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Wunderite Secures $3 Million Seed Funding To Modernize Software For Insurance Agents

Apr 28, 2021•over 4 years ago

Amount Raised

$3 Million

Round Type

seed

Boston

Description

Wunderite, provider of an intuitive customer-facing platform for independent insurance agencies, today announced a $3 million seed funding round led by Spark Capital with participation from Boston Seed and leading insurance industry firms and their executives, including John Wepler from MarshBerry, Scott Addis from Beyond Insurance, Brian Hetherington from The ABD Team, Ty Harris from Openly, Andrew Krantz from York International, Heffernan Insurance Brokers, Trustco Inc, and BrokerTech Ventures. The new capital will fuel the company’s rapid growth by accelerating product development and increasing distribution to agencies across the country. Wunderite also announced it has added Spark Capital’s General Partner Alex Finkelstein to its Board of Directors.

Company Information

Company

Wunderite

Location

Boston, Massachusetts, United States

About

Wunderite is a Boston-based insurance technology company that provides an intuitive customer-facing platform for independent insurance agencies. The Wunderite platform makes insurance transparent, approachable, and (dare we say) fun by simplifying and automating the sales and underwriting process. Founded by insurance industry and small business veterans Peter MacDonald and Joe Schnare, Wunderite is a part of top innovation groups, including BCP Technology Accelerator, BrokerTech Ventures, DCU Fintech, and Techstars, and has been featured in leading industry publications, such as Carrier Management, Insurance Journal, and Agency Checklists. For more information: https://www.wunderite.com/