Foxquilt - About the company
Foxquilt is a series B company based in Toronto (Canada), founded in 2016 by Mark Morissette. It operates as a Platform enabling formation of social groups to avail insurance savings. Foxquilt has raised $22.3M in funding from Extreme Venture Partners and Luge Capital. The company has 35 active competitors, including 2 funded and 5 that have exited. Its top competitors include companies like Rates.ca, Insurdinary and EasyInsure.
Company Details
Foxquilt is a platform which enables users to form social groups and using group purchasing power, avail savings on premiums, reduced deductibles and further savings at renewal. Leverages a sharing economy technology platform so that groups of individuals or businesses seeking the same type of insurance can band together to save. As of Oct'18, the platform is yet to launch a product.
- Website
- www.foxquilt.com/
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Toronto, Canada
Stage
Series B
Total Funding
$22.3M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 35 active competitors
Employee Count
44 as on Apr 30, 2026
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Foxquilt's funding and investors
Foxquilt has raised a total funding of $22.3M over 5 rounds. Its first funding round was on Oct 19, 2018. Foxquilt has 7 institutional investors.
Here is the list of recent funding rounds of Foxquilt:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2025 | 3812724 | Series B | 1664306 | 8576913 | 1592328 | 3496681 |
Jul 23, 2023 | 4500012 | Series B | 5973331 | 8241758 | 5564782 | |
Sep 16, 2021 | 7967261 | Series A | 9749416 | 9343298 |
View details of Foxquilt's funding rounds and investors
Foxquilt's founders and board of directors
Founder? Claim ProfileThe founders of Foxquilt is Mark Morissette. Mark Morissette is the CEO of Foxquilt.
Here are the details of Foxquilt's key team members:
- Mark Morissette: Founder & CEO of Foxquilt. Contact Info: 2 email addresses
View details of Foxquilt's Founder profiles and Board Members
Foxquilt's employee count trend
Foxquilt has 44 employees as of Apr 26. Here is Foxquilt's employee count trend over the years:
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Foxquilt's Competitors and alternates
Top competitors of Foxquilt include Rates.ca, Insurdinary and EasyInsure. Here is the list of Top 10 competitors of Foxquilt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform enabling formation of social groups to avail insurance savings | $22.3M | 55/100 | ||
2nd | Online insurance comparison platform for individuals | $51M | 44/100 | ||
3rd | Insurdinary 2016, Vaughan (Canada), Unfunded | Insurance comparison platform | - | - | 36/100 |
4th | EasyInsure 2007, Windsor (Canada), Acquired | Online insurance broker platform | - | - | 36/100 |
5th | CAA Manitoba 2000, Winnipeg (Canada), Unfunded | Online comparison platform for life and non-life insurances | - | - | 35/100 |
6th | Provider of online platform for comparing and purchasing insurance policies | $3.85M | - | 35/100 | |
7th | PolicyAdvisor 2018, Toronto (Canada), Unfunded | Insurance comparison platform | - | - | 35/100 |
8th | Keyes Insurance 1926, Bedford (Canada), Unfunded | Online comparison platform for auto, home, life, and liability insurances | - | - | 32/100 |
9th | Insurance Comparison and Reviews | - | - | 31/100 | |
10th | Kanetix.ca 1999, Toronto (Canada), Acquired | Comparison portal for car insurance quote, mortgage, and credit card products | - | - | 29/100 |
Looking for more details on Foxquilt's competitors? Click here to see the top ones
Foxquilt's Investments and acquisitions
Foxquilt has made no investments or acquisitions yet.
News related to Foxquilt
Media has covered Foxquilt for 1 event in last 1 year, It was about partnerships.
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Bold Penguin Expands Coverage Options With FoxquiltFintech Finance•Mar 06, 2026•Foxquilt, Bold Penguin
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Foxquilt Launches eCommerce Insurance Product in the State of New YorkInsuranceNewsNet•Oct 20, 2022•Foxquilt
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Luge leads C$8m financing of insurtech startup FoxquiltVCJ•Sep 16, 2021•Foxquilt, Luge Capital, AmTrust Financial, Extreme Venture Partners and 1 other
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Canadian Insurtech Foxquilt Announces Partnership With Digital PartnersCrowdfund Insider•Feb 01, 2021•Foxquilt, Munich Re, DigitalPartners.io
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