SelectQuote (Series A)

Funding Details
Awarder
Inbox
Date Award
January 15, 2023
Vertical
Insurance Technology
Funding URL
View Funding Page
Premoney Valuation
$450,000,000
Valuation
$500,000,000
Funding Amount:
$50,000,000

Company Info
Founding Year
1985
Traction
SelectQuote has seen a 200% increase in user sign-ups over the past year, with a current customer base of over 1 million users. The company has also established partnerships with major insurance providers, enhancing its market presence.
Revenue Amount
$30,000,000
ARR
$25,000,000
Organizations Involved
Insurance Providers Inc., Tech Insurance Group
Founders
Timothy O'Connor, Sarah Johnson
Company Description
SelectQuote is a technology-driven insurance brokerage that helps consumers find the best insurance policies tailored to their needs. By leveraging advanced algorithms and a user-friendly platform, SelectQuote simplifies the insurance purchasing process, making it more accessible and efficient for users.
Market
Insurance
Location
San Francisco, California, USA
Coinvestors
XYZ Ventures, ABC Capital

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