Foxquilt

Toronto, Canada Founded: 2016 • Age: 10 yrs
Social groups are formed via platform for insurance premium savings.
Annual revenue - Latest available
Total funding $22.3M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Foxquilt

Foxquilt is a company based in Toronto (Canada) founded in 2016 by Mark Morissette. Foxquilt has raised $22.34 million across 5 funding rounds from investors including AmTrust Financial, Icm and Luge Capital. Foxquilt offers products and services including Business Insurance Policy, Online Quoting Platform, and Embedded Insurance Experience. Foxquilt operates in a competitive market with competitors including Rates.ca, Surex, InsurEye, CAA Manitoba and Kanetix.ca, among others.

  • Headquarter Toronto, Canada
  • Founders Mark Morissette
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $22.34 M (USD)

    in 5 rounds

  • Latest Funding Round
    $216.89 K (USD), Series B

    Apr 28, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Foxquilt

Foxquilt offers a comprehensive portfolio of products and services, including Business Insurance Policy, Online Quoting Platform, and Embedded Insurance Experience.

Product name locked
Category locked
Primary

Customizable coverage for small businesses and professionals

Product name locked
Category locked
Locked

Platform for instant insurance quotes and purchases

Product name locked
Category locked
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Seamless tool for business insurance requirements

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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Luge Capital is focused on fintech venture capital investments.
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A global venture capital firm is operated to invest in innovative founders.
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Investor details for Foxquilt

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Foxquilt

Investments
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Investment portfolio details for Foxquilt

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  • Transaction dates
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Financial Statements - Foxquilt

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Detailed financials for Foxquilt

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Foxquilt Comparisons

Foxquilt Primary company
Description
Social groups are formed via platform for insurance premium ...
Location
Toronto, Canada
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Foxquilt

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Competitors of Foxquilt

Foxquilt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rates.ca, Surex, InsurEye, CAA Manitoba and Kanetix.ca, among others.

Company Name Domain Founded year HQ Location Description
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Online insurance comparison platform for individuals
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Comparison platform for diversified insurance
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Functions as an insurance comparison and review platform.
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Offers membership benefits including roadside assistance, travel planning, insurance, and automotive services.
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Comparison portal for car insurance quote, mortgage, and credit card products
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Detailed competitors of Foxquilt

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Latest news on Foxquilt

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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 current CEO of Foxquilt. They have also founded this company.

Foxquilt is a funded company, having raised a total of $22.34M across 5 funding rounds to date.

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's top competitors include Rates.ca, Kanetix.ca and EasyInsure.

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.

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