# Insurify

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

- Industry: Insurance
- Headquarters: Cambridge, US
- Website: www.insurify.com
- Total disclosed funding: $123M
- Latest round: Series B (Aug 9, 2021)
- Investors on record: 8

## About

Based in Massachusetts, US, and founded in 2013, Insurify, Inc. operates as a developer of a virtual insurance agent that helps users in making decisions about getting insurance for their car, home, and life insurance coverage. The company was co-founded by Giorgos Zacharia, Snejina Zacharia, and Tod Kiryazov and is backed by investors including Motive Partner, which led a USD 100 million Series B funding in September 2021.

Insurify provides a platform where customers can compare auto, home, and life insurance quotes from large and regional insurance companies through real-time integrations and AI-powered recommendations. It helps connect users with insurance providers that offer cheap car insurance at lower rates, regardless of the car type, credit history, or driver profile. The company also provides comparisons of car insurance quotes by city and by state.  

The company posted a 2.5x year-over-year revenue growth over the past year.

Insurify plans to expand its operations and boost its growth initiatives by scaling and diversifying its product suite through expanding its direct quoting integrations across all insurance verticals. It also plans to chase more insurance opportunities, expand product functionalities, build up brand awareness, and hire more employees.

## Funding rounds

- Series B, Aug 9, 2021, $100M — Nationwide Mutual Capital, Viola Group, Hearst Ventures, MassMutual Ventures, Moneta Venture Capital, R136, Motive Partners
- Series A, Nov 19, 2019, $23M — Nationwide Mutual Capital, Viola Group, MassMutual Ventures, MTech Capital

## Investors

- Nationwide Mutual Capital (https://capitalatlas.ai/funds/nationwide-mutual-capital) — Series A, Series B
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A, Series B
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A, Series B
- MTech Capital (https://capitalatlas.ai/funds/mtech-capital) — Series A
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Series B
- Moneta Venture Capital (https://capitalatlas.ai/funds/moneta-venture-capital) — Series B
- R136 (https://capitalatlas.ai/funds/r136) — Series B
- Motive Partners (https://capitalatlas.ai/funds/motive-partners) — Series B