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Insurify
Insurify is a digital insurance agent and comparison platform that provides real-time quotes from over 120 insurance companies including major insurers like GEICO, Allstate, and Progressive. It…
Insurify
Insurify is a digital insurance agent and comparison platform that provides real-time quotes from over 120 insurance companies including major insurers like GEICO, Allstate, and Progressive. It…
TL;DR
What they do: AI-powered insurance comparison platform and licensed digital insurance agency
Headquarters & founding: Cambridge, Massachusetts; founded 2013
Scale: Served over 10.4M customers and provided ~130M car insurance quotes
Funding: Raised approximately $128M across seed, Series A, and $100M Series B
Company Overview
Problem Domain
Consumer insurance shopping and distribution (auto, home, renters, pet, travel, life)
Founded
2013
Industry
Insurtech / Insurance
Funding Track Record
$2,000,000
Seed financing reported in January 2016
$23,000,000
Series A announced January 15, 2020
$100,000,000
Series B announced September 1, 2021; reported participants included Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures and others
Investor Signal
“Led by Motive Partners in Series B with participation from strategic insurers and fintech investors”