Tech Company Financing Transactions
DealerPolicy Funding Round
DealerPolicy, based in Williston, raised $110 million from Goldman Sachs, 3L Capital and Hudson Structured Capital Management.
Transaction Overview
Company Name
Announced On
8/30/2021
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds: to further develop and embed modern day insurance throughout the entire car shopping and ownership experience, expedite the roll-out of its insurance distribution and fulfillment solutions with its major insurance carrier partners, triple its product and engineering teams over the next 12 months by hiring new talent and increase investments in strategic partnerships.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
2300 Saint George Rd.
Williston, VT 05495
USA
Williston, VT 05495
USA
Phone
Website
Email Address
Overview
DealerPolicy is the most trusted and complete digital insurance marketplace for automotive retailers and their valued customers. The company's innovative mobile technology enables car-buyers to view multiple insurance quotes and immediately connect with licensed insurance agents to purchase insurance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Travis Fitzgerald
Chief Financial Officer
Kurt Liebegott
Chief Marketing Officer
Chris Omark
President
Wayne Pastore
VP - Bus. Development
Jay Hicks
VP - Human Resources
Kristin Perry
VP - Operations
Mark Vesosky
VP - Product Management
Michael Burgiss
VP - Sales
Tara Kasica
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