# Arqu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arqu

- Industry: Insurance
- Headquarters: San Francisco, US
- Website: www.arqu.com
- Total disclosed funding: $10M
- Latest round: Series A (May 20, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2020 by Chief Executive Officer Chi Lee and Chief Technology Officer Christopher L., Arqu, Inc. doing business as Insurance Services by arqu, operates as a provider of technology-enabled wholesale insurance brokerage that leverages advanced technology to manage the insurance distribution process. In September 2024, arqu, Inc. raised USD 10 million in Series A funding led by Crosslink Capital with participation from Lightspeed Venture Partners, Foxe Capital, and Nationwide Ventures.

Arqu, Inc. specializes in transforming commercial risk management in the Excess & Surplus (E&S) market. The company’s platform allows brokers to pre-underwrite risks before going to market, improving underwriter productivity and reducing placement times, as well as analysis of risk assessments. It leverages artificial intelligence and data-based insights to manage the risk assessment and underwriting process for retail clients. As of 2024, the firm provides services to various industries such as construction, real estate, energy, and environmental.

The company plans to use the funding from September 2024 to support expansion into new industry verticals and accelerate product development.

## Funding rounds

- Series A, May 20, 2024, $10M — Lightspeed Venture Partners, Crosslink Capital, Intact Ventures, Nationwide Ventures, Foxe Capital

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A
- Intact Ventures (https://capitalatlas.ai/funds/intact-ventures) — Series A
- Nationwide Ventures (https://capitalatlas.ai/funds/nationwide-ventures) — Series A
- Foxe Capital (https://capitalatlas.ai/funds/foxe-capital) — Series A