Insureon operates an online marketplace platform that enables small companies to navigate the process of researching, buying, and managing commercial and employer insurance directly with leading U.S. carriers. The company serves retail clients and also supports top-five banks, brokerages, and insurance companies in delivering small commercial business insurance. Since launching in 2011, Insureon has helped insure more than 175,000 small businesses and places more than $200 million in premium annually. Its three-year growth exceeded 1,700%, earning a #259 rank on the Inc. 5000 list and top insurance and Illinois company rankings. The financing announced will be used to increase technology development and enhance sales and marketing activities targeting small businesses.

Total raised

$31M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2015