Talage
200 S Virginia St Suite 320, Reno, Nevada, 89501, United States
Overview
Talage builds digital distribution software for commercial insurance that automates traditionally manual processes such as applications and submissions. The platform recently added the ability to quote additional lines of coverage, including professional liability and cyber insurance. It has also delivered tools to simplify renewals, book rolls, and cross-sell opportunities. The company closed a $9 million funding round led by Merus Capital. Carrier partners include Acuity, Coterie Insurance, Hiscox, Liberty Mutual, and Travelers, indicating distribution traction. Founded in 2015, Talage’s team and technology are positioned to support further digitization of the insurance industry. Talage offers a SaaS platform that lets agents sell essential commercial insurance to small businesses through digital channels. The platform is live nationwide and has sold over $1 million in coverage to businesses in more than 40 states. It integrates with 12 carrier partners so agents can instantly sell coverage under their own licenses and appointments. Talage was founded in 2015 by Adam Kiefer, Matt Donovan and Zachary Draper and is based in Reno, Nev. The company plans to use new funding to scale its engineering and business development teams. Current operating traction includes the stated $1M+ in policies sold and presence across 40+ states.
- Total raised
- $14M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Mar 2022
Industries
- Insurance
- InsurTech
- SaaS
- Small and Medium Businesses
Recent funding
Equity
Mar 2022
$9M
Series A
Feb 2020
$5M