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 enables customers to compare car, home, renters, pet, and travel insurance policies to find the best rates and discounts. The platform uses AI-powered technology and real-time API integrations to deliver personalized, accurate quotes and helps users complete their purchase online or with licensed agents. Insurify has served over 10.4 million customers, offering more than 130 million car insurance quotes and helping users save up to $1,025 annually. It operates as a licensed insurance agency in all 50 states and generates revenue primarily through commissions on policies purchased via its platform. The company is recognized as the top insurance comparison platform by TrustPilot, ShopperApproved, and the BBB, and has received multiple awards including the 2024 Inc. 5000 and Forbes Fintech 50.
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 enables customers to compare car, home, renters, pet, and travel insurance policies to find the best rates and discounts. The platform uses AI-powered technology and real-time API integrations to deliver personalized, accurate quotes and helps users complete their purchase online or with licensed agents. Insurify has served over 10.4 million customers, offering more than 130 million car insurance quotes and helping users save up to $1,025 annually. It operates as a licensed insurance agency in all 50 states and generates revenue primarily through commissions on policies purchased via its platform. The company is recognized as the top insurance comparison platform by TrustPilot, ShopperApproved, and the BBB, and has received multiple awards including the 2024 Inc. 5000 and Forbes Fintech 50.
TL;DR
Business: AI-powered digital insurance agent and comparison marketplace
Products: Car, home, renters, pet, and travel insurance quotes
Scale: Claims of millions of customers and hundreds of millions of quotes
Funding: $128M–$130M total; $100M Series B (Sept 2021)
Headcount: 199 employees (reported)
Company Overview
Problem Domain
Consumer insurance shopping and distribution; price and coverage comparison across insurers.
Industry
Insurtech / Insurance Marketplace
Funding Track Record
$2,000,000
$23,000,000
$100,000,000
Existing backers participated alongside lead
Investor Signal
“Backed by strategic and institutional investors including Motive Partners, Viola FinTech/Viola Growth, MassMutual Ventures, Nationwide, Hearst Ventures, Moneta VC, and Rationalwave Capital Partners.”