ennabl, a Greenwich, CT-based insurtech company, raised $4M in Seed funding.
The round was led by Vine Ventures.
The company intends to use the funds to expand its platform and its team of engineers, data experts, and insurance technology professionals.
Led by founder Kabir Syed, ennabl is a platform that unifies data to enhance the ability of insurance brokers to source, advise and manage clients. By focusing on brokers’ challenges and pain points, it provides insurance producers with the technology and tools required to gather customer and industry data and streamline the client acquisition and servicing processes. The platform will help insurance professionals understand their customers’ needs and provide solutions.
The foundation for the platform is ennablDATA, Data-as-a-Service (DaaS) offering for insurance brokers, built to automatically extract structure and connect brokers’ data from various disconnected systems. Using algorithms and AI to structure brokers’ data across systems, ennablDATA automatically standardizes and dedupes client and policy information. The platform also enriches brokers’ data with industry, COPE, behavioral, and demographic data. The company’s offering also includes ennablDECISIONS, an analytical search engine giving brokers and agents access to advanced insights and providing a unified view of their business.
FinSMEs
21/02/2022