AgentSync Raises $50m in Series B Extension

AgentSync Raises $50m in Series B Extension

Denver-based AgentSync, a leader in modern insurance infrastructure, has successfully secured an additional $50 million in funding. This latest investment round was co-led by existing investors Craft Ventures and Valor Ventures, bolstering the company's total funding to $161 million.

Transaction Highlights:

  • Deal Value: $50 million, taking the overall funding to $161 million
  • Investors: Co-led by Craft Ventures and Valor Ventures

AgentSync At a Glance:

  • Core Mission: Launched in 2018, AgentSync is committed to modernising insurance infrastructure through its cloud-native solutions.
  • Market Footprint: Currently working with over 200 insurance entities, spanning carriers, MGAs, and agencies across all types of insurance.
  • Growth Metrics: Experienced 3x ARR growth and a customer base expansion of over 2x since its Series B in Q4 2022.

Solving the Insurance Distribution Dilemma

AgentSync addresses a crucial issue in the insurance sector: the effective and streamlined distribution of insurance products. By creating flexible and scalable links between insurance distributors and underwriters, the company is enhancing the delivery of insurance solutions.

Tech Innovations and Customer Experience

AgentSync is aggressively advancing its tech stack with a strong focus on SaaS and API solutions. These tech avenues offer data transparency and operational efficiencies for insurers while delivering an exceptional service experience for agents and brokers.

Strategic Positioning and Future Growth

This latest round of funding enables AgentSync to double down on its product offerings for some of the nation's top carriers. As the company further refines its tech stack, it's also scaling up to meet larger and more complex carrier requirements.

Sector Impact and Industry Commentary

Investing in a modern, scalable infrastructure is becoming increasingly vital for the insurance industry. AgentSync's newly acquired capital signals its strong positioning to address the complexities and inefficiencies that have long plagued the sector.

Final Thoughts

AgentSync's fresh capital infusion confirms its pivotal role in transforming the insurance industry's infrastructure. By solving long-standing challenges and continuously innovating, the company is well-poised for future growth and industry impact.

Looking to understand your company’s valuation before your own fundraise or exit? At Clear Value we help founders of tech companies use comparable reports with structured market data to make better decisions around valuation well ahead of any investment or liquidity event. Find out how we can help here.

Back to blog