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Insurify - About the company

Insurify is a series B company based in Cambridge (United States), founded in 2013. It operates as an Online comparison platform for car insurance. Insurify has raised $152M in funding from investors like Nationwide, MTech Capital and MassMutual Ventures, with a current valuation of $*****. The company has 249 active competitors, including 25 funded and 39 that have exited. Its top competitors include companies like EverQuote, NerdWallet and Policygenius.

Company Details

Online comparison platform for car insurance. It offers insurance quotes for accident coverage, home protection, vehicle repair protection, property damage protection, life coverage, and more. It also offers claim assistance solutions.
Social
X
Registered Address
Cambridge, Massachusetts
Key Metrics
Founded Year
2013
Location
Cambridge, United States
Stage
Series B
Total Funding
$152M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 25, 2023
Investors
Ranked
Employee Count
257 as on Sep 30, 2026
Investment & Acquisitions
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Insurify's funding and investors

Insurify has raised a total funding of $152M over 5 rounds. Its first funding round was on Feb 06, 2015. Insurify has 13 institutional investors.

Here is the list of recent funding rounds of Insurify:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 25, 2023
3784656
Series B
3747505
1140514
5058763
5332082
Sep 01, 2021
4819306
Series B
4187567
7736882
2577916
Nov 19, 2019
7568114
Series A
2991836
6420823
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Insurify's founders and board of directors

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Insurify's employee count trend

Insurify has 257 employees as of Sep 26. Here is Insurify's employee count trend over the years:
Employee count trend for Insurify
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Insurify's Competitors and alternates

Top competitors of Insurify include EverQuote, NerdWallet and Policygenius. Here is the list of Top 10 competitors of Insurify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EverQuote
EverQuote
2011, Cambridge (United States), Public
Online comparison platform for automotive & other insurances
$37.6M
74/100
2nd
Logo for NerdWallet
NerdWallet
2009, San Francisco (United States), Public
App-based comparison platform for financial products
$123M
73/100
3rd
Logo for Policygenius
Policygenius
2014, New York City (United States), Acquired
App-based insurance comparison platform for individuals
$288M
72/100
4th
Logo for Insurify
Insurify
2013, Cambridge (United States), Series B
Online comparison platform for car insurance
$152M
72/100
5th
Logo for The Zebra
The Zebra
2012, Austin (United States), Series D
Online insurance comparison platform for individuals
$262M
65/100
6th
Logo for Way
Way
2012, Sunnyvale (United States), Seed
App-based platform to find car parking, auto insurance & car wash services
$3.4M
58/100
7th
Logo for e-TeleQuote Insurance
e-TeleQuote Insurance
2011, Clearwater (United States), Acquired
Online medical insurance comparison platform for individuals
$5M
54/100
8th
Logo for CoverHound
CoverHound
2010, San Francisco (United States), Acquired
Online insurance comparison platform for individuals and businesses
$119M
53/100
9th
Logo for Amplify Life Insurance
Amplify Life Insurance
2019, San Francisco (United States), Series B
Online insurance comparison platform
$67.1M
51/100
10th
Logo for Jerry
Jerry
2017, Palo Alto (United States), Unfunded
AI-powered car insurance comparison platform
-
-
51/100
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Insurify's Investments and acquisitions

Insurify has made 1 investment in Guros and acquired Compare.com.

Reports related to Insurify

Here is the latest report on Insurify's sector:

News related to Insurify

lockFilter this list
Media has covered Insurify for a total of 13 events in the last 1 year, 9 of them have been about company updates and 3 about partnerships.
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