InsurTech Magazine November 2021 | Page 146

Insurify
Guideline

TOP 10 04

Insurify

Raised : US $ 100mn in a
Series B round Leading participants : Motive Partners
Founded in 2013 , Insurify is an American insurance comparison shopping website headquartered in Cambridge , Massachusetts . The insurtech has experienced impressive growth , seeing it ' s a new and recurring revenue increasing six-fold since it closed its Series A funding in the 2019 fourth quarter . Since 2019 , Insurify has achieved a CAGR ( compound annual growth rate ) of 151 %, according to co-founder and CEO Snejina Zacharia .

03

Guideline

Raised : US $ 200mn in a
Series E round Leading participants : General Atlantic , Generation Investment Management , Propel Ventures
The leading retirement insurance provider for SMEs in the US , the California-based insurtech was founded in 2015 by Jeremy Caballero , Kevin Busque , and Mike Nelson . Guideline provides an all-inclusive 401 ( k ) technology designed for growing businesses . The company manages all plan administration , including set-up , participant enrollment and education , recordkeeping , investment management , compliance , and reporting .