Tech Company Financing Transactions
Advocate Technologies Funding Round
Advocate Technologies closed a $18 million Seed funding round on 8/4/2026. Investors included Brewer Lane Ventures, MetaProp NYC and private investors.
Transaction Overview
Company Name
Announced On
8/4/2026
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Seed
Proceeds Purpose
The capital will support the continued expansion of its AI-powered platform, which enables brokers, lenders, risk managers and commercial property owners to compare insurance pricing and policy coverage against market benchmarks.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
3229 Greenpoint Ave, PMB 120
Long Island City, NY 11101
USA
Long Island City, NY 11101
USA
Phone
Undisclosed
Website
Email Address
Overview
Commercial insurance is one of the largest and most consequential markets in the economy, yet the people working inside it are forced to make decisions in the dark. Pricing is opaque. Coverage is buried inside documents written for lawyers. Benchmarks, when they exist, are private. Advocate's mission is to bring real transparency to this market -- and to put it in the hands of the professionals who run it.
Management Team
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About Database of VC Transactions
Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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