QuoteWell

QuoteWell

Automates commercial insurance submissions for agents

Overview

Quotewell is a subscription-based platform that streamlines commercial insurance submissions for independent agents by consolidating carrier questions into a single form and securely routing data to multiple carriers. It is designed with input from local agencies to match real workflows and reduce manual back-and-forth. The platform uses data science and software engineering to automate data flow, speeding quotes and coverage decisions. Its goal is to help agents grow their book of business by saving time on administrative tasks and increasing client activity, differentiating itself by aligning closely with agents’ workflows across multi-carrier submissions.

About QuoteWell

Simplify's Rating
Why QuoteWell is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Financial Services

Company Size

51-200

Company Stage

Early VC

Total Funding

$27M

Headquarters

Austin, Texas

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $32M total by October 2025 to expand Southeast and West Coast.
  • Partners with Herald since May 2023 for instant quoting across 60 products.
  • IIAT partnership boosts Texas independent agent adoption.

What critics are saying

  • FurtherAI's $25M Series A erodes automation edge in 12 months.
  • Casey YC funding accelerates competition in submissions within 18 months.
  • NEA-led funding trails Liberate's $50M, slowing R&D by 2027.

What makes QuoteWell unique

  • QuoteWell blends AI-driven submissions with in-house brokers for non-admitted risks.
  • Human+ approach fuses advanced tech and human expertise since 2021.
  • Appetite-driven triage scans 45+ carriers for optimal placements.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$27M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Competitive salaries + equity in the company

Medical, dental, & vision

FSA and HSA options

Unlimited vacation policy

Paid membership to One Medical

Company-sponsored 401K plan (Roth & Traditional)

Paid parental leave

Family forming benefits & reimbursements through Carrot

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Castle Placement
Oct 21st, 2025
Top 10 Insurance/InsurTech Capital Raises and Investors in the U.S. - October 1st - 15th, 2025

Top 10 Insurance/InsurTech capital raises and investors in the U.S. - october 1st - 15th, 2025. Several interesting transactions closed in the Insurance/InsurTech sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me. * * FurtherAI, artificial intelligence-powered workflow automation tools that optimizes commercial insurance operations, raised $25 million of Series A venture funding in a deal led by Andreessen Horowitz. * Liberate Innovations, SaaS-based insurance platform that delivers a digital and voice claims experience, raised $50 million of Series B venture funding in a deal led by Battery Ventures. * Meanwhile, life insurance platform for long-term wealth planning purposes, raised $82 million of venture funding in a deal led by Bain Capital, Haun Ventures Management and Pantera Capital. * QuoteWell, data-driven platform for the insurance industry, raised an estimate $10 million of venture funding in a deal led by New Enterprise Associates. * * Casey (Financial Software), insurance platform that automates submission preparation and streamlines workflows for hard-to-place lines, joined Y Combinator as a part of its Fall 2025 batch and received $500,000 in funding in the form of SAFE notes. * Fernstone, AI-based insurance brokerage platform that helps businesses manage risk, stay compliant, and get support, joined Y Combinator as a part of its Fall 2025 batch and received $500,000 in funding in the form of SAFE. Axel reijmers. Managing director. Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement(R) does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.

FinSMEs
Oct 8th, 2025
QuoteWell Raises Additional $12M in Funding

QuoteWell, an Austin, TX-based tech-driven wholesale insurance brokerage, raised additional $12M in funding.

PR Newswire
Oct 8th, 2025
QuoteWell Raises $12M for AI Brokerage

QuoteWell, a tech-driven wholesale insurance brokerage, has secured an additional $12 million in funding, raising its total capital to $32 million. The funding will expand its producer footprint in the Southeast and West Coast and enhance its AI-driven platform. Led by Brand Foundry Ventures, the round included new and existing investors like Goldcrest Capital and Floating Point. QuoteWell aims to improve efficiency in placing complex commercial risks in the non-admitted insurance market.

The Business Journals
Oct 7th, 2025
QuoteWell Secures Funding for Expansion

Insurance tech firm QuoteWell has secured significant funding to support its national growth. The company plans to use the investment to expand its operations across the country.

Coverager
May 22nd, 2024
Quotewell Partners With Independent Insurance Agents Of Texas

QuoteWell <i class="fa fa-info-circle company-popover" data-content="h3QuoteWell/h3. div. table

Recently Posted Jobs

Sign up to get curated job recommendations

QuoteWell is Hiring for 6 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →