Tech Company Financing Transactions

Foxquilt Funding Round

Foxquilt secured a $12 million investment round on 7/26/2023. Investors included ICM Asset Management.

Transaction Overview

Company Name
Announced On
7/26/2023
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors

ICM Asset Management (Lead Investor)

Proceeds Purpose
The company intends to use the funds to accelerate North American expansion plans, enabling to scale its embedded enterprise capabilities, further enhance its technology infrastructure, and broaden its product offerings.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1 Yonge St. 6th Floor 603
Toronto ON, M5E 1W7
Canada
Email Address
Overview
Foxquilt is a Canadian financial technology company focused on using big data and machine learning to empower social groups to save on Home, Small Business and Auto insurance. We create new value opportunities for customers by bringing people and communities together online with a smart and modern approach to insurance.
Profile
Foxquilt LinkedIn Company Profile
Social Media
Foxquilt Company Twitter Account
Company News
Foxquilt News
Facebook
Foxquilt on Facebook
YouTube
Foxquilt on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark Morissette
  Mark Morissette LinkedIn Profile  Mark Morissette Twitter Account  Mark Morissette News  Mark Morissette on Facebook
Chief Financial Officer
Karim Jamal
  Karim Jamal LinkedIn Profile  Karim Jamal Twitter Account  Karim Jamal News  Karim Jamal on Facebook
Chief Marketing Officer
Roshni Wijayasinha
  Roshni Wijayasinha LinkedIn Profile  Roshni Wijayasinha Twitter Account  Roshni Wijayasinha News  Roshni Wijayasinha on Facebook
Chief Technical Officer
Milind Joshi
  Milind Joshi LinkedIn Profile  Milind Joshi Twitter Account  Milind Joshi News  Milind Joshi on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/26/2023: Materials Nexus venture capital transaction
Next: 7/26/2023: Trustmi venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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