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Radar · Insurance IT in Illinois

Best Insurance IT Companies in Illinois, United States

The 64 best Insurance IT companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Snapsheet.

64companies tracked
$368.6Mdisclosed funding
0unicorns
23have raised

Ranked: Best Insurance IT companies in Illinois

#CompanyLast roundDisclosed fundingEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1MessageControl
Email security and anti-spymail solution
—$1M16Paul Everton
Founder
————
2AfterMath Claim
Provider of post-payment recovery services
——33—————
3AgentMethods
Insurance website platform for agents to increase sales and retain clients
——4Dvora Ivankowski
Co-Founder
StatamicPHPLaravel+23Top 10M——
4AgentRun
CRM solutions for insurance agents
———Andrew Lech
Co-Founder & CEO
————
5Ajira Software
Provider of AI-powered portals and mobile apps for P&C insurance
———Sandeep M
CEO
WordPressBoldGridMySQL+23Top 50M——
6Analytica Labs
AI-powered insurance technology expertise, bridging business objectives and development execution
———Vallen Tousis
CEO and Founder
——21 patents
On‑wafer semiconductor test systems: precise voltage/power control and ring‑oscillator measurement.
—
7Anasova
Provider of white-label trade solutions for financial services companies
——6Thomas Anderson
Founder & CEO
Cart FunctionalityWix eCommerceWix+21Top 50M—1 partnership
8aon esolutions of chicago (f.k.a. valley oak systems)
Aon eSolutions is a leading global professional services firm providing a broad range of risk, retirement and…
——115—————

Top 12 Insurance IT companies in Illinois

#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Funding rounds
  • Nov 2025Seed$4.3M
  • Dec 2024Seed$2.5M
Founders & team
Dan SchulemanCo-Founder & CEO
Investors
Armory Square Ventures, MTech Capital, Grand Ventures, Alumni Ventures, BrokerTech Ventures, American Family Ventures
#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.

Funding rounds
  • Feb 2025Series C$40M
  • Aug 2021Series B$32.5M
  • Aug 2020Series A$16M
Founders & team
Reid SpitzPresident & Co-FounderChuck WallaceCEO
Investors
Munich Re Ventures, 8VC, Weatherford Capital, Daimler Trucks North America, Qualcomm Ventures, Autotech Ventures
Tech stack
6SenseAnimate.CssCloudflareCloudflare Bot ManagementCore-JsFacebook Pixel
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 105k LinkedIn followers — 5.2% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Jul 2023Series E$5M
  • Mar 2021Series E$30M
  • May 2019Series E$29M
  • Jun 2017Series D$12M
Founders & team
Brad WeisbergCo-Founder & CEO
Investors
Ping An, Pivot Investment Partners, Nationwide, Liberty Mutual, Intact Ventures, Commerce Ventures
Tech stack
CloudflareCloudflare Bot ManagementCore-JsGoogle AnalyticsGsapHttp/3
#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.

Funding rounds
  • Sep 2023Series B$13.7M
  • Apr 2021Series B$25M
  • Feb 2020Series A$8M
Founders & team
Marty SmuinChief Executive Officer
Investors
Crosslink Capital, IAG, Atlantic Bridge, RPS Ventures, IAG Firemark Ventures, Nvidia
#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.

Funding rounds
  • Jan 2023Series B$2.5M
  • Apr 2021Conventional Debt—
  • Mar 2021Series B$15M
  • Feb 2021Series A$50K
Founders & team
Joel FriedmanFounder and CTODavid WaldPresident and Co-FounderJim FarberFounder
Investors
Mercury Fund, Royal Street Ventures, EBSCO Capital, KEC Ventures, RRE Ventures, Aspen Capital
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCloudinaryCookiebotCore-Js
#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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 67k LinkedIn followers — 3.4% of this cohort's audience
Activity: 3 product launches announced in 12 mo
Funding rounds
  • Sep 2022Post IPO$50M
  • Jun 2012Series C$50M
  • 2004Conventional Debt—
Founders & team
Clint JonesCo-Founder & Co-Chairman
Investors
Norwest Equity Partners, Nimble Ventures, Apollo Investment Corporation, HTIF, Seyen Capital, ACE & Company
Tech stack
Amazon CloudfrontAmazon S3Amazon SesAmazon Web ServicesAngularApple Business Chat
#7
Series B · Schaumburg, Illinois · founded 2016 · 51 employees
$18Mraised
▾

Provider of an AI workbench for commercial property and casualty underwriting. The workbench offers data enrichment and intelligent document automation. It expedites commercial insurance processes with data, underwriting insights, business classification, and risk scoring. The workbench drives straight through processing for insurance organizations.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: SaaS and insurtech pros
Activity: 1 product launches · 2 partnerships (incl. Unqork) announced in 12 mo
Funding rounds
  • Nov 2019Series B$15.2M
  • Sep 2017Series A$2.5M
Founders & team
Harish NeelamanaCo-founder and PresidentBruce SimpsonCEO
Investors
Palm Drive Capital, Altos Ventures Management, NFP Venture, Stage 2 Capital, MPK Equity Partners, MK Capital
#8
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.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 48k LinkedIn followers — 2.4% of this cohort's audience · 42 engagements/post (3.1× cohort median)
Funding rounds
  • Mar 2020Unattributed$14.1M
  • Jul 2013PE—
  • Dec 2011Unattributed$1.8M
  • Sep 2011Unattributed$1M
Investors
Hillhouse, TPG, Golden Valley Capital, TCV, Capricorn Holdings, Asal Capital
Tech stack
AkamaiAkamai MpulseAmazon SesAmazon Web ServicesApple Icloud MailBoomerang
#9
Series A · Glenwood, Illinois · founded 2006 · 24 employees
$16.8Mraised
▾

Developer of an AI-powered platform for insurance and healthcare administration. The platform offers solutions for policy administration, benefits enrollment, and member engagement. It provides tools for streamlining workflows, integrating systems, and automating tasks. The platform also features mobile and portal suites for providers and human resources.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers
Activity: 1 product launches · 1 partnerships (incl. TPAs, carriers, employer groups, and technology partners) announced in 12 mo
Funding rounds
  • Jun 2018Series A$2.3M
  • May 2016Series A$3.4M
  • Mar 2016Series A$400K
  • Jul 2014Series A$10.7M
Investors
Grotech Ventures, Harbert Management, Maryland Venture Fund, Revolution
Tech stack
BootstrapDocusignGoogle CloudGoogle Cloud CdnGsapHsts
#10
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.

Funding rounds
  • Aug 2018Series A$9M
  • Nov 2016Series A$5M
Founders & team
Milos DedovicFounder & COO
Investors
BackBone Ventures
Tech stack
WordpressMysqlPhpVue.JsNginxTypekit
#11
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.

Funding rounds
  • Sep 2020Series A$8M
Founders & team
Ryan SachtjenCo-Founder
Investors
Equal Ventures
Tech stack
WebflowCloudflareSlickRecaptchaJsdelivrJquery
#12
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.

Funding rounds
  • Sep 2011Series A$2M
  • Jun 2005Series A$4.2M
Investors
Thecarlylegroup.fr
Tech stack
Apache Http ServerCdnjsCloudflareComplianzCore-JsElement Ui

Funding & investor landscape

$368.6Mtotal disclosed funding
19companies funded
53disclosed rounds
0rounds last 90 days
Most active investors
BrokerTech Ventures3 rounds
Lightbank3 rounds
Plug and Play Tech Center3 rounds
Revolution2 rounds
Seyen Capital2 rounds
Techstars2 rounds
500 Global1 rounds
8VC1 rounds
ACE & Company1 rounds
ATX Venture Partners1 rounds

Notable founders

Dan Schuleman
Co-Founder & CEO · Qumis
Reid Spitz
President & Co-Founder · HDVI
Chuck Wallace
CEO · HDVI
Brad Weisberg
Co-Founder & CEO · Snapsheet
Marty Smuin
Chief Executive Officer · Arturo
Joel Friedman
Founder and CTO · Aclaimant
David Wald
President and Co-Founder · Aclaimant
Clint Jones
Co-Founder & Co-Chairman · GoHealth
Harish Neelamana
Co-founder and President · Convr
Bruce Simpson
CEO · Convr
Milos Dedovic
Founder & COO · DAIS
Ryan Sachtjen
Co-Founder · WatchTower
Prism market signals · United States · country-scoped Prism corpus, 11,601,675 docs

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

How many Insurance IT companies are there in Illinois, United States?
Radar tracks 64 indexable Insurance IT companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by Insurance IT companies in Illinois, United States?
The Insurance IT companies in Illinois, United States on this list have raised a combined $368.6M in disclosed equity funding across 19 funded companies.
Which is the highest-funded Insurance IT company in Illinois, United States?
Snapsheet is the highest-funded Insurance IT company in Illinois, United States, with $103.3M in disclosed equity funding.
How many Insurance IT companies in Illinois, United States are funded?
19 of the 64 Insurance IT companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many Insurance IT unicorns are there in Illinois, United States?
None of the Insurance IT companies in Illinois, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Illinois, United States Insurance IT companies?
The most active investors in Illinois, United States Insurance IT companies on this list include BrokerTech Ventures, Lightbank, Plug and Play Tech Center, Revolution, Seyen Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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