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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.
Social
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Phone Number
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Key Metrics
Founded Year
2016
Location
Toronto, Canada
Stage
Series B
Total Funding
$22.3M in 5 rounds
Latest Funding Round
Ranked
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:lockFilter this list
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
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Foxquilt's founders and board of directors

Founder? Claim Profile
The founders of Foxquilt is Mark Morissette. Mark Morissette is the CEO of Foxquilt.
Here are the details of Foxquilt's key team members:

Foxquilt's employee count trend

Foxquilt has 44 employees as of Apr 26. Here is Foxquilt's employee count trend over the years:
Employee count trend for Foxquilt
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Foxquilt
Foxquilt
2016, Toronto (Canada), Series B
Platform enabling formation of social groups to avail insurance savings
$22.3M
55/100
2nd
Logo for Rates.ca
Rates.ca
2014, Toronto (Canada), Acquired
Online insurance comparison platform for individuals
$51M
44/100
3rd
Logo for Insurdinary
Insurdinary
2016, Vaughan (Canada), Unfunded
Insurance comparison platform
-
-
36/100
4th
Logo for EasyInsure
EasyInsure
2007, Windsor (Canada), Acquired
Online insurance broker platform
-
-
36/100
5th
Logo for CAA Manitoba
CAA Manitoba
2000, Winnipeg (Canada), Unfunded
Online comparison platform for life and non-life insurances
-
-
35/100
6th
Logo for YouSet
YouSet
2017, Montreal (Canada), Seed
Provider of online platform for comparing and purchasing insurance policies
$3.85M
-
35/100
7th
Logo for PolicyAdvisor
PolicyAdvisor
2018, Toronto (Canada), Unfunded
Insurance comparison platform
-
-
35/100
8th
Logo for Keyes Insurance
Keyes Insurance
1926, Bedford (Canada), Unfunded
Online comparison platform for auto, home, life, and liability insurances
-
-
32/100
9th
Logo for InsurEye
InsurEye
2011, Toronto (Canada), Unfunded
Insurance Comparison and Reviews
-
-
31/100
10th
Logo for Kanetix.ca
Kanetix.ca
1999, Toronto (Canada), Acquired
Comparison portal for car insurance quote, mortgage, and credit card products
-
-
29/100
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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.
Digital MGA Foxquilt secures $12m fundingReinsurance NewsJul 25, 2023Foxquilt, ICM, ICM
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