similar small businesses.
- **Agent Portal** — Online instant quote-to-bind experience with transparent underwriting and policy management for independent agents.
- **Rainbow Rewards** — Premium credits for insureds with risk management practices and affinity memberships.
- **Pay-as-you-go Premiums** — Premium that adjusts to actual restaurant sales rather than annual estimates.

## Achievements

- Raised $20M total since founding in 2022
- Launched first admitted restaurant insurance program in California in 2024
- Expanded restaurant program to 30+ states including New York and New Jersey
- Launched the restaurant industry's first pay-as-you-go BOP

## Latest updates

- **2025-07** — Expanded restaurant program to New York with select agent partners.
- **2025-01** — Closed $8M Series A led by Zigg Capital.
- **2024-11** — Expanded restaurant program to New Jersey, Iowa and Virginia.
- **2024-04** — Launched admitted restaurant insurance program in California.

## Links

- Website: https://userainbow.com
- LinkedIn: https://www.linkedin.com/company/userainbow
- Facebook: https://www.facebook.com/userainbowinsurance/

---

Profile page: https://yespress.io/rainbow
Published by YesPress — https://yespress.io
Last updated: 2026-05-23