DealerPolicy operates a mobile-first insurance marketplace embedded in the car-shopping and ownership experience, allowing buyers to view multiple quotes and complete purchases or connect with licensed agents. The company partners with automotive retailers, data providers, an insurance carrier network and licensed agents, and holds agency licenses to operate in the lower 48 states. DealerPolicy has a network of over 1,000 dealers and more than 40 insurance carriers and has written over $200 million in total premiums since its founding in 2016. Led by CEO Travis Fitzgerald and based in Burlington, VT, the company plans to further develop and embed insurance across the customer journey. It intends to expedite roll-out of distribution and fulfillment solutions with major carrier partners, triple its product and engineering teams over the next 12 months, and increase investments in strategic partnerships. DealerPolicy operates a mobile-first digital insurance marketplace that enables car-buyers to view multiple insurance quotes and connect with licensed insurance agents to purchase coverage. The company’s wholly owned agency, DealerPolicy Insurance, is licensed to operate in the lower 48 states. DealerPolicy sells through a network of more than 800 dealers and reports generating over $13 million in annualized insurance savings and over $60 million in increased buying power for its customers. Led by CEO Travis Fitzgerald, the product is focused on integrating insurance distribution into the automotive retail experience. The company plans to use new funding to accelerate development of its insurance platform for the auto industry and to expand its team. Recent leadership additions include Wayne Pastore as President and COO and Tara Kasica as Senior Vice President of Sales.

Total raised

$140M

Funding rounds

2

Latest round

Series C

Latest activity

Aug 2021