Talage, a Reno, Nev.-based digital insurance platform, closed a $5m Series A funding.
The round was led by Merus Capital, with participation from Calibrate Ventures, WTI and Hallador Investment Advisors.
The company intends to use the new funds to scale its engineering and business development teams.
Founded in 2015 by Adam Kiefer, Matt Donovan and Zachary Draper, Talage provides a SaaS based platform enables small business owners to purchase essential commercial coverage from agents online. The platform is now live across the country, having sold over $1 million in insurance coverage to businesses in over 40 states via its solution. The company’s 12 carrier partnerships allow agents to instantly sell coverage under their licenses and appointments via any digital channel.