Fundz

Leading Insurtech Quility Announces Significant Investment From F&G

PRIVATEAug 10, 2023

Round Type

Venture

AshevilleFinancial ServicesSoftwareInsurance

Investors

F&G Annuities & LifeF&G's Investment

Description

Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility. F&G is a leading provider of insurance solutions serving retail annuity and life insurance customers and institutional clients. The investment is targeted at accelerating deployment of Quility's advanced technology, automation, and leads platforms – removing barriers to make life insurance more accessible for agents and clients alike.

Quick answer

Quility raised an undisclosed amount in a funding round, dated August 10, 2023. Investors: F&G Annuities & Life and F&G's Investment. Quility is based in Asheville, North Carolina, United States.

How much did Quility raise?
Quility raised an undisclosed amount in a funding round on August 10, 2023.
Who invested in Quility?
F&G Annuities & Life and F&G's Investment are named as investors in this round.
What does Quility do?
Quility empowers agents with industry-leading sales enablement platforms and a suite of proprietary, fully digital insurance products, creating a frictionless experience from quote to underwriting to policy placement.
Where is Quility based and how big is it?
Quility is based in Asheville, North Carolina, United States. Fundz records about 311 employees.
Who are the decision-makers at Quility?
Fundz holds 1 contact at Quility. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Cygnetise raised $3.1M (Seed) on September 24, 2023.
  • Streamex Corp. raised $1.2M (Seed) on September 21, 2023.
  • Atlys raised $12M (Funding Round) on September 21, 2023.
  • Vivante Health, Inc. raised $31M (Series B) on September 20, 2023.
  • Authentic raised $5M (Funding Round) on September 20, 2023.
  • ANKA raised $5M (Funding Round) on September 19, 2023.

Who to call at Quility, and when

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

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

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Company Information

Company

Quility

Location

Asheville, North Carolina, United States

About

Quility empowers agents with industry-leading sales enablement platforms and a suite of proprietary, fully digital insurance products, creating a frictionless experience from quote to underwriting to policy placement. Quility makes the insurance process easy for industry professionals and their clients. With Quility, life insurance doesn't have to be prickly.

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Fundz sees it the moment Quility raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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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.