Best Insurance IT Companies in Chicago, United States
The 41 best Insurance IT companies in Chicago, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Snapsheet.
Ranked: Best Insurance IT companies in Chicago
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Snapsheet Cloud-based software for auto insurance claim management | $103M | 37 mo ago | Series E | Brad Weisberg Co-Founder & CEO | 2011 | WordPressVisual ComposerMySQL+30 | — | 1 award |
| 2 | GoHealth Platform offering healthcare insurance solutions | $50M | 47 mo ago | Public | Clint Jones Co-Founder & Co-Chairman | 2001 | DrupalApple iCloud MailPHP+33 | — | — |
| 3 | HDVI Telematics-based data & monitoring solutions for auto insurers and fleet owners | $48M | 18 mo ago | Series C | Reid Spitz President & Co-Founder | 2018 | WordPressMySQLPHP+30 | — | — |
| 4 | Arturo Analytics solutions for investment and research industries | $47M | 35 mo ago | Series B | Marty Smuin Chief Executive Officer | 2017 | WebflowApple iCloud MailGoogle Workspace+20 | — | — |
| 5 | Aclaimant Provider of enterprise incident management system | $30M | 44 mo ago | Series B | Joel Friedman Founder and CTO | 2009 | HubSpot CMS HubApple iCloud MailGoogle Workspace+24 | — | — |
| 6 | CCC AI and cloud-driven insurance claims solution for the insurance and automotive industry | $14M | 77 mo ago | Public | — | 1980 | WebflowMarkerApple iCloud Mail+28 | 3 patents Passive dust suppression systems for bulk material transfer chutes and conveyors | — |
| 7 | DAIS Insurance policy management solutions for insurance distributors | $14M | 96 mo ago | Acquired | Milos Dedovic Founder & COO | 2003 | WordPressMySQLPHP+17 | — | — |
| 8 | WatchTower Quoting software for insurance industry | $8M | 72 mo ago | Series A | Ryan Sachtjen Co-Founder | 2015 | — | — | — |
| 9 | Qumis AI-powered insurance policy review platform | $7M | 9 mo ago | Seed | Dan Schuleman Co-Founder & CEO | 2022 | — | — | — |
| 10 | Prima Solutions Provider of a software suite for the insurance industry | $6M | 180 mo ago | Acquired | — | 2000 | WordPressMySQLPHP+25 | — | — |
| 11 | FlexMinder Healthcare reimbursement automation | $3M | 149 mo ago | Acqui-Hired | — | 2011 | — | — | — |
| 12 | Vikaran Solutions Tech solutions for Workers Comp and Commercial Insurance | $1M | 187 mo ago | Acqui-Hired | Rick Madock ex-CEO | 2009 | — | — | — |
| 13 | MessageControl Email security and anti-spymail solution | $1M | — | Acquired | Paul Everton Founder | 2012 | — | — | — |
Top 12 Insurance IT companies in Chicago
#1
Seed · Chicago, Illinois · founded 2022$6.8Mraised▾
AI-powered insurance policy review platform. It is an AI-powered knowledge platform built by insurance coverage experts to revolutionize insurance policy review and analysis.
- Nov 2025Seed$4.3M
- Dec 2024Seed$2.5M
#2
Series C · Chicago, Illinois · founded 2018 · 82 employees$48.5Mraised▾
HDVI provides telematics-based data & monitoring solutions for auto insurers and fleet owners. It offers solutions for fatigue analysis, compliance management, analyzing driving behavior, vehicle-related data management, and more. It also offers solutions for fleet management.
- Feb 2025Series C$40M
- Aug 2021Series B$32.5M
- Aug 2020Series A$16M
#3
Series E · Chicago, Illinois · founded 2011 · 199 employees$103.3Mraised▾
Snapsheet provides cloud-based software for auto insurance claim management. It facilitates pre and post-claim process along with the underwriting, tracking, validation, auditing and expense management. It provides AI-based automated products- appraisal, transactions, rental & asset management platform and software platform. It also offers a digital payment solution for claims disbursements.
- Jul 2023Series E$5M
- Mar 2021Series E$30M
- May 2019Series E$29M
- Jun 2017Series D$12M
#4
Series B · Chicago, Illinois · founded 2017 · 59 employees$46.7Mraised▾
Arturo provides analytics solutions for investment and research industries. It allows users to analyze data and capture insights from the data and build predictive models to understand business performance. It also offers solutions based on predictive analytics for claims management, insurance quoting, insurance renewals, insurance underwriting, risk modeling, and more. The clients include BRANCH, canopius, hippo, etc.
- Sep 2023Series B$13.7M
- Apr 2021Series B$25M
- Feb 2020Series A$8M
#5
Series B · Chicago, Illinois · founded 2009 · 46 employees$30.5Mraised▾
Provider of enterprise incident management system. It provides a mobile app, web portal, and personal incident hotline to manage incidents and claims. It captures actionable information, customizes incident reporting, and engages with every employee. Its organizations can report all incidents personal, property, and near-hit incidents also.
- Jan 2023Series B$2.5M
- Apr 2021Conventional Debt—
- Mar 2021Series B$15M
- Feb 2021Series A$50K
#6
Public · Chicago, Illinois · founded 2001 · 2467 employees$50Mraised▾
Platform offering healthcare insurance solutions. It provides healthcare insurance solutions for insurers, agents, and consumers. It features solutions for sales, comparison, lead management, CRM, and more. It also offers health and dental policy solutions for individuals and families.
- Sep 2022Post IPO$50M
- Jun 2012Series C$50M
- 2004Conventional Debt—
#7
Public · Chicago, Illinois · founded 1980 · 6 employees$14.1Mraised▾
AI and cloud-driven insurance claims solution for the insurance and automotive industry. It also provides workflow software and enabling technologies to automotive collision repairers, parts suppliers, property and casualty insurance carriers. It provides marketing solutions for users.
- Mar 2020Unattributed$14.1M
- Jul 2013PE—
- Dec 2011Unattributed$1.8M
- Sep 2011Unattributed$1M
#8
Acquired · Chicago, Illinois · founded 2003 · 22 employees$14Mraised▾
Insurance policy management solutions for insurance distributors. It offers solutions for underwriting, actuaries, data management, customer relationship management, and more. It also offers data collection and sales tools for users.
- Aug 2018Series A$9M
- Nov 2016Series A$5M
#9
Series A · Chicago, Illinois · founded 2015 · 85 employees$8Mraised▾
WatchTower provides cloud-based quoting software for the insurance industry. It features solutions for customer management, policy analysis, policy management, and more. It also offers software for database management, underwriting, collaboration, and more.
- Sep 2020Series A$8M
#10
Acquired · Chicago, Illinois · founded 2000 · 186 employees$6.2Mraised▾
Provider of a software suite for the insurance industry. Its product includes solutions for back-office management, insurance business management, reinsurance data management, insurance management, regulatory reporting & compliance management, Prima Hub for insurance data management, and analytics software for data mining & analysis solutions.
- Sep 2011Series A$2M
- Jun 2005Series A$4.2M
#11
Acqui-Hired · Chicago, Illinois · founded 2011 · 374 employees$2.8Mraised▾
FlexMinder is a SaaS company that automates healthcare reimbursement processes. FlexMinder automates the claims submission process and helps Third Party Administrators reduce manual processing time and costs. FlexMinder was selected in 2011 to participate in the TechStars incubator program. The company tracks healthcare expenses, prepares and submits FSA claims, estimates how much to contribute, and makes targeted suggestions for spending.
- Mar 2014Series A$1.2M
- Dec 2012Series A$1.4M
- Jan 2012Seed$170K
- Nov 2011Seed—
#12
Seed · Chicago, Illinois · founded 2022$20Kraised▾
Centinel is a technology company that provides claims-free coverage for hard-to-insure risks. They offer easily customizable solutions to protect against risks that traditional insurance may not cover, such as inclement weather or transportation outages. Their services aim to provide peace of mind and protect against potential financial losses.
- 2024Seed$20K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Insurance IT coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
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