Announced
Completed
Financials
Sources
Tags
Friendly
Private
insurance agents
Venture Capital
Full Line Insurance
Private Equity
United States
Acquisition
Minority
Completed
Cross Border
Synopsis
Motive Partners, a private equity firm, led a $100m Series B financing in Insurify, a virtual insurance agent. Additional investors included existing investors Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures, Moneta VC, and new investors Viola Growth and Fort Ross Ventures. “Our mission is to strengthen the trust between the customer and the agent by building the smartest, most reliable virtual insurance agent in the industry. We want to empower our customers to make the best decisions about their insurance and be confident that they can get immediate savings through our product,” Snejina Zacharia, Insurify founder and CEO.
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