AgentSync, a Denver, Colorado based provider of technology tools and infrastructure for the insurance sector, raised $25m in Series A funding. The fintech states that the funds will be utilized to accelerate product development and build its comprehensive producer management solution.
The Series A round was led by Elad Gil and David Sacks’ Craft Ventures, along with Marc Benioff, Caffeinated Capital, Operator Collective and Nine Four Ventures. AgentSync was valued at $220m in this round.
AgentSync was founded by Niranjan Sabharwal and Jenn Knight in 2018. The startup leverages automation and technology to build AgentSync Manage, its tech-forward producer management system. The product is built on the Salesforce platform and offers direct integration with NIPR (National Insurance Producer Registry) to enable carriers, agencies, and MGAs to grow and scale. Its customers include Hippo Insurance, Lemonade, Hub International, Embroker, iptiQ (a subsidiary of Swiss Re), Beam Dental, Centene, and Rippling, among others.