Highwing, a Denver, Colo.-based insurance technology company, raised $4M in seed funding.
The round was led by a middle market subsidiary of BRP Group, Inc. (NASDAQ:BRP), and BrokerTech Ventures, with participation from Holmes Murphy, The ABD Team, Conner Strong & Buckelew and Heffernan Insurance Brokers. They join SkyKnight Capital, Revolution’s Rise of the Rest Seed Fund, SpringTime Ventures, Cameron Ventures, and Service Provider Capital.
Led by CEO Erik Mitisek, Highwing was born out of IMA Financial Group to help commercial insurance brokers and carriers accelerate workflows through its open data platform.
The company will use the funding to scale its engineering team and further expand its product suite by adding a placement engine that enables users to engage, organize, and submit insurance applications and collaborate with partners, through a single application.
FinSMEs
11/11/2020