PolicyFly - About the company
PolicyFly is a seed company based in New York City (United States), founded in 2018 by Marcel Esser, Michael Fiedel and Cory Crosland. It operates as an Insurance policy management & administration solutions for the insurance industry. PolicyFly has raised $500K in funding from Y Combinator. The company has 268 active competitors, including 46 funded and 55 that have exited. Its top competitors include companies like Guidewire, Duck Creek and iPipeline.
Company Details
Insurance policy management & administration solutions for the insurance industry. It offers solutions for insurance quoting, insurance binding, policy management, and more. It also offers software for policy management, insurance underwriting, insurance reporting, and more.
- Website
- www.policyfly.com/
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
109th among 268 active competitors
Employee Count
22 as on Apr 30, 2026
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PolicyFly's funding and investors
PolicyFly has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Mar 2022 for $*****. 1 investor participated in its latest round. PolicyFly has 2 institutional investors.
Here is the list of recent funding rounds of PolicyFly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 2022 | 9480177 | Seed | 9042254 | 6117321 | 7056388 | 2949720 |
View details of PolicyFly's funding rounds and investors
PolicyFly's founders and board of directors
Founder? Claim ProfileThe founders of PolicyFly are Marcel Esser, Michael Fiedel and Cory Crosland. Cory Crosland is the CEO of PolicyFly.
Here are the details of PolicyFly's key team members:
- Marcel Esser: Co-Founder of PolicyFly. Contact Info: 1 email address
- Michael Fiedel: Co-Founder, COO of PolicyFly.
- Cory Crosland: Co-Founder & CEO of PolicyFly.
View details of PolicyFly's Founder profiles and Board Members
PolicyFly's employee count trend
PolicyFly has 22 employees as of Apr 26. Here is PolicyFly's employee count trend over the years:
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PolicyFly's Competitors and alternates
Top competitors of PolicyFly include Guidewire, Duck Creek and iPipeline. Here is the list of Top 10 competitors of PolicyFly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guidewire 2001, San Mateo (United States), Public | Cloud-based platform for property and casualty insurance | - | 77/100 | |
2nd | Duck Creek 2000, Boston (United States), Acquired | Provider of cloud-based solutions for property and casualty and general insurance | $350M | 71/100 | |
3rd | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 70/100 | |
4th | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
5th | Insurity 1985, Hartford (United States), Acquired | AI and cloud-based policy management and claims administration solutions | $57M | 67/100 | |
6th | Bold Penguin 2016, Columbus (United States), Acquired | Software suite for the commercial insurance industry | $50.1M | 66/100 | |
7th | OneShield 1999, Marlborough (United States), Series E | Cloud-based insurance policy and claims management solutions for the p&c insurance industry | $52.5M | 65/100 | |
8th | Newfront 2017, San Francisco (United States), Acquired | Provider of insurance brokerage and total rewards services | $300M | 64/100 | |
9th | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
10th | Insurance policy administration and compliance solutions for the insurance industry | - | 64/100 | ||
109th | PolicyFly 2018, New York City (United States), Seed | Insurance policy management & administration solutions for the insurance industry | $500K | 31/100 |
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PolicyFly's Investments and acquisitions
PolicyFly has made no investments or acquisitions yet.
News related to PolicyFly
•
Functional Finance Partners with PolicyFly to Transform Specialty Insurance OperationsFunctional Finance•Feb 12, 2025•Functional Finance, PolicyFly
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