202127 Jul

Insurtech Agentero Raises $13.5 Million in Series A led by Alma Mundi Ventures to drive growth for independent insurance agencies

Summary

OAKLAND, Calif., July 27, 2021 /PRNewswire/ -- a digital insurance network, today announced that it has raised $13.5 million in a Series A investment funding led by Alma Mundi Ventures. Founded in 2017 to bring superior insurance experiences to independent agencies and their customers, Agenteros smart algorithms combine agents existing data with third-party information sources to identify new business and cross-sell opportunities. Agentero then connects agents with carriers in real-time to instantly quote, and to provide communication and automation tools so they can efficiently write more new business. Our technology strengthens their ability to use data analytics to write new policies with an end-to-end digital experience for their customers," said Luis Pino, CEO, at Agentero. We believe that Luis Pino and his team are outstanding and have the ability to execute this vision successfully" said Rajeev Singh-Molares, Founder and Managing Partner, Alma Mundi Ventures.

Source: Prnewswire

Funding

$13.5M
Amount
Jul 27 2021
Date
-
Investor
Agentero
Company

Classifications

Companies