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Radar · InsurTech in Illinois

Best InsurTech Companies in Illinois, United States

The 111 best InsurTech companies in Illinois, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Clearcover.

111companies tracked
$1.3Bdisclosed funding
2unicorns
36have raised
FLIAR INTELLIGENCE · INSURTECH × ILLINOIS

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.

50companies analysed
100%cloud-native stacks
2025funding peak (by rounds)
9unicorns
2018median founding year
2.2Mcombined LinkedIn audience
85%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best InsurTech companies in Illinois

#CompanyDisclosed fundingLast roundEmployeesFounderTech stackWeb popularityPatents & IP focusRecent signals
1Clearcover 🦄
Online platform that provides automotive insurance
78Funding top 15%Tech top 22%Moat top 26%Customers top 28%
All 12 signals ▾
Fundingtop 15%
Techtop 22%
Moattop 26%
Customerstop 28%
Producttop 31%
Innovationtop 37%
Markettop 38%
Talenttop 38%
AItop 45%
Growthbottom 45%
Globalbottom 37%
Newsbottom 24%
Funding: Raised $406M across 9 rounds · 9 rounds over 10 yrs (0.9/yr)
Tech: 60 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3
rank vs industry peers · Fliar Intelligence Index 78/100
$406M8 mo ago450Derek Brigham
Co-Founder & Chief Operating Officer
SentryZendeskApple iCloud Mail+33Top 5M——
2Kin 🦄
Online platform for homeowner insurances for individuals
69Funding top 12%Product top 21%Moat top 26%Tech top 32%
All 10 signals ▾
Fundingtop 12%
Producttop 21%
Moattop 26%
Techtop 32%
Markettop 34%
Innovationtop 39%
Talentbottom 49%
Growthbottom 47%
Globalbottom 39%
Newsbottom 27%
Funding: Raised $372M across 13 rounds · 13 rounds over 9 yrs (1.4/yr)
Product: 7 distinct product lines · Company stage: Series E
rank vs industry peers · Fliar Intelligence Index 69/100
$372M9 mo ago504Sean Harper
CEO and Co Founder
Apple iCloud MailGoogle WorkspaceTypeScript+28Top 1M—1 job opening · 1 award
3Snapsheet
Cloud-based software for auto insurance claim management
$103M35 mo ago199
199 → 488 (+145%)
Brad Weisberg
Co-Founder & CEO
WordPressVisual ComposerMySQL+30Top 5M—1 award
4Maestro Health
AI-powered TPA optimizing self-funded health plans for cost savings
$59M116 mo ago246—VuetifyAmazon ALBVue.js+10Top 10M——
5GoHealth
Platform offering healthcare insurance solutions
$50M44 mo ago2,467
2,467 → 2,006 (-19%)
Clint Jones
Co-Founder & Co-Chairman
DrupalApple iCloud MailPHP+33Top 100k—3 launchs
6HDVI
Telematics-based data & monitoring solutions for auto insurers and fleet owners
$48M16 mo ago82Reid Spitz
President & Co-Founder
WordPressMySQLPHP+30Top 50M——
7Arturo
Analytics solutions for investment and research industries
$47M33 mo ago59Marty Smuin
Chief Executive Officer
WebflowApple iCloud MailGoogle Workspace+20Top 50M——
8Obie
Insurance solutions for landlords and real estate investors
$40M39 mo ago110Ryan Letzeiser
Co-Founder & CEO
WebflowApple iCloud MailGoogle Workspace+23Top 5M——
9Insureon
Online comparison platform for property & causality insurance
$31M128 mo ago115
115 → 133 (+16%)
—SitecoreSentryYouTube+16Top 1M—1 award
10Aclaimant
Provider of enterprise incident management system
$30M41 mo ago46Joel Friedman
Founder and CTO
HubSpot CMS HubApple iCloud MailGoogle Workspace+24Top 10M——
11Figo Pet Insurance
Flexible pet insurance designed by pet people for modern pet parents
$22M78 mo ago138—Amazon WebstoreContentfulNode.js+38Top 500k——
12Convr
Provider of an AI workbench for commercial property and casualty underwriting
$18M79 mo ago51Harish Neelamana
Co-founder and President
——5 patents
Machine‑learning‑driven extraction of structured data from unstructured documents
1 job opening · 1 launch · 2 partnerships
13Healthcare Interactive
Developer of an AI-powered platform for insurance and healthcare administration
$17M96 mo ago24—Wix eCommerceWixSentry+14Top 50M——
14CCC
AI and cloud-driven insurance claims solution for the insurance and automotive industry
$14M74 mo ago6—WebflowMarkerApple iCloud Mail+28Top 500k3 patents
Industrial dust suppression systems for bulk material transfer chutes
—
15DAIS
Insurance policy management solutions for insurance distributors
$14M94 mo ago22Milos Dedovic
Founder & COO
WordPressMySQLPHP+17Top 10M——
16ConnectedHealth
Benefits shopping marketplace for employees
$8M139 mo ago97—————
17WatchTower
Quoting software for insurance industry
$8M69 mo ago85Ryan Sachtjen
Co-Founder
————
18Delta Dental
Dental insurance plans for individuals, groups, and businesses
$7M167 mo ago307James Hutchison
President & CEO
Adobe Experience ManagerTypeScriptJava+26Top 100k——
19When Insurance
Provider of health insurance services for employees
$7M6 mo ago8—SentryZendeskApple iCloud Mail+18Top 50M——
20Qumis
AI-powered insurance policy review platform
$7M6 mo ago—Dan Schuleman
Co-Founder & CEO
————
21Prima Solutions
Provider of a software suite for the insurance industry
$6M177 mo ago186—WordPressMySQLPHP+25Top 10M——
22FlexMinder
Healthcare reimbursement automation
$3M146 mo ago374—————
23Fetch by the Dodo
Provider of pet insurance for cats & dogs
$2M195 mo ago210Paul Guyardo
President & CEO
WebflowAnimate.cssBootstrap+31Top 500k—1 job opening · 3 awards
24Vikaran Solutions
Tech solutions for Workers Comp and Commercial Insurance
$1M185 mo ago—Rick Madock
ex-CEO
————
25Safe Deposit Box Insurance Coverage
Safe deposit box insurance provider
$1M168 mo ago3Jerry Pluard
Co-Founder & President
WordPressMySQLPHP+17Top 10M——
26MessageControl
Email security and anti-spymail solution
$1M—16Paul Everton
Founder
————
27ClaimForce
Online claim service marketplace
$650K153 mo ago11—————
28Dispute Bills
Medical bills claim management for consumers
$400K124 mo ago3—————
29COVIE
Data management & monitoring solution for the insurance industry
$125K55 mo ago11—Node.jsTailwind CSSReact+8Top 50M——

Top 12 InsurTech companies in Illinois

#1
Series D · Chicago, Illinois · founded 2016 · 450 employees
$406Mraised
▾

Online platform that provides automotive insurance. It features a Quick View ID card to manage policy information, submit claims, claims to track, change payment methods, make payments, view payment information, and more. It also validates coverages and determines eligibility for expedited payment.

Fliar Intelligence Index™ 78how this company ranks against its industry peers
Funding
top 15%
Tech
top 22%
Moat
top 26%
Customers
top 28%
Product
top 31%
Innovation
top 37%
Funding: Raised $406M across 9 rounds · 9 rounds over 10 yrs (0.9/yr) · Last round Series D (Oct 2025)
Tech: 60 technologies across 7/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Envoy
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Funding rounds
  • Oct 2025Series D$25M
  • Jan 2025Series D$26.2M
  • Oct 2024Series D$44M
  • Mar 2024Series D$55M
Founders & team
Derek BrighamCo-Founder & Chief Operating OfficerKyle NakatsujiCo-Founder & CEO
Investors
OMERS, American Family Ventures, Cox Enterprises, IA Capital Group, SVB, Eldridge Industries
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosApple Icloud MailAppnexus
#2
Kin 🦄
Series E · Chicago, Illinois · founded 2016 · 504 employees
$372.4Mraised
▾

Online platform for homeowner insurance platform for individuals. It offers claims settlement services. It features a repair program for policyholders to rebuild homes. It offers insurance such as condo insurance, vacation home insurance, landlord insurance, and more. It also helps with insurance fraud.

Fliar Intelligence Index™ 69how this company ranks against its industry peers
Funding
top 12%
Product
top 21%
Moat
top 26%
Tech
top 32%
Market
top 34%
Innovation
top 39%
Funding: Raised $372M across 13 rounds · 13 rounds over 9 yrs (1.4/yr) · Last round Series E (Sep 2025)
Product: 7 distinct product lines · Company stage: Series E
Moat: Editorial + unicorn rating 9/10 · Unicorn · 9 curated direct competitors tracked
Audience (LinkedIn): 28k LinkedIn followers · 89 engagements/post (6.4× cohort median)
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Great Place to Work® Certified
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Sep 2025Series E$50M
  • Sep 2025Conventional Debt$200M
  • Jan 2024Series D$15M
  • Sep 2023Series D$33M
Founders & team
Sean HarperCEO and Co Founder
Investors
QED Investors, Geodesic Capital, AllegisCyber Capital, Alpha Edison, Hudson Structured Capital Management, Runway Growth Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAmobeeAngularApple Icloud Mail
#3
Series A · Chicago, Illinois · founded 2020 · 8 employees
$7Mraised
▾

Provider of health insurance services for employees. It offers health and financial wellness insurance services for individuals and families. Its employees can view their benefit amount and get answers to common health insurance questions on the platform. It provides services to the employees after a job loss with their COBRA continuation plan.

Funding rounds
  • Dec 2025Series A$10.2M
  • Apr 2025Seed$50K
  • Jun 2024Seed$4.6M
  • 2023Seed$2.4M
Investors
B Capital, TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, Enfield Capital Partners
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCore-JsFramer SitesGoogle Analytics
#4
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
#5
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
#6
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 — 4.8% 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
#7
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
#8
Acquired · Chicago, Illinois · founded 2014 · 110 employees
$39.6Mraised
▾

Insurance solutions for landlords and real estate investors. It offers coverage for rental properties and support customers understand the natural risks in their area through their risk map feature.

Funding rounds
  • Mar 2023Series B$26M
  • May 2021Series A$10.7M
  • Feb 2020Seed$2.8M
  • Aug 2019Seed$150K
Founders & team
Ryan LetzeiserCo-Founder & CEOAaron LetzeiserCo-Founder
Investors
Battery Ventures, Thomvest Ventures, FundersClub, MetaProp NYC, Second Century Ventures, Y Combinator
Tech stack
Apple Icloud MailCloudflareCloudflare Bot ManagementCloudflare TurnstileCore-JsFacebook Pixel
#9
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
#10
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 — 3.1% 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
#11
Acquired · Chicago, Illinois · founded 2012 · 138 employees
$21.5Mraised
▾

Flexible pet insurance designed by pet people for modern pet parents. They offer customizable pet insurance plans with options for wellness coverage, vet exam fee coverage, and curable pre-existing conditions. They focus on simplicity, transparency, passion, inclusivity, flexibility, and community. They provide fast claim processing, often within three business days, and offer access to licensed veterinary professionals. Their platform includes a pet cloud, blog, and resources to support pet parents. They are committed to providing pet insurance that fits into the lives of pet parents, offering a range of options to meet individual needs. They are a remote-friendly company with a pet-friendly office. They are pet-forward insurance experts, with a US-based customer experience team that is P&C licensed. They offer pricing and subscription options.

Funding rounds
  • Dec 2019Series C$5M
  • Jan 2019Conventional Debt—
  • Jan 2019Series B$1.5M
  • Mar 2018Series B$4M
Investors
HCS Capital Partners, Independence American, Fuel Venture Studio
Tech stack
Adobe Audience ManagerAmazon AdvertisingAmazon WebstoreAppnexusAzureAzure Front Door
#12
Acquired · Chicago, Illinois · founded 2013 · 246 employees
$59Mraised
▾

AI-powered TPA optimizing self-funded health plans for cost savings. It is a technology-driven third-party administrator specializing in transforming healthcare for self-funded employer health plans. It leverages machine learning and deep learning to streamline operations, uncover savings, and maximize health outcomes. The company provides access to provider networks, claims processing, plan design, cost containment, compliance, and actionable analytics. It offers proactive member services, guiding members to quality care and value-based clinical solutions. The company's solutions include pharmacy benefits management, out-of-network repricing, and a medical shopping tool. It caters to small employers with tailored plans, offering user-friendly administration and cost savings. The platform offers member portal and app for digital access to health plan information. The company focuses on empowering healthier lives and redefining cost containment through technology and personalized care.

Funding rounds
  • Oct 2016Series D$59M
Investors
Oak HC/FT, Alta Partners, SV Health Investors
Tech stack
Amazon AlbAmazon CloudfrontAmazon S3Amazon Web ServicesCore-JsFont Awesome

Funding & investor landscape

$1.3Btotal disclosed funding
31companies funded
102disclosed rounds
0rounds last 90 days
Most active investors
BrokerTech Ventures4 rounds
Lightbank4 rounds
500 Global3 rounds
Plug and Play Tech Center3 rounds
Second Century Ventures3 rounds
AllegisCyber Capital2 rounds
Alumni Ventures2 rounds
American Family Ventures2 rounds
Better Tomorrow Ventures2 rounds
Commerce Ventures2 rounds

Notable founders

Derek Brigham
Co-Founder & Chief Operating Officer · Clearcover
Kyle Nakatsuji
Co-Founder & CEO · Clearcover
Sean Harper
CEO and Co Founder · Kin
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
Ryan Letzeiser
Co-Founder & CEO · Obie
Aaron Letzeiser
Co-Founder · Obie
Joel Friedman
Founder and CTO · Aclaimant
David Wald
President and Co-Founder · Aclaimant
Prism market signals · United States · country-scoped Prism corpus, 1,517,628 docs

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

Common questions

How many InsurTech companies are there in Illinois, United States?
Radar tracks 111 indexable InsurTech companies headquartered in Illinois, United States that meet our profile-completeness bar.
What is the total funding raised by InsurTech companies in Illinois, United States?
The InsurTech companies in Illinois, United States on this list have raised a combined $1.3B in disclosed equity funding across 31 funded companies.
Which is the highest-funded InsurTech company in Illinois, United States?
Clearcover is the highest-funded InsurTech company in Illinois, United States, with $406M in disclosed equity funding.
How many InsurTech companies in Illinois, United States are funded?
31 of the 111 InsurTech companies in Illinois, United States on this list have disclosed at least one equity funding round.
How many InsurTech unicorns are there in Illinois, United States?
2 InsurTech companies in Illinois, United States on this list are valued at $1B or more.
Who are the top investors in Illinois, United States InsurTech companies?
The most active investors in Illinois, United States InsurTech companies on this list include BrokerTech Ventures, Lightbank, 500 Global, Plug and Play Tech Center, Second Century Ventures.
Rohit KhannaTrends & Stories

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.

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