Agentero: Raises $13.5M in Series A Funding
- Agentero, an Oakland, Calif.-based digital insurance network, raised $13.5m in Series A funding
- The round was led by Alma Mundi Ventures with participation from existing institutional investors Foundation Capital, Union Square Ventures, Financial Venture Studio
- The company intends to use the funds to continue to expand operations and its business reach
- The company leverages smart algorithms to combine agents’ existing data with third-party information sources to identify new business and cross-sell opportunities
- The company also provides opportunities for carriers looking to integrate into a tech-enabled agent channel
- Today, the company works with more than 800 independent agencies
