Ennabl, a Greenwich, CT-based provider of an insurtech data analytics platform, raised $8M in Series A funding.
The round was led by Brewer Lane Ventures, with participation from Altai Ventures and private investors.
The company intends to use the funds to invest in product development, expand its sales and marketing efforts, and grow its team.
Led by CEO Kabir Syed, Ennabl provides brokers with a SaaS insurance platform to solve data, insights, and workflow challenges. Its machine learning algorithms provide actionable intelligence for brokers to increase their commissions, find new customers, grow their book of business, and manage carrier strategy by extracting, cleaning, and enriching data from all of the broker’s systems and processes. By utilizing the platform, they can minimize the time spent on data maintenance and allocate more attention to enhancing their clients’ experience and their bottom line.
FinSMEs
26/07/2023