About Insurify
Insurify is a company based in Cambridge (United States) founded in 2013 by Giorgos Zacharia and Snejina Zacharia. Insurify has raised $154.13 million across 6 funding rounds from investors including Nationwide, Nationwide and Hearst. Insurify has completed 1 acquisition, including Compare.com. Insurify offers products and services including Insurance Quote Platform and Agent Assistance Service. Insurify operates in a competitive market with competitors including NerdWallet, SelectQuote, EverQuote, Jerry and The Zebra, among others.
- Headquarter Cambridge, United States
- Founders Giorgos Zacharia, Snejina Zacharia
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
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Website
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Social
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- Legal Name Insurify
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$154.13 M (USD)
in 6 rounds
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Latest Funding Round
$22.45 M (USD), Series B
Apr 25, 2023
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Investors
Nationwide
& 10 more
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Employee Count
Not available
- Investments & Acquisitions
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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.
People of Insurify
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Funding Insights of Insurify
Insurify has successfully raised a total of $154.13M across 6 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.
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.
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Private equity investments in financial services sector are facilitated.
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Corporate-backed venture capital fund
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Investments are directed by Moneta toward data science technology startups.
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Investor details for Insurify
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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.
Investment portfolio details for Insurify
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online insurance comparison platform for individuals
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Complete acquisition details for Insurify
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Financial Statements - Insurify
Detailed financials for Insurify
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Insurify Comparisons
Peer comparison for Insurify
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Competitors of Insurify
Insurify 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 NerdWallet, SelectQuote, EverQuote, Jerry and The Zebra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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App-based comparison platform for financial products
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Online comparisons of life insurance quotes are facilitated for individuals.
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Online comparison platform for automotive & other insurances
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AI-powered car insurance comparison platform
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An online platform for comparing insurance quotes is operated.
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Detailed competitors of Insurify
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Latest news on Insurify
Complete news archive for 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 current CEO of Insurify. They have also founded this company.
Insurify is a funded company, having raised a total of $154.13M across 6 funding rounds to date.
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 Way.
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.