AgentSync, a Denver, CO-based modern insurance infrastructure company, raised $50M in funding.
The round, which brought the total amount to $161M, was led by Craft Ventures and Valor Ventures.
The company intends to use the funds to expand its development efforts.
Founded in 2018 by Niranjan “Niji” Sabharwal and Jenn Knight, AgentSync builds modern insurance infrastructure that connects carriers, agencies, MGAs, and producers. Its solutions provide data intelligence and streamlined onboarding and compliance management processes that reduce costs, increase efficiency, and get producers ready to sell in hours instead of weeks.
Since raising the Series B in Q4 2022, AgentSync has seen 3x ARR growth and more than 2x customer growth. the company works with more than 200 insurance companies spanning carriers, MGAs, and agencies, covering all lines of insurance.
FinSMEs
26/10/2023