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