QuoteWell secures an additional $12 million in funding, led by New Enterprise Associates, to expand its producer footprint and enhance its AI-driven technology.
Amount Raised
$12 Million
Round Type
Funding Round
AustinRetailInsuranceInvestors
Description
QuoteWell, a tech-driven wholesale insurance brokerage, has announced an additional $12 million in financing, raising its total capital to $32 million. The funding will be used to expand its producer footprint and deepen investment in its proprietary platform. Investors include New Enterprise Associates, Brand Foundry Ventures, and ClockTower Ventures, along with existing investors Goldcrest Capital and Floating Point. The company aims to leverage this funding to accelerate growth in key markets, focusing on AI-driven automation.
Quick answer
QuoteWell raised $12 Million in a Funding Round round, dated October 8, 2025. Investors: Clocktower Ventures, Brand Foundry Ventures, Goldcrest Capital, Floating Point and New Enterprise Associates. QuoteWell is based in Austin, Texas, United States.
- How much did QuoteWell raise?
- QuoteWell raised $12 Million in a Funding Round round on October 8, 2025.
- Who invested in QuoteWell?
- Clocktower Ventures, Brand Foundry Ventures, Goldcrest Capital, Floating Point and New Enterprise Associates are named as investors in this round.
- What does QuoteWell do?
- QuoteWell is a tech-driven wholesale insurance brokerage, specializing in placing complex, small-to-mid-size commercial risks in the non-admitted insurance market.
- Where is QuoteWell based and how big is it?
- QuoteWell is based in Austin, Texas, United States. Fundz records about 44 employees.
- Who are the decision-makers at QuoteWell?
- Fundz holds 1 contact at QuoteWell. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Retail and Insurance around the same time
Companies in the same sectors as QuoteWell that raised within 45 days of this round, from Fundz verified event records.
- Provision raised $7M (Seed) on October 15, 2025.
- Picnic raised $498M (Funding Round) on November 21, 2025.
- Turaco raised $1.3M (Seed) on November 20, 2025.
- Union Bay Risk Advisors raised an undisclosed amount (Private Equity) on November 20, 2025.
- Pibit.AI raised $7M (Series A) on November 20, 2025.
- Modern Life raised $20M (Series A) on November 19, 2025.
Who to call at QuoteWell, and when
A new round usually means QuoteWell is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day QuoteWell raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QuoteWell, from your own LinkedIn network
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Related People
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