Tech Company Financing Transactions

Insurify Funding Round

On 9/2/2021, Insurify landed $100 million in Series B funding from Motive Partners, Fort Ross Ventures and Hearst Ventures.

Transaction Overview

Company Name
Insurify
Announced On
9/2/2021
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series B
Investors

Motive Partners (Lead Investor)

Fort Ross Ventures

Hearst Ventures

MassMutual Ventures (Eric Emmons)

Moneta Ventures

Nationwide Mutual Insurance (Erik Ross)

Viola Growth

Viola Ventures (Daniel Tsiddon)

Proceeds Purpose
The company intends to use the funds to expand its operations and accelerate its growth initiatives. This includes: further scaling and diversifying its product suite through expanding its direct quoting integrations across all insurance verticals, pursuing more embedded insurance opportunities, expanding product functionality to deepen its relationship with new and existing customers beyond the point of purchase, strengthening brand awareness, and increasing hiring efforts.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
222 3rd St. 1320
Cambridge, MA 02142
USA
Phone
(855) 508-1452
Website
www.insurify.com
Email Address
[email protected]
Overview
Insurify makes it easy for you to compare automobile insurance quotes fast. In just seconds, you can get quotes from dozens of car insurance companies, quickly compare the real prices, and buy your policy online!
Profile
Insurify LinkedIn Company Profile
Social Media
Insurify Company Twitter Account
Company News
Insurify News
Facebook
Insurify on Facebook
YouTube
Insurify on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Snejina Zacharia
  Snejina Zacharia LinkedIn Profile  Snejina Zacharia Twitter Account  Snejina Zacharia News  Snejina Zacharia on Facebook
Co-Founder
Giorgos Zacharia
  Giorgos Zacharia LinkedIn Profile  Giorgos Zacharia Twitter Account  Giorgos Zacharia News  Giorgos Zacharia on Facebook
VP - Product Management
Tod Kiryazov
  Tod Kiryazov LinkedIn Profile  Tod Kiryazov Twitter Account  Tod Kiryazov News  Tod Kiryazov on Facebook
VP - Sales
Shawn Powers
  Shawn Powers LinkedIn Profile  Shawn Powers Twitter Account  Shawn Powers News  Shawn Powers on Facebook

 

 

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Prev: 9/2/2021: Rattle venture capital transaction
Next: 9/2/2021: Clicklease venture capital transaction

 

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