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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.
Part Of
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Seed
Total Funding
$500K in 1 round
Latest Funding Round
Investors
Ranked
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
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PolicyFly's founders and board of directors

Founder? Claim Profile
The 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:

PolicyFly's employee count trend

PolicyFly has 22 employees as of Apr 26. Here is PolicyFly's employee count trend over the years:
Employee count trend for PolicyFly
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Guidewire
Guidewire
2001, San Mateo (United States), Public
Cloud-based platform for property and casualty insurance
-
77/100
2nd
Logo for Duck Creek
Duck Creek
2000, Boston (United States), Acquired
Provider of cloud-based solutions for property and casualty and general insurance
$350M
71/100
3rd
Logo for iPipeline
iPipeline
1995, Exton (United States), Acquired
Cloud-based software suite for life insurance and financial services industry
$104M
70/100
4th
Logo for FintechOS
FintechOS
2017, London (United Kingdom), Series B
Provider of AI-based software suite for the banking and insurance industry
$146M
68/100
5th
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
67/100
6th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
66/100
7th
Logo for OneShield
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
Logo for Newfront
Newfront
2017, San Francisco (United States), Acquired
Provider of insurance brokerage and total rewards services
$300M
64/100
9th
Logo for Bravura Solutions
Bravura Solutions
2004, Edinburgh (United Kingdom), Acquired
Software solutions for life insurance and wealth management
$28.4M
64/100
10th
Logo for Sapiens
Sapiens
1982, Holon (Israel), Acquired
Insurance policy administration and compliance solutions for the insurance industry
-
64/100
109th
Logo for PolicyFly
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

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