Full-Time
Posted on 6/3/2025
Lead-generation marketplace connecting consumers with insurers
$127k - $208k/yr
Cambridge, MA, USA
Hybrid
Hybrid role; in-office several days per week.
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EverQuote operates an online insurance marketplace that connects consumers with insurance providers. It helps individuals seeking policies for homes, cars, and families find and compare options through a digital platform. Users input personal details and insurance needs; the platform prequalifies them and matches them with suitable insurers in their area, enabling side-by-side comparisons so customers can choose the best option. Revenue comes from a lead-generation model in which insurers pay EverQuote for the leads generated through the platform. The company also uses interest-based advertising to show targeted ads based on collected user data. The goal is to make insurance shopping easier, faster, and more affordable by using technology to pair consumers with relevant insurance options and providers.
Company Size
201-500
Company Stage
IPO
Headquarters
Cambridge, Massachusetts
Founded
2010
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Flexible Work Hours
Hybrid Work Options
Performance Bonus
Pension plan
Health Insurance
Dental Insurance
Vision Insurance
Enhanced parental leave
Work From Home Allowance
TD SYNNEX, a global technology distributor serving as a middleman in the IT supply chain, stands out amongst cash-producing companies with a trailing 12-month free cash flow margin of 1.9%. The company has demonstrated strong fundamentals with annual revenue growth of 25.6% over the past five years and a massive revenue base of $65.14 billion. Share buybacks have driven earnings per share growth to 15.6%, outpacing revenue gains over the last two years. In contrast, online insurance marketplace EverQuote faces challenges with high marketing expenses suggesting heavy customer acquisition costs, whilst ANI Pharmaceuticals struggles with a modest revenue base of $883.4 million, declining operating margins, and negative returns on capital indicating failed growth strategies.
EverQuote's analyst fair value has edged from $23.83 to $24.17 following strong Q4 results, though multiple firms have lowered price targets amid tempered growth expectations. B. Riley, JPMorgan and Canaccord cited record Q4 execution, with revenue up 12% sequentially and adjusted EBITDA exceeding guidance, supported by auto insurance strength and new marketing channels. However, Needham, B. Riley, JPMorgan, Canaccord and Raymond James all reduced targets. Needham pointed to below-consensus Q1 guidance as insurance carriers adopt more disciplined spending after strong Q4. Raymond James flagged sector-wide pressure from AI displacement concerns. The company guided first-quarter 2026 revenue between $175 million and $185 million. Analysts noted durable growth, margin expansion and strong cash flow, though near-term revenue uncertainty persists.
MediaAlpha, an insurance marketplace technology platform, has demonstrated strong momentum with 69.4% annual revenue growth over the past two years. The company, which connects insurance carriers with consumers, is trading at a market capitalisation of $544.6 million. The platform processes nearly 10 million consumer referrals monthly across property, casualty, health and life insurance products. Forecasted revenue growth of 11.8% for the next 12 months suggests sustained momentum. Earnings per share growth of 564% annually has significantly outpaced revenue expansion, indicating improving profitability as the business scales. Ryan Specialty, a wholesale insurance broker founded in 2010, posted impressive metrics including 21.2% annual revenue growth and a robust 19.2% free cash flow margin. The company trades at $4.73 billion market capitalisation.
Several growth stocks fell after January's Producer Price Index rose 0.5%, significantly above the 0.3% forecast, with core PPI jumping 0.8% versus expected 0.3%. The hotter-than-expected wholesale inflation data raised concerns the Federal Reserve may delay interest rate cuts, weighing particularly on growth-oriented technology sectors. Duolingo fell 17.4% after reporting disappointing fourth-quarter results, with full-year revenue and EBITDA guidance missing Wall Street estimates, despite beating EBITDA expectations and expanding its user base. Other affected stocks included Carvana, down 5.5%; Revolve, down 5.7%; EverQuote, down 5.5%; and Fiverr, down 7.4%. The prospect of prolonged higher interest rates reduces the present value of future earnings for growth companies, prompting the broad-based sell-off.
EverQuote, an online insurance marketplace, reported fourth quarter revenue of $195.3 million, up 32% year-over-year, with GAAP net income reaching $57.8 million. The net income included a $38.4 million one-time deferred tax benefit from releasing a valuation allowance. Adjusted EBITDA grew 32% to $25.1 million. For full year 2025, revenue increased 38% to $692.5 million, whilst adjusted EBITDA jumped 62% to $94.6 million. The company generated $95.4 million in operating cash flow and ended the year with $171.4 million in cash. Automotive insurance accounted for $629.8 million in annual revenue, whilst home and renters insurance contributed $62.7 million. For Q1 2026, EverQuote forecasts revenue of $175 million to $185 million and adjusted EBITDA of $23.5 million to $26.5 million.