Zopper Layoffs

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Insurance-focused SaaS startup Zopper has laid off approximately 100 employees since the beginning of 2025, with the latest round occurring earlier this week. This includes about 50 staff from tech and product teams recently, following an earlier cut of 20 from these teams and the entire 40-member insurance team earlier in the year. The layoffs, attributed to cost-cutting measures, come despite the company raising $25 million in a Series D round just five months prior. Zopper, founded in 2011 and backed by investors like Elevation Capital, provides embedded insurance APIs and has raised a total of $121 million. While its operating revenue grew significantly in FY24, net losses also increased substantially.

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