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Foxquilt Announces $8M Series A Round To Provide Customized Insurance For Smbs

Sep 16, 2021•almost 4 years ago

Amount Raised

$8 Million

Round Type

series a

Toronto

Description

Foxquilt, a North American insurtech company focused on empowering small business owners with customized insurance products, today announced it has raised an $8 million financing round led by Luge Capital with participation from AmTrust Financial, Extreme Venture Partners and Side Door Ventures. The new capital will be used to support talent acquisition, product development, and to further expand across the U.S. and Canada.

Company Information

Company

Foxquilt

Location

Toronto, Ontario, Canada

About

Foxquilt is a leading North American Insurance technology company focused on providing small businesses insurance. Foxquilt develops, underwrites and distributes a complete line of its own commercial insurance products in the United States and Canada. The company uses a combination of data analytics and artificial intelligence to recommend the best insurance coverage and price to meet the individual needs of its small business customers. For more information, visit https://www.foxquilt.com. SOURCE Foxquilt Inc.