Ennabl is a Greenwich, CT–based provider of an insurtech data analytics SaaS platform for brokers. Led by CEO Kabir Syed, the company uses machine learning algorithms to extract, clean, and enrich data from brokers' systems and processes to generate actionable intelligence. Its platform helps brokers increase commissions, find new customers, grow their book of business, and manage carrier strategy. By minimizing time spent on data maintenance, Ennabl enables brokers to allocate more attention to clients' experience and their bottom line. The company raised $8M in Series A funding to invest in product development, expand sales and marketing, and grow its team. Investors in the round include Brewer Lane Ventures, Altai Ventures, and private investors. ennabl, led by founder Kabir Syed and based in Greenwich, CT, provides a platform that unifies data to improve how insurance brokers source, advise and manage clients. Its core offering, ennablDATA, is a Data-as-a-Service product that automatically extracts, structures, standardizes and deduplicates broker data from disconnected systems using algorithms and AI, and enriches that data with industry, COPE, behavioral, and demographic attributes. The company also offers ennablDECISIONS, an analytical search engine that gives brokers access to advanced insights and a unified view of their business. ennabl focuses on addressing brokers' challenges and pain points by providing the tools required to gather customer and industry data and streamline client acquisition and servicing. The company intends to use the funds to expand its platform and grow its team of engineers, data experts, and insurance technology professionals. The article does not disclose revenue or user metrics.

Total raised

$12M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2023