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.
- Website
- insurify.com
- 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
4th among 249 active competitors
Employee Count
257 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Insurify
Insurify is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
INSURIFY CIN: 462732148 , United States, Active | Dec 31, 1999 | - | 137 (As on Dec 31, 2024) | - |
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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:
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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 |
View details of Insurify's funding rounds and investors
Insurify's founders and board of directors
Founder? Claim ProfileInsurify's employee count trend
Insurify has 257 employees as of Sep 26. Here is Insurify's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | EverQuote 2011, Cambridge (United States), Public | Online comparison platform for automotive & other insurances | $37.6M | 74/100 | |
2nd | NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 73/100 | |
3rd | Policygenius 2014, New York City (United States), Acquired | App-based insurance comparison platform for individuals | $288M | 72/100 | |
4th | Insurify 2013, Cambridge (United States), Series B | Online comparison platform for car insurance | $152M | 72/100 | |
5th | The Zebra 2012, Austin (United States), Series D | Online insurance comparison platform for individuals | $262M | 65/100 | |
6th | Way 2012, Sunnyvale (United States), Seed | App-based platform to find car parking, auto insurance & car wash services | $3.4M | 58/100 | |
7th | e-TeleQuote Insurance 2011, Clearwater (United States), Acquired | Online medical insurance comparison platform for individuals | $5M | 54/100 | |
8th | CoverHound 2010, San Francisco (United States), Acquired | Online insurance comparison platform for individuals and businesses | $119M | 53/100 | |
9th | Amplify Life Insurance 2019, San Francisco (United States), Series B | Online insurance comparison platform | $67.1M | 51/100 | |
10th | Jerry 2017, Palo Alto (United States), Unfunded | AI-powered car insurance comparison platform | - | - | 51/100 |
Looking for more details on Insurify's competitors? Click here to see the top ones
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
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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Insurify Joins Technology Leaders to Shape the Future of AI-Powered Insurance ShoppingPR Newswire•Oct 10, 2026•Insurify
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Insurify Car Surpasses 100,000 Policies as Drivers Turn to Weekly Car Insurance PaymentsPR Newswire•Sep 29, 2026•Insurify
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Instant Financial Expands Financial Wellness Platform with Insurify PartnershipGlobal Fintech Series•Aug 20, 2026•Insurify
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Insurify Expands ChatGPT Plugin with Real-Time Personalized Quotes and In-Chat ShoppingPR Newswire•Aug 19, 2026•Insurify
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Insurify Reaches Milestone of 250 Million Auto Insurance Quotes ServedPR Newswire•Jul 08, 2026•Insurify
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Drive Point Exchange Partners with Apex Auto Solutions, NAAC, and Insurify.com to Redress Dealership IssuesGlobeNewswire•Jun 28, 2026•Insurify, Naac
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Insurify Launches Insurance App on OpenAI, Integrates with ChatGPTInsurance Journal•Mar 10, 2026•Insurify
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Insurify: Auto Insurance Cost to Stabilize in 2026 After 6% Fall in 2025Insurance Journal•Feb 03, 2026•Insurify
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