Best InsurTech Companies in Boston, United States
The 63 best InsurTech companies in Boston, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: BitSight.
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in Boston
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | BitSight 🦄 Provider of cyber risk intelligence and exposure management solutions powered by AI | $398M | 57 mo ago | 396 396 → 724 (+83%) · sector median +60% | Steve Harvey CEO | DrupalSentryZendesk+32 | — | 1 award |
| 2 | Duck Creek Provider of cloud-based solutions for property and casualty and general insurance | $350M | 72 mo ago | 823 823 → 1,873 (+128%) · sector median +60% | Carl Strempel Co-Founder / CFO | WordPress Site EditorWordPressSentry+42 | — | 1 partnership |
| 3 | Openly Premium home insurance provider supporting independent agents 74Funding top 15%Growth top 18%News top 19%Moat top 31% All 9 signals ▾Fundingtop 15% Growthtop 18% Newstop 19% Moattop 31% Techtop 33% Producttop 41% Partnerstop 45% Marketbottom 48% Globalbottom 37% Funding: Raised $238M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) Growth: Headcount 44 → 157 (+257%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $238M | 2 mo ago | 157 157 → 376 (+139%) · sector median +60% | — | HubSpot CMS HubApple iCloud MailGoogle Workspace+23 | — | 2 awards |
| 4 | Corvus Insurance AI based policy development software for the commercial insurance industry | $162M | 63 mo ago | 21 | — | — | — | — |
| 5 | Goji Online diversified insurance marketplace | $104M | 103 mo ago | 92 | Géraldine Beaulieu Co-Founder | — | 11 patents RF-based sensing and heating for processing and tracking consumable products | — |
| 6 | Gradient AI-based claims automation and auditing solutions for the insurance industry 62Funding top 24%Product top 28%Moat top 32%Tech top 36% All 13 signals ▾Fundingtop 24% Producttop 28% Moattop 32% Techtop 36% Innovationtop 42% AItop 45% Patentstop 46% Growthtop 49% Marketbottom 49% Talentbottom 49% Newsbottom 46% Globalbottom 40% Partnersbottom 35% Funding: Raised $89.7M across 4 rounds · 4 rounds over 7 yrs (0.6/yr) Product: 1 product launch event in 12 mo, 1 the year before · 3 distinct product lines rank vs industry peers · Fliar Intelligence Index 62/100 | $90M | 3 mo ago | 108 108 → 130 (+20%) · sector median +60% | Stan Smith Founder & CEO | DudaApple iCloud MailMicrosoft 365+25 | 28 patents Neuromodulation and bioelectrical membrane therapies, plus adaptive agricultural cutting tools. | 1 award |
| 7 | Assured Allies Predictive solutions for the aging journey of the policyholder | $65M | 39 mo ago | 99 | Afik Gal Co-Founder | WordPressSentryApple iCloud Mail+41 | — | — |
| 8 | Sayata Insurance quoting solutions for the insurance industry | $60M | 53 mo ago | 72 | Avishay M. Co-Founder and CTO | Apple iCloud MailGoogle Workspacestyled-components+13 | — | 1 launch |
| 9 | Noyo Insurance data exchange and benefit administration solutions for employers | $58M | 49 mo ago | 72 72 → 99 (+38%) · sector median +60% | Shannon Goggin Co-Founder & CEO | Framer SitesReactCloudflare+16 | — | — |
| 10 | Maxwell Health Employer benefit administration platform | $56M | 123 mo ago | 112 | — | WordPressMySQLPHP+26 | — | — |
| 11 | Hi Marley Provider of AI and cloud-based conversational platform for the insurance industry | $42M | 63 mo ago | 78 78 → 173 (+122%) · sector median +60% | — | WordPressApple iCloud MailMicrosoft 365+26 | 30 patents Industrial heating and thermostatic control systems for trench and hot‑water applications | 1 launch |
| 12 | HeraldAPI Cloud-based insurance quoting solutions for the P&C insurance industry | $20M | 20 mo ago | 22 | Duncan Crystal Co-Founder | — | — | 1 job opening |
| 13 | Indico Data Developer of an agentic decisioning platform for insurance underwriting and claims 72AI top 8%Innovation top 23%Talent top 28%Funding top 33% All 11 signals ▾AItop 8% Innovationtop 23% Talenttop 28% Fundingtop 33% Moattop 39% Techtop 40% Producttop 49% Marketbottom 47% Globalbottom 43% Growthbottom 40% Newsbottom 38% AI: Classified as an agentic-AI company Innovation: 4 new-product events in 24 mo · Deep-tech classification: Artificial Intelligence, Agentic Ai rank vs industry peers · Fliar Intelligence Index 72/100 | $19M | 7 mo ago | 100 | Madison May Co-Founder & CTO | WordPressMySQLPHP+26 | — | — |
| 14 | Bento Online platform for employee health benefits | $19M | 47 mo ago | 46 | — | WordPressApple iCloud MailGoogle Workspace+36 | — | — |
| 15 | Veruna Agency management software for insurance agents | $15M | 32 mo ago | 58 | — | — | — | — |
| 16 | Truemotion AI-based data monitoring & insights for the insurance and financial service industry | $12M | 105 mo ago | 118 | Moshe Dalman Co-Founder & CEO | — | 79 patents Vehicle telematics for driver identification, safety monitoring, and crash detection | — |
| 17 | Wunderite Provider of customer-facing solutions for insurance agencies | $11M | 13 mo ago | 17 17 → 21 (+24%) · sector median +60% | Peter Macdonald Co-founder & CEO | SentryPHPGoogle Maps+27 | — | — |
| 18 | Energetic Insurance Data-driven insurance risk management for commercial solar financing | $11M | 56 mo ago | 12 12 → 12 (+0%) · sector median +60% | Jeff McAulay Co-Founder | — | — | 2 launchs |
| 19 | TowerIQ Insurance solutions provider optimizing operations through technology, consulting, and support | $7M | 72 mo ago | 14 | Adam Demos Founder & CEO | — | — | — |
| 20 | WriteWise Provider of risk transfer platform to reduce health insurance costs | $5M | 31 mo ago | — | Nadav Mor Co-Founder | — | — | — |
| 21 | Benefits Science Provider of cloud-based cost containment solution for healthcare providers | $4M | 82 mo ago | 49 | Sid Mann Co-Founder | — | — | — |
| 22 | Enthea Provider of health insurance benefit plans for psychedelic healthcare | $2M | 42 mo ago | 9 | Dan Rome Co-founder | Webflow EcommerceWebflowFirebase+26 | — | — |
| 23 | Talem Systems Provider of data driven solutions for insurance professionals and clinicians | $2M | 64 mo ago | 10 | Matthew Kay Co-Founder | — | — | — |
| 24 | Machine Cover Provider of parametric insurance technology and solutions | $2M | 16 mo ago | — | Inder Gujral Founder | — | — | — |
| 25 | Everyday Life Life insurance platform for individuals | $2M | 61 mo ago | 11 | Jake Tamarkin Chief Executive Officer | WordPressMySQLPHP+22 | — | — |
| 26 | Agencyport Insurance Technology software solutions | $1M | 281 mo ago | 106 | Curt Stevenson CEO | — | — | — |
| 27 | AIR Worldwide Cloud based risk management and assessment solutions for insurance | $836K | 105 mo ago | 38 | — | Windows ServerMicrosoft ASP.NETBootstrap+7 | — | — |
| 28 | Alivia Analytics AI-based claims management solution for healthcare payers | $280K | 44 mo ago | 1 | — | WordPressApple iCloud MailMicrosoft 365+32 | — | 1 partnership |
| 29 | MassDrive Insurance service providing auto, home, renters, pet, travel, and life quotes | $150K | 191 mo ago | 71 | Bill Suneson Co-Founder & CEO | Apache HTTP ServerAmazon Web Servicescore-js+9 | — | — |
| 30 | ValChoice Independent ratings for car and home insurance, unbiased and trusted | $120K | 120 mo ago | — | Dan Karr Founder and CEO | Cart FunctionalityWooCommerceWordPress+30 | — | — |
| 31 | Moisture Mapper Water damage claims management solutions | $100K | 165 mo ago | 6 | — | — | — | — |
| 32 | Dyad Insurance technology solution provider | $43K | 64 mo ago | — | Jana Willinger Roth Co-Founder | WordPressMySQLPHP+28 | — | — |
| 33 | Holisticly Cloud-based platform for employee wellness benefits | $20K | 46 mo ago | 7 | Sean Iacobone Founder & CEO | — | — | — |
| 34 | Xceedance Provider of consulting, analytics and data sciences for insurance industry | — | 8 mo ago | 1,731 | Arun Balakrishnan CEO & Chairman of the Board | WordPressMySQLPHP+28 | — | 2 awards |
Top 12 InsurTech companies in Boston
#1
Series E · Boston, Massachusetts · founded 2017 · 157 employees$237.6Mraised▾
Premium home insurance provider supporting independent agents. The platform enables independent home insurance agents to provide quotes to their clients. It offers benefits and coverages to its clients, which are sold through a network of independent agents.
- Apr 2026Series E—
- Jan 2025Series E$123M
- Jan 2025Conventional Debt$70M
- Sep 2023Series D$100M
#2
Series C · Boston, Massachusetts · founded 2018 · 108 employees$89.7Mraised▾
AI-based claims automation and auditing solutions for the insurance industry. The platform offers solutions for insurance claims management, workflow management, business processing, risk management, and more. It also offers SaaS solutions for broker analytics, risk ranking, portfolio analysis, claims to audit, and more.
- Mar 2026Conventional Debt—
- Jun 2024Series C$56.1M
- Apr 2021Series B$20M
- Oct 2019Series A$8.7M
#3
Series B · Boston, Massachusetts · founded 2014 · 100 employees$19Mraised▾
Developer of an agentic decisioning platform for insurance underwriting and claims. The platform streamlines submission processing, automates data enrichment, and recommends next actions. It helps insurance carriers transform complex submissions and claims into decision-ready insights. The platform supports policy changes, renewals, and customer communications with document processing and workflow automation.
- Oct 2025Series B—
- Jun 2024Series B$19M
- Dec 2020Series B$22M
- May 2019Series A$4.1M
#4
Series A · Boston, Massachusetts · founded 2015 · 17 employees$10.8Mraised▾
Provider of customer-facing solutions for insurance agencies. It features solutions for online application submission, customer risk profiling, and deal collaboration. It allows users to invite producers, account execs, and client contacts to sign off digitally.
- May 2025Series A$1.4M
- Jan 2023Series A$7.2M
- Apr 2021Seed$3M
#5
Series A · Boston, Massachusetts · founded 2021 · 22 employees$20Mraised▾
Cloud-based insurance quoting solutions for the P&C insurance industry. It offers quotes and binds insurance from multiple carriers using a single API. It offers insurance quotes across multiple lines of business including general liability, workers’ compensation, BOP, and more.
- Oct 2024Series A$12M
- Dec 2021Seed$8M
#6
BitSight 🦄Series E · Boston, Massachusetts · founded 2011 · 396 employees$398Mraised▾
Provider of cyber risk intelligence and exposure management solutions powered by AI. The company offers solutions for exposure management, third-party risk management, and cyber threat intelligence. It provides services such as continuous monitoring, vendor risk assessment, and security ratings. The company’s platform helps organizations detect, prioritize, and mitigate threats across their attack surface. It offers governance and reporting tools to improve security posture.
- Sep 2021Series E$250M
- Jun 2018Series D$60M
- Sep 2016Series C$40M
- Jun 2015Series B$23M
#7
Seed · Boston, Massachusetts · founded 2001$1.5Mraised▾
Provider of parametric insurance technology and solutions. It offers a platform for creating and selling parametric insurance products across various sectors. The company utilizes data analysis and machine learning to assess risk and determine payout structures. Its technology enables the seamless integration of parametric offerings into existing insurance platforms or as standalone solutions. This approach simplifies risk management and claim processes for both insurers and clients.
- Feb 2025Seed$1.5M
#8
Acquired · Boston, Massachusetts · founded 2000 · 823 employees$350Mraised▾
Provider of cloud-based solutions for property and casualty and general insurance. Its products include a suite solution for insurance billing, claims management, policy management, and a rating engine. It offers solutions for distribution management, data management, CRM, and reinsurance management.
- Jun 2020Series D$230M
- Dec 2019Series C$120M
- May 2005Series A—
#9
Series B · Boston, Massachusetts · founded 2017 · 99 employees$65Mraised▾
Predictive solutions for the aging journey of the policyholder. The company evaluates needs and creates a customized plan for each family. It offers personnel for backup care, transportation, care management, and more. The company also uses predictive modeling to come up with insurance plans required for seniors and caregivers.
- Mar 2023Series B$42.5M
- Jul 2021Series A$18.3M
- Seed$4.2M
#10
Acquired · Boston, Massachusetts · founded 2017 · 21 employees$162Mraised▾
AI based policy development software for the commercial insurance industry. It offers first party and third party coverage for technology services, technology products, and professional services. It also uses proprietary risk models built on data points from IoT sensors to inform underwriting, coverage, and rate while also helping to minimize or prevent cargo damage.
- Mar 2021Series C$115M
- Dec 2019Series B$33M
- Nov 2018Series A$10M
- Feb 2018Seed$4M
#11
Series B · Boston, Massachusetts · founded 2015 · 58 employees$15.1Mraised▾
Veruna is a SaaS-based agency management software for insurance agents. It offers solutions for sales management, lead generation, pipeline reporting, marketing automation, document management, accounting, and more. It also offers solutions for workflows management, automated back-end processes and more.
- Oct 2023Series B—
- Mar 2021Series A$6M
- May 2019Series A$6M
- Nov 2018Seed$3.1M
#12
Series B · Boston, Massachusetts · founded 2011 · 72 employees$57.5Mraised▾
Insurance data exchange and benefit administration solutions for employers. It offers solutions for data exchange between health insurance platforms and carrier partners. It also enables users to execute, track, and confirm the fulfillment of member transaction requests to carriers.
- May 2022Series B$45M
- Sep 2020Series A$12.5M
- 2019Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in the United States
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 22 United States-affiliated papers.
- New York Life Insurance Company2
- Film Independent2
- University of Management and Technology2
- AAA Foundation for Traffic Safety1
- Temple University1
- Conceptual model1
- Conceptual framework1
- Marketing1
- Knowledge management1
- Originality1
- Actuarial science2
- Telematics1
- Incentive1
- Poison control1
- Baseline (sea)1
- Position (finance)1
- Geopolitics1
- Insurance law1
- European union1
- Index (typography)1
Who's filing insurtech patents in the United States
United States insurtech patent filing is steady — 15 filings from 7 assignees (2018–2025), led by State FARM Mutual Automobile Ins, Grunfeld ERIC, Allstate Insurance; annual filings 1→1.
- State FARM Mutual Automobile Ins6
- Grunfeld ERIC5
- Allstate Insurance4
- Clover Health3
- Fiete Stephen2
- Cripe Frederick F2
- American Family Mutual Insurance1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.