QuoteWell - About the company
QuoteWell is a series A company based in Austin (United States), founded in 2021. It operates as a Provider of tech-enabled wholesale insurance brokerage services. QuoteWell has raised $27M in funding from New Enterprise Associates. The company has 42 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Finhaat, blau direkt and WCIRB.
Company Details
Provider of tech-enabled wholesale insurance brokerage services. It connects agents with carriers to place complex commercial insurance risks, particularly in the non-admitted market. The company utilizes proprietary technology to streamline the quoting process, improve transparency, and reduce response times. A unified team approach ensures comprehensive risk assessment and optimal coverage solutions for clients. Services are offered through a platform and email, providing flexibility for agents.
- Website
- quotewell.com
- Email ID
- *****@quotewell.com
Key Metrics
Founded Year
2021
Location
Austin, United States
Stage
Series A
Total Funding
$27M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 42 active competitors
Employee Count
54 as on Sep 30, 2026
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QuoteWell's funding and investors
QuoteWell has raised a total funding of $27M over 2 rounds. Its first funding round was on Oct 24, 2023. Its latest funding round was a Series A round on Oct 08, 2025 for $*****. 5 investors participated in its latest round. QuoteWell has 5 institutional investors.
Here is the list of recent funding rounds of QuoteWell:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 08, 2025 | 3917724 | Series A | 2393680 | 3744357 | 4472644 | 1505822 |
Oct 24, 2023 | 4534513 | Series A | 2982816 | 5512440 |
View details of QuoteWell's funding rounds and investors
QuoteWell's founders and board of directors
Founder? Claim ProfileQuoteWell's employee count trend
QuoteWell has 54 employees as of Sep 26. Here is QuoteWell's employee count trend over the years:
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QuoteWell's Competitors and alternates
Top competitors of QuoteWell include Finhaat, blau direkt and WCIRB. Here is the list of Top 10 competitors of QuoteWell, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | QuoteWell 2021, Austin (United States), Series A | Provider of tech-enabled wholesale insurance brokerage services | $27M | 55/100 | |
2nd | Provider of a B2B platform for financial product distribution | $6.65M | 50/100 | ||
3rd | blau direkt 1999, Lubeck (Germany), Acquired | Software suite for insurance intermediaries | - | - | 48/100 |
4th | WCIRB 1915, Oakland (United States), Unfunded | Workers' compensation insurance rating solutions for the insurance industry | - | - | 44/100 |
5th | Quoting software for insurance agents | - | - | 35/100 | |
6th | UnifyGPT 2023, Irvine (United States), Funding Raised | Provider of AI-powered autonomous agents for the insurance industry | - | - | 32/100 |
7th | Cake 2021, Indianapolis (United States), Seed | Online platform for buying and selling insurance books of business | $1.55M | 32/100 | |
8th | Insurtech company that offers an insurance platform | $7.67M | 32/100 | ||
9th | Platform providing pre-set products and channels for customers | - | - | 31/100 | |
10th | Product aggregation, insurance planning, and branding solutions for the insurance industry | $45.2K | 28/100 |
Looking for more details on QuoteWell's competitors? Click here to see the top ones
QuoteWell's Investments and acquisitions
QuoteWell has made no investments or acquisitions yet.
Reports related to QuoteWell
Here is the latest report on QuoteWell's sector:
News related to QuoteWell
Media has covered QuoteWell for 1 event in last 1 year.
•
QuoteWell Raises Additional $12M in FundingFinSMEs•Oct 08, 2025•QuoteWell, Floating Point, Goldcrest, Clocktower Ventures and 6 others
•
Ascend, QuoteWell team to streamline insurance accountingLife Insurance International•Oct 16, 2024•Ascend Software, QuoteWell
•
Ascend & QuoteWell partner to simplify non-admitted markets’ quoting processReinsurance News•Oct 16, 2024•Ascend Communications, QuoteWell
•
Ascend Announces Strategic Partnership with QuoteWell to Modernize MGA Accounting and Payments WorkflowsPR Newswire•Oct 15, 2024•Ascend, QuoteWell
•
QuoteWell partners with IIAT to revolutionise insurance brokerage experienceFintech•May 24, 2024•QuoteWell, Iiat
•
QuoteWell emerges from stealth with $15M Series A funding led by NEAReinsurance News•Oct 30, 2023•QuoteWell, New Enterprise Associates, Goldcrest, Goldcrest and 1 other
•
Texas’ QuoteWell Announces Launch of Brokerage OperationsInsurance Journal•Oct 25, 2023•QuoteWell, Nea, Goldcrest, New Enterprise Associates
•
•
QuoteWell Launches Instant Quoting Powered by HeraldFintech Finance•May 30, 2023•QuoteWell, HeraldAPI
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