AgencyKPI builds an integrated business intelligence platform (Harmony) to address and manage insurance-industry data across agencies, carriers, brokers and networks. The core product harmonizes disparate data to drive transparency, efficiency and improved performance for insurance partners. The company plans to use its Series B funding to hire software developers, data scientists and other personnel to accelerate development of cloud-based software. AgencyKPI positions its platform to help independent agencies, carriers, brokers and networks better assess data and remain nimble and profitable. In the first quarter of 2022 the company added partnerships that increased written premium on its Harmony platform to more than $29 billion. AgencyKPI emerged from stealth in 2019 after raising $3 million in seed- and strategic-round funding from insurance networks, carriers, independent agencies and industry executives. AgencyKPI develops a business intelligence platform (Harmony) designed to harmonize data produced by multiple software programs and legacy systems across the insurance industry. The company launched Harmony in 2019 to address mass data fragmentation and unify sources so networks can monitor performance; the platform today handles $15.8 billion in written premium from more than 8,800 affiliated agencies. Founded in 2017 by Trent Richmond and Bobby Billman, AgencyKPI emerged from stealth in 2019 after raising $3 million in seed and strategic funding from insurance networks, carriers, independent agencies and industry executives. The company plans to use its new funding to hire additional software developers and data scientists and to accelerate development of additional business intelligence platforms. AgencyKPI positions its products to deepen collaboration and understanding between carriers, networks, independent agencies and wholesalers rather than pursue disruptive approaches.

Total raised

$5M

Funding rounds

2

Latest round

Series A

Latest activity

Jun 2020