Insurmi - About the company
Insurmi is a deadpooled company based in Phoenix (United States), founded in 2016 by Sonny Patel. It operates as a White label insurance platform developer for agents. Insurmi has raised $1.04M in funding from Global Insurance Accelerator and Coplex. The company has 481 active competitors, including 67 funded and 48 that have exited. Its top competitors include companies like Wefox, Agentero and Newfront.
Company Details
Insurmi is a white label insurance platform developer for agents. Offers a customizable insurance platform for agents which enable them to manage bots and track user results. Guides users on desktop and mobile through a coverage needs analysis and provides real-time quotes. Offers real-time, actionable insights on how users are interacting with the interfaces. Also helps in lead generation activities.
- Website
- insurmi.com
- Social
- Email ID
- *****@insurmi.com
Key Metrics
Founded Year
2016
Location
Phoenix, United States
Stage
Deadpooled
Total Funding
$1.04M in 2 rounds
Latest Funding Round
Investors
Ranked
148th among 481 active competitors
Employee Count
3 as on Apr 30, 2026
Legal entities associated with Insurmi
Insurmi is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Insurmi, Inc. CIN: 813117811 , United States, Active | Dec 31, 2015 | - | - | - |
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Insurmi's funding and investors
Insurmi has raised a total funding of $1.04M over 2 rounds. Its first funding round was on Jan 10, 2018. Its latest funding round was a Seed round on Jun 24, 2019 for $*****. 1 investor participated in its latest round. Insurmi has 4 institutional investors.
Here is the list of recent funding rounds of Insurmi:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 24, 2019 | 9943945 | Seed | 3743506 | 4316610 | 1972939 | 5106575 |
Jan 10, 2018 | 7914613 | Seed | 7459466 | 7791602 | 4485139 |
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Insurmi's founders and board of directors
Founder? Claim ProfileThe founders of Insurmi is Sonny Patel. Sonny Patel is the CEO of Insurmi.
Here are the details of Insurmi's key team members:
- Sonny Patel: Founder & CEO of Insurmi. Contact Info: 1 email address
View details of Insurmi's Founder profiles and Board Members
Insurmi's employee count trend
Insurmi has 3 employees as of Apr 26. Here is Insurmi's employee count trend over the years:
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Insurmi's Competitors and alternates
Top competitors of Insurmi include Wefox, Agentero and Newfront. Here is the list of Top 10 competitors of Insurmi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wefox 2015, Roggwil (Switzerland), Acquired | App-based P&C insurance comparison platform for individuals | $1.61B | 69/100 | |
2nd | Agentero 2017, Berkeley (United States), Series A | App-based agency management solutions for insurance agents | $23.5M | 67/100 | |
3rd |  Newfront 2017, San Francisco (United States), Acquired | Provider of insurance brokerage and total rewards services | $300M | 64/100 | |
4th |  180 Seguros 2020, Brazil, Series A | Platform offering personalized home insurance solutions | $52M | 62/100 | |
5th |  Coverstack 2010, Mumbai (India), Series A | Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions | $55.8M | 62/100 | |
6th | Sixfold 2023, New York City (United States), Series B | AI-based platform offering underwriting automation and decision‑support for insurers | $51.5M | 61/100 | |
7th |  COVU 2004, Redwood City (United States), Series B | Provider of insurance agency management solutions | $50M | 59/100 | |
8th |  FIDX 2017, Berwyn (United States), Series B | Provider of technology solutions connecting brokerage, insurance, and advisory ecosystems | $15.9M | 59/100 | |
9th |  Zywave 1995, Milwaukee (United States), Acquired | Provider of cloud-based agency management solutions for the insurance industry | - | 55/100 | |
10th | Insuritas 1998, South Windsor (United States), Acquired | Insurance agency management solutions for insurance brokers | $10M | 55/100 | |
148th |  Insurmi 2016, Phoenix (United States), Deadpooled | White label insurance platform developer for agents | $1.04M | 27/100 |
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Insurmi's Investments and acquisitions
Insurmi has made no investments or acquisitions yet.
Reports related to Insurmi
Here is the latest report on Insurmi's sector:
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