# Highwing

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

- Industry: Financial Services
- Headquarters: Denver, US
- Website: www.highwing.io
- Total disclosed funding: $4M
- Latest round: Seed (Nov 10, 2020)
- Investors on record: 12

## About

Highwing Inc. is a specialized insurance software provider focusing on brokers and carriers in the commercial insurance sector, enhancing data connectivity and operational efficiency through its innovative platforms.Highwing Inc. provides advanced insurance technology solutions tailored for brokers and carriers. The company is headquartered in Denver, US, and was founded by Erik Mitisek, who has a history of entrepreneurial ventures. Highwing has completed two deals, with its most recent funding round being a VENTURE DEBT round in November 2021, raising USD 3.25 mn, bringing its total amount raised to USD 4.00 mn. Erik Mitisek serves as the CEO alongside James McKenney.Highwing offers a comprehensive insurance software platform specifically designed for brokers and carriers within the commercial insurance industry. Their core products include the Broker Suite and Carrier Suite, enhancing data connectivity, workflow efficiency, and customer engagement throughout the insurance lifecycle. The Broker Suite enables brokers to streamline operations by centralizing data collection, loss runs, and schedule management. The Carrier Suite, known as the Carrier H.U.B., features modern APIs and unified data models, facilitating optimized underwriting processes. Highwing's platform primarily targets the middle market segment, serving insurance brokers and carriers across North America, with potential expansion into emerging markets as technology adoption increases.Highwing generates revenue through a subscription-based model, allowing clients access to its software solutions, such as the Broker Suite and Carrier Suite. This B2B revenue structure focuses on partnerships with insurance brokers and carriers that utilize the platform's analytics and workflow capabilities to enhance their operations. Clients engage in agreements tailored to their needs, optimizing underwriting and sales processes, thus driving better outcomes. Highwing's business model captures ongoing subscription revenue as clients continue to leverage its innovative solutions in the insurance landscape.Highwing Inc. plans to utilize the USD 3.25 mn raised from its recent VENTURE DEBT funding in November 2021 to expand its product offerings and enhance marketing efforts. The company is also targeting potential expansion into new geographic markets as technology adoption grows, aiming for broader reach and impact. The focus will be on developing new products to meet the evolving needs of the commercial insurance sector, thereby solidifying its market position.

## Funding rounds

- Seed, Nov 10, 2020, $4M — AmWINS Group, Inc., Revolution Ventures, Service Provider Capital, Conner Strong & Buckelew, Springtime Ventures, SkyKnight Capital, Heffernan Insurance Brokers, Inc., Holmes Murphy & Associate, ABD, Cameron Ventures, BrokerTech Ventures, Baldwin Risk Partners, LLC

## Investors

- AmWINS Group, Inc. — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Conner Strong & Buckelew — Seed
- Springtime Ventures (https://capitalatlas.ai/funds/springtime-ventures) — Seed
- SkyKnight Capital (https://capitalatlas.ai/funds/skyknight-capital) — Seed
- Heffernan Insurance Brokers, Inc. — Seed
- Holmes Murphy & Associate — Seed
- ABD — Seed
- Cameron Ventures (https://capitalatlas.ai/funds/cameron-ventures) — Seed
- BrokerTech Ventures (https://capitalatlas.ai/funds/brokertech-ventures) — Seed
- Baldwin Risk Partners, LLC — Seed