AgentSync, a Denver, CO-based provider of tools and infrastructure for the insurance industry, raised $25m in Series A funding.
The round, which brought the company’s valuation to $220m, was co-led by Elad Gil and David Sacks’ Craft Ventures, with participation from Marc Benioff, Caffeinated Capital, Operator Collective, and Nine Four Ventures.
The company will use the funds to accelerate product development to build its comprehensive producer management solution.
Founded in 2018 by Niranjan “Niji” Sabharwal and Jenn Knight, AgentSync leverages automation and technology to build AgentSync Manage, its tech-forward producer management system. The product is built on the Salesforce platform and offers direct integration with NIPR (National Insurance Producer Registry) to enable carriers, agencies, and MGAs to grow and scale. Customers include Hippo Insurance, Lemonade, Hub International, Embroker, iptiQ (a subsidiary of Swiss Re), Beam Dental, Centene, and Rippling, among others.