About Foxquilt
Foxquilt is a Financial Services company based in Toronto (Canada) founded in 2016 by Mark Morissette. Social groups are formed via platform for insurance premium savings. Foxquilt has raised $22.34 million across 5 funding rounds from investors including AmTrust Financial, Icm and Luge Capital. Its chief executive, as recorded, is Mark Morissette. Foxquilt offers products and services including Business Insurance Policy, Online Quoting Platform, and Embedded Insurance Experience. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Diversified. Its competitors include Rates.ca, Surex and InsurEye; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2016 in Toronto, Canada, Foxquilt operates as a sharing economy platform in the insurance sector. Users are enabled to create groups of individuals or businesses needing similar coverage, leveraging collective purchasing power for reduced premiums, lower deductibles, and savings at renewal. As of October 2018, no product has been launched on the platform.
- Total Equity Funding$22.34M (USD)
in 5 rounds
- Latest Funding Round$216.89K (USD), Series B
Apr 2025
- InvestorsAmTrust Financial
& 4 more
Products & Services of Foxquilt
Foxquilt offers a comprehensive portfolio of products and services, including Business Insurance Policy, Online Quoting Platform, and Embedded Insurance Experience.
Customizable coverage for small businesses and professionals
Platform for instant insurance quotes and purchases
Seamless tool for business insurance requirements
Apps and channels of Foxquilt
its YouTube channel Foxquilt has 22 subscribers and 11 videos.
Videos from Foxquilt
The most watched videos on Foxquilt's YouTube channel, Foxquilt (22 subscribers). Click a video to play it here.
More on Foxquilt.
Funding Insights of Foxquilt
Foxquilt has successfully raised a total of $22.34M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $216.89 thousand completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22.34M
- Total Rounds 5
- Last Round Series B — $216,888
- First Round $1.2M
(Oct 2018)
- Investors Count 5
All 5 funding rounds of Foxquilt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $216,888 | Series B | – | – | – |
| Jul 2023 | $12M | Series B | – | – | |
| Sep 2021 | $6.32M | Series A | – | Luge Capital | |
| Feb 2020 | $2.6M | Seed | – | Extreme Venture Partners | – |
| Oct 2018 | $1.2M | Seed | – | Extreme Venture Partners | – |
5 investors in total: 5 institutional.
Investors in Foxquilt
Foxquilt has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AmTrust Financial, Icm and Luge Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| icm.tcc.mode | ||||
Luge Capital is focused on fintech venture capital investments. | luge.vc | Montreal, Canada | ||
A global venture capital firm is operated to invest in innovative founders. | sidedoorventures.co | San Francisco, USA | ||
Seed & early stage tech-focused VC firm investing in geographies such as the US and Canada | evp.vc | Toronto, Canada | ||
Property and casualty insurance company | 1998 | amtrustfinancial.com | New York, United States |
Investor details for Foxquilt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Foxquilt
1 people are tracked at Foxquilt (1 in leadership).
| Name | Role | Group |
|---|---|---|
Mark Morissette | Founder & CEO | Leadership |
Complete people profiles for Foxquilt
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Timeline of Foxquilt
3 dated milestones of Foxquilt across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Foxquilt is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series B, of $217K.
Competitors of Foxquilt
Foxquilt has 3 listed competitors in our database, 1 of them funded. They include Rates.ca, Surex and InsurEye.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rates.ca | 2014 | Toronto, Canada | $51M | 126 | Online insurance comparison platform for individuals | |
| surex.com | 2012 | Magrath, Canada | Comparison platform for diversified insurance | |||
| insureye.com | 2011 | Toronto, Canada | Functions as an insurance comparison and review platform. |
Detailed competitors of Foxquilt
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Web traffic of Foxquilt
The website of Foxquilt (foxquilt.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▲ 42% vs previous month
Websites whose visitors overlap most with Foxquilt. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| idapgroup.com | 100% | #3,023,462 | View details | ||
uplyftcapital.com | uplyftcapital.com | 99% | #1,217,499 | – | |
petprofessional.com.au | petprofessional.com.au | 98% | #2,451,726 | – | |
| easybusypets.com | 97% | 680.7K | #3,766,978 | View details | |
| asbn.com | 97% | 9.1K | #2,329,689 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Foxquilt
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- 23 similar websites
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Related news about Foxquilt
Complete news archive for Foxquilt
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Frequently Asked Questions about Foxquilt
Foxquilt was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Foxquilt is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Mark Morissette is the CEO of Foxquilt, as recorded in our data. They have also founded this company.
Foxquilt is a funded company, having raised a total of $22.34M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Oct 2018.
Founded in 2016 in Toronto, Canada, Foxquilt operates as a sharing economy platform in the insurance sector. Users are enabled to create groups of individuals or businesses needing similar coverage, leveraging collective purchasing power for reduced premiums, lower deductibles, and savings at renewal. As of October 2018, no product has been launched on the platform.
Foxquilt offers Business Insurance Policy, Online Quoting Platform, and Embedded Insurance Experience.
Foxquilt has 5 investors. Key investors include AmTrust Financial, Icm, Luge Capital, Side Door Ventures, and Extreme Venture Partners.