QuoteVelocity

QuoteVelocity

Generates real-time insurance leads and transfers

Overview

QuoteVelocity is a lead-generation platform for the insurance industry. It uses a proprietary engine to produce real-time web leads and live transfer prospects, with a strong focus on Medicare, for its clients. Its data-driven approach combines category-specific data with lead scoring and qualification to identify consumers actively seeking insurance. The goal is to help insurers grow their customer base by delivering timely, high-intent leads and a streamlined sales pipeline.

About QuoteVelocity

Simplify's Rating
Why QuoteVelocity is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Financial Services

Healthcare

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

West Palm Beach, Florida

Founded

N/A

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Simplify's Take

What believers are saying

  • Its website claims $200 million consumer savings and $6.5 billion annual customer value.
  • QuoteVelocity still markets 2026 growth through Medicare, health, auto, and debt verticals.
  • Verisk highlighted its Jornaya partnership in 2025, reinforcing third-party validation.

What critics are saying

  • QuoteVelocity sued Hi.Q in 2022 over nearly $7 million unpaid invoices.
  • CMS Medicare marketing rules tightened scrutiny in 2025; January 2026 compliance staff departed.
  • No funding history and only an estimated $11.5 million revenue base limits resilience.

What makes QuoteVelocity unique

  • QuoteVelocity owns web properties and routes live Medicare transfers in-house.
  • It runs 200 U.S.-based agents to verify intent before handoff.
  • It combines category advertising, lead scoring, and carrier-approved compliance workflows.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Holidays

Unlimited Paid Time Off

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