Xagent

Reston, United States Founded: 2015 • Age: 11 yrs Acquired By Bold Penguin
Commercial insurance is quoted and bound via an online platform.
Annual revenue - Latest available
Total funding $3.3M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Xagent

Xagent is a company based in Reston (United States) founded in 2015 was acquired by Bold Penguin in January 2020. Xagent has raised $3.3 million across 2 funding rounds from investors including Bold Penguin, NFP and World Insurance Associates. Xagent offers products and services including Insurance Service Platform. Xagent operates in a competitive market with competitors including HeraldAPI, Pathpoint, Beijing Yi Chong Technology, Seopa and SALT Insure, among others.

  • Headquarter Reston, United States
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • 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
    $3.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.2 M (USD), Seed

    Aug 17, 2018

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Bold Penguin

    (Jan 02, 2020)

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Products & Services of Xagent

Xagent offers a comprehensive portfolio of products and services, including Insurance Service Platform.

Product name locked
Category locked
Primary

Platform to support insurance carriers and brokers operations.

Funding Insights of Xagent

Xagent has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in August 2018. 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 Xagent

Xagent has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bold Penguin, NFP and World Insurance Associates.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Fintech, insurtech, deep tech startups are funded by Tribeca ESP.
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Insurance brokerage and financial services are provided to clients.
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Personal, property, casualty, and retirement insurance advisory services are provided.
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Investor details for Xagent

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Investments & Acquisitions by Xagent

Investments
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Investment portfolio details for Xagent

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  • Transaction dates
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Financial Statements - Xagent

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Detailed financials for Xagent

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Xagent Comparisons

Xagent Primary company
Description
Commercial insurance is quoted and bound via an online platf...
Location
Reston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Xagent

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Xagent

Xagent 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 HeraldAPI, Pathpoint, Beijing Yi Chong Technology, Seopa and SALT Insure, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based insurance quoting solutions for the P&C insurance industry
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Quoting software solutions are offered for the insurance industry.
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Cloud-driven quoting solutions are offered for auto insurance.
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Offers price comparison platforms for tech and media brands.
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Quoting solutions are offered for property and casualty insurance agents.
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Detailed competitors of Xagent

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Latest news on Xagent

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Complete news archive for Xagent

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Frequently Asked Questions about Xagent

Xagent was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Xagent is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Xagent is a funded company, having raised a total of $3.3M across 2 funding rounds to date.

Xagent was founded in 2015 in Reston, United States, as an online platform for property and casualty insurance. Access to standard and surplus lines carriers is provided through a single-entry system. Insurance agents are enabled to submit and bind policies with multiple carriers using the Universal Submission APP. Operations focus on streamlining quoting and binding processes in the insurance sector.

Xagent's top competitors include HeraldAPI, Pathpoint and Beijing Yi Chong Technology.

Xagent offers Insurance Service Platform.

Xagent has 5 investors. Key investors include Bold Penguin, NFP, World Insurance Associates, Tribeca ESP, and Brian Kapiloff.

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