Advocate Technologies - About the company
Advocate Technologies is a seed company based in New York City (United States), founded in 2020. It operates as a Provider of commercial insurance policy servicing, sales, and risk management solutions. Advocate Technologies has raised $18M in funding. The company has 32 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like McKenzie Intelligence, Archipelago and Quadrant Information Services.
Company Details
Provider of commercial insurance policy servicing, sales, and risk management solutions. The platform automates policy servicing and transforms coverage data into portfolio intelligence. Offerings include tools for building sales proposals with price benchmarks and data-driven recommendations. The system identifies at-risk renewals by comparing policies to market pricing. Automated coverage gap analysis is provided for complex risks, utilizing a comprehensive library of benchmark standards by industry and lender requirements. Users can access real-time carrier appetite and pricing data from a commercial insurance data network. The platform standardizes complex insurance data for analysis and enables customization of risk profiles.
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Seed
Total Funding
$18M in 1 round
Latest Funding Round
Investors
Ranked
6th among 32 active competitors
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Advocate Technologies's funding and investors
Advocate Technologies has raised a total funding of $18M over 1 round. Its latest funding round was a Seed round on Aug 05, 2026 for $*****. 3 investors participated in its latest round. Advocate Technologies has 3 institutional investors.
Here is the list of recent funding rounds of Advocate Technologies:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 05, 2026 | 7592540 | Seed | 4571822 | 7127947 | 9047520 | 2517985 |
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Advocate Technologies's Competitors and alternates
Top competitors of Advocate Technologies include McKenzie Intelligence, Archipelago and Quadrant Information Services. Here is the list of Top 10 competitors of Advocate Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  McKenzie Intelligence 2011, London (United Kingdom), Acquired | Provider of databases for insurance industries | $3M | 54/100 | |
2nd |  Archipelago 2018, San Francisco (United States), Series B | Developer of software for processing property and casualty insurance data | $40M | 50/100 | |
3rd | Quadrant Information Services 1991, Pleasanton (United States), Unfunded | P&C insurance rating solutions, competitive analysis, and pricing analytics | - | - | 42/100 |
4th | Vaartani 2018, New Castle (United States), Seed | AI-based underwriting software for insurers | $120K | 32/100 | |
5th | Valen 2002, Denver (United States), Acqui-Hired | Provider of predictive analytics solutions for insurers | $34.9M | 31/100 | |
6th |  Advocate Technologies 2020, New York City (United States), Seed | Provider of commercial insurance policy servicing, sales, and risk management solutions | $18M | 31/100 | |
7th | Provider of a insurance marketing platform | $84M | 29/100 | ||
8th | Provider of insurance products and related support for insurance intermediaries | - | - | 28/100 | |
9th |  jBIAS 1986, Eldersburg (United States), Unfunded | Data management software for P&C insurers | - | - | 26/100 |
10th |  Orchard Pietermaritzburg (South Africa), Funding Raised | Cloud based P and C insurance database solutions for businesses | - | 25/100 |
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Advocate Technologies's Investments and acquisitions
Advocate Technologies has made no investments or acquisitions yet.
Reports related to Advocate Technologies
Here is the latest report on Advocate Technologies's sector:
News related to Advocate Technologies
Media has covered Advocate Technologies for 1 event in last 1 year.
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