Tech Company Financing Transactions
QuoteWell Funding Round
On 10/24/2023, QuoteWell raised $15 million in Series A financing from New Enterprise Associates, Floating Point and Goldcrest Capital.
Transaction Overview
Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its team and enhance the infrastructure for automation and operational efficiencies.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
501 Congress Avenue 150
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Undisclosed
Website
Email Address
Overview
QuoteWell is a digital-first platform that meets the demands of the contemporary insurance sector. Developer of a data-driven platform designed for the insurance industry. The company offers an integrated submission process that transmits insured applications to any commercial lines underwriter and secure data transfers to multiple carriers, enabling agents and brokers to gain access to a modern risk transfer infrastructure and their book of business.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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