About Insurify
Insurify is a Transportation, Automotive & Logistics company based in Cambridge (United States) founded in 2013 by Giorgos Zacharia and Snejina Zacharia. Car insurance quotes are compared via an online platform. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Insurify has raised $163.33 million across 8 funding rounds from investors including Nationwide, Nationwide and Hearst. Insurify has completed 1 acquisition, including Compare.com. Its chief executive, as recorded, is Giorgos Zacharia. Its website insurify.com draws about 4 million monthly visits. Insurify offers products and services including Insurance Quote Platform and Agent Assistance Service. Its focus areas include Consumer, Auto E-Commerce & Content, Insurance and Distribution Platform. Its competitors include NerdWallet, SelectQuote and EverQuote; 2 of its 3 listed competitors have raised funding.
Company details
Insurify was founded in 2013 and is headquartered in Cambridge, United States. An online platform is operated for comparing insurance quotes, primarily focused on car coverage but extending to accident protection, home insurance, vehicle repairs, property damage, life insurance, and additional options. Claim assistance services are provided to support users in the insurance sector.
- Headquarters Cambridge, United States
- Founders Giorgos Zacharia, Snejina Zacharia
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website category Finance · Insurance
- Website insurify.com
- Social LinkedIn X Facebook Instagram
- Legal Name Insurify
- Total Equity Funding$163.33M (USD)
in 8 rounds
- Latest Funding Round$22.45M (USD), Series B
Apr 2023
- InvestorsNationwide
& 10 more
- Investments & Acquisitions
Products & Services of Insurify
Insurify offers a comprehensive portfolio of products and services, including Insurance Quote Platform and Agent Assistance Service.
Tool for real-time insurance quote comparisons and purchases.
Provides expert advice on insurance policies and coverage options.
Apps and channels of Insurify
Insurify publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of Insurify
Insurify has successfully raised a total of $163.33M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $22.45 million completed in April 2023. 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 $163.33M
- Total Rounds 8
- Last Round Series B — $22.45M
- First Round $2.05M
(Feb 2015)
- Investors Count 11
All 8 funding rounds of Insurify 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 2023 | $22.45M | Series B | – | – | – |
| Sep 2021 | $100M | Series B | – | Motive Partners | |
| Nov 2019 | $23.03M | Series A | – | MTech Capital, Viola FinTech | |
| Mar 2017 | $4.6M | Series A | – | MassMutual Ventures, Nationwide | – |
| Mar 2017 | $4.6M | Seed | – | MassMutual Ventures, Nationwide | – |
| Mar 2017 | $4.6M | Seed | – | MassMutual Ventures, Nationwide | – |
| Jan 2016 | $2M | Seed | – | Rationalwave | – |
| Feb 2015 | $2.05M | Seed | – | – | – |
11 investors in total: 11 institutional.
Investors in Insurify
Insurify has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Nationwide, Nationwide and Hearst.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in financial services sector are facilitated. | motivepartners.com | New York, United States | ||
Corporate-backed venture capital fund | massmutualventures.com | Boston, United States | ||
Investments are directed by Moneta toward data science technology startups. | monetavc.com | Bnei Brak, Israel | ||
Venture capital is provided to mid and growth-stage startups. | fortross.vc | Menlo Park, United States | ||
Investments are made in early-stage technology companies globally. | viola-group.com | Herzliya, Israel | ||
Early-stage venture capital is provided to insurtech startups. | mtechcapital.com | Santa Monica, United States | ||
Venture capital firm investing in fin-tech startups | https://www.viola-group.com/fund/violafintech | Herzliya, Israel | ||
| rationalwave | ||||
Nationwide Building Society is engaged in providing banking and financial services. | 1846 | nationwide.co.uk | Swindon, United Kingdom | |
Media conglomerate | 1887 | hearst.com | New York, United States |
Investor details for Insurify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Insurify
56 people are tracked at Insurify (22 in leadership, 4 in board & advisors, 30 in team).
| Name | Role | Group |
|---|---|---|
Giorgos Zacharia | Co-Founder & Co-CEO | Leadership |
Snejina Zacharia | Co-Founder & Co-CEO | Leadership |
Gene Shkolnik | CTO | Leadership |
Konstantin H. | VP Of Engineering | Leadership |
Julie Finley | Head Of People | Leadership |
Andrew Huang | Vice President Of Marketing | Leadership |
Kara Clark | Director, Strategic Partnerships | Leadership |
Tod Kiryazov | Co-Founder & CPO | Leadership |
Chris Schafer | Deputy Managing Editor, News & Marketing | Leadership |
Nick Versaw | Senior Managing Editor - Compare.com | Leadership |
Markenson Telfort | Director Of Product, SEO | Leadership |
Mallory Mooney | Director Of Sales And Client Services | Leadership |
Dimitar Dinchev | Director Of Engineering | Leadership |
Nathaniel Rice | Vice President Legal | Leadership |
Claye Stokes | VP of Audience | Leadership |
Evelyn Pimplaskar | Editor-in-Chief & Director of Content | Leadership |
Ashley Cox | Senior Managing Editor | Leadership |
Jessica Edmondson | Director Of Media Outreach & Data Journalism | Leadership |
Kristen Budde Selinger | Vp, New Markets | Leadership |
Biswaroop Chatterjee | Head Of Marketplace Product | Leadership |
36 more people are available in the full profile.
Complete people profiles for Insurify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Insurify
Insurify has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Compare.com.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online insurance comparison platform for individuals | compare.com | Glen Allen, United States | 2013 | Mar 2023 | •••• |
Complete acquisition details for Insurify
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Insurify
4 dated milestones of Insurify across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Insurify is founded.
- Funding First funding round of $2.1M.
- Acquisition Acquires Compare.com.
- Funding Latest funding round, Series B, of $22.4M.
Competitors of Insurify
Insurify has 3 listed competitors in our database, 2 of them funded. They include NerdWallet, SelectQuote and EverQuote.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nerdwallet.com | 2009 | San Francisco, United States | $123.3M | App-based comparison platform for financial products | ||
| selectquote.com | 1984 | San Francisco, United States | 2,035 | Online comparisons of life insurance quotes are facilitated for individuals. | ||
| everquote.com | 2011 | Cambridge, United States | $37.57M | 865 | Online comparison platform for automotive & other insurances |
Detailed competitors of Insurify
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Insurify
The website of Insurify (insurify.com) receives about 4M visits a month and ranks #11,661 among all websites worldwide, #747 in Insurance.
- Monthly visits4M
▲ 17% vs previous month
- Unique visitors2M
per month
- Global rank#11,661
among all websites
- Category rank#747
Finance · Insurance
- Bounce rate37%
- Pages per visit6.7
- Average visit3 min 38 sec
- DevicesDesktop 16% · Mobile 84%
Websites whose visitors overlap most with Insurify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thezebra.com | 100% | 2.9M | #22,120 | View details | |
| libertymutual.com | 90% | #7,283 | View details | ||
| progressive.com | 84% | 32.8M | #1,093 | View details | |
| allstate.com | 83% | 11.9M | #3,679 | View details | |
| thegeneral.com | 82% | 2.6M | #24,437 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Insurify
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- 40 similar websites
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Related news about Insurify
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Frequently Asked Questions about Insurify
Insurify was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Insurify is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Giorgos Zacharia is the CEO of Insurify, as recorded in our data. They have also founded this company.
Insurify is a funded company, having raised a total of $163.33M across 8 funding rounds to date. The company's 1st funding round was a Seed of $2.05M, raised on Feb 2015.
Insurify was founded in 2013 and is headquartered in Cambridge, United States. An online platform is operated for comparing insurance quotes, primarily focused on car coverage but extending to accident protection, home insurance, vehicle repairs, property damage, life insurance, and additional options. Claim assistance services are provided to support users in the insurance sector.
Insurify's top competitors include NerdWallet, SelectQuote and EverQuote.
Insurify offers Insurance Quote Platform and Agent Assistance Service.
Insurify has made 1 acquisition, including Compare.com.
Insurify has 11 investors. Key investors include Nationwide, Nationwide, Hearst, Motive Partners, and MassMutual Ventures.
Insurify operates through Insurify.
Yes. Insurify publishes Insurify Compare Car Insurance and 1 more app, with over 100,000 downloads.
The website of Insurify receives about 4 million visits a month and ranks #11,661 among all websites worldwide.