Fundz

North American Digital Mga, Foxquilt, Secures $12M Funding

PRIVATEJul 25, 2023

Amount Raised

$12 Million

Round Type

Funding Round

Financial ServicesAnalyticsInsurtechInsurance

Investors

Icm

Description

Foxquilt, a leading North American insurance technology company specializing in small business and micro-enterprise markets, is pleased to announce a successful raise of $12M. The financing spanned two rounds with the initial closing at the end of 2022, led by ICM, and the latter in recent weeks with participation from both existing and new investors. This substantial investment underscores the confidence in Foxquilt's innovative approach to insurance and its potential to transform the industry landscape.

Quick answer

Foxquilt raised $12 Million in a Funding Round round, dated July 25, 2023. Investors: Icm.

How much did Foxquilt raise?
Foxquilt raised $12 Million in a Funding Round round on July 25, 2023.
Who invested in Foxquilt?
Icm is named as investors in this round.
What does Foxquilt do?
Foxquilt is an Insurance technology company focused on empowering small businesses and B2B networks to save on Small Business insurance.
Who are the decision-makers at Foxquilt?
Fundz holds 1 contact at Foxquilt. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Analytics around the same time

Companies in the same sectors as Foxquilt that raised within 45 days of this round, from Fundz verified event records.

  • CLARA Analytics raised $24M (Series C) on September 8, 2023.
  • Wrisk raised an undisclosed amount on June 27, 2023.
  • Anzen Technologies, Inc. raised $7.5M on September 7, 2023.
  • Quility raised an undisclosed amount on August 10, 2023.
  • CompScience raised $10M (Series A) on July 27, 2023.
  • DESAISIV raised $2M (Seed) on July 26, 2023.

Who to call at Foxquilt, and when

A new round usually means Foxquilt is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Foxquilt raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Foxquilt, from your own LinkedIn network

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Company Information

Company

Foxquilt

About

Foxquilt is an Insurance technology company focused on empowering small businesses and B2B networks to save on Small Business insurance. Our Insurance-as-a-Service platform is complemented by a unique data and machine learning underwriting infrastructure. Leveraging innovative technology and creating unique products, we make life easier for business owners. For more information, please visit www.foxquilt.com or join our Foxquilt community at www.facebook.com/foxquiltden.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.