Best InsurTech Companies in Wisconsin, United States
The 33 best InsurTech companies in Wisconsin, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Novidea.
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 Wisconsin
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Novidea Provider of an agency management platform | $120M | 30 mo ago | Series C | 6 | Roi Agababa Founder & CEO | Top 5M | — | — |
| 2 | Connecture Provider of a web based solutions for health insurers | $72M | 115 mo ago | Acquired | 99 99 → 175 (+77%) | — | Top 10M | — | — |
| 3 | Understory Provider of ground-based dot sensors to collect hyperlocal weather data | $58M | 35 mo ago | Series B | 20 | Adam Dershewitz Co-Founder & CTO | — | 50 patents IoT environmental sensing (rain, strain) and multimedia activity data processing systems | — |
| 4 | PayMedix Provider of healthcare payment processing system for insurance sector 48Funding top 32%Tech top 34%Growth top 37%Talent top 38% All 6 signals ▾Fundingtop 32% Techtop 34% Growthtop 37% Talenttop 38% Globalbottom 36% Marketbottom 29% Funding: Raised $25.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) Tech: 40 technologies across 5/8 capability areas · Cloud: Azure, Cloudflare rank vs industry peers · Fliar Intelligence Index 48/100 | $25M | 9 mo ago | Series C | 16 | Tom Policelli Chief Executive Officer | Top 5M | — | — |
| 5 | zizzl health Employee health insurance solution for businesses | $11M | 17 mo ago | Series A | 33 | Raymond Seaver CEO | Top 5M | — | — |
| 6 | Access HealthNet A solution for the employers and employees to shop for the best options in healthcare | $5M | 93 mo ago | Deadpooled | 22 | — | — | — | — |
| 7 | Dynamis Software Software solution for insurance agencies | $3M | 116 mo ago | Acqui-Hired | 15 | — | — | — | — |
| 8 | Socialeads Social media analytics platform for financial services industry | $3M | 64 mo ago | Seed | 2 | Larry Hitchcock Co-Founder & CEO | — | — | — |
| 9 | NOVO Health Provider of healthcare benefits administration marketplace for employees | $2M | 71 mo ago | Seed | 14 | — | — | — | — |
| 10 | Glazd Renters insurance policy and compliance management software for residents and landlords | $500K | 65 mo ago | Seed | 10 | — | Top 10M | — | — |
| 11 | TechCanary Cloud-based agency management solutions for the insurance industry | $200K | 122 mo ago | Acqui-Hired | 12 | — | — | — | — |
| 12 | Swirl Insurance Services Digital platform for agents to manage insurance policies | $100K | 101 mo ago | Seed | — | Terry Wakefield Co-Founder & President | — | — | — |
Top 12 InsurTech companies in Wisconsin
#1
Series C · Milwaukee, Wisconsin · founded 2021 · 16 employees$25Mraised▾
Provider of healthcare payment processing system for insurance sector
- Jan 2026Conventional Debt—
- Jan 2026Series C$33M
- Jan 2023Series B$25M
#2
Series A · Milwaukee, Wisconsin · founded 2016 · 33 employees$11.2Mraised▾
Employee health insurance solution for businesses. Benefits brokerage firm that offers a state-of-the-art individual coverage health reimbursement arrangement solution to help employers offer budget-friendly and hassle-free health insurance to employees.
- May 2025Series A$10M
- Feb 2024Series A$7.5M
- Feb 2024Series A$3.7M
#3
Series C · Milwaukee, Wisconsin · founded 2009 · 6 employees$120Mraised▾
Provider of an agency management platform. It offers business intelligence and workflow management for brokers, agents, MGAs, bancassurance, and corporate risk management.
- Apr 2024Series C$30M
- May 2023Series C$50M
- May 2021Series B$15M
- Nov 2020Series B$15M
#4
Series B · Madison, Wisconsin · founded 2012 · 20 employees$57.8Mraised▾
Provider of ground-based dot sensors to collect hyperlocal weather data. The hardware offering detects rain, hail, winds, and other weather events at the surface of the earth. The information collected by the device is analyzed and processed to create real-time datasets and views of the movement and intensity of weather events to provide insight and early detection of risks. The sensors are solar-powered and can detect three-dimensional rain, hail, wind, and other weather at the ground level. It also offers parametric hail insurance for auto dealerships.
- Nov 2023Series B$15M
- Jun 2023Series B$13.1M
- Apr 2021Series B$5.5M
- May 2019Series B$7.2M
#5
Acquired · Brookfield, Wisconsin · founded 1997 · 99 employees$72.2Mraised▾
Connecture delivers solutions to integrate web-based sales, service, and process automation to the health insurance industry. The company has developed a platform with all aspects of insurance distribution. It tracks regulatory shifts, adjusts their technologies to ensure compliance, and consult their customers through the changes. The company has developed solutions like DatabaseRX for lower-cost medications, DrugCompare, BROKERLINK, Medicare Edge and more.
- Mar 2017Post IPO$17.5M
- May 2016Post IPO$52M
- Aug 2012Series C$20M
- Sep 2005Series C$4.1M
#6
Seed · Milwaukee, Wisconsin · founded 2015 · 2 employees$2.7Mraised▾
Socialeads is an analytics platform that helps financial services companies and their advisors to automatically know the size, depth, and value of their professional and personal social networks. The platform uses machine learning and natural language processing to understand the meaning and context of social media posts and the activities, personality, sentiment, emotionality and behaviours that reveal top prospects and referrers. Available on a subscription basis. The company is a winner of Northwestern Mutual’s Reverse Pitch event.
- Jun 2021Seed—
- Feb 2021Seed$50K
- Nov 2020Seed$1.8M
- Apr 2019Seed$75K
#7
Deadpooled · Milwaukee, Wisconsin · founded 2014 · 22 employees$4.7Mraised▾
Access HealthNet is an employer-sponsored savings option that allows members to save money on ambulatory procedures ranging from lab work to outpatient surgeries. It is a turn-key solution for employers and employees to shop for the best options in healthcare.
- Jan 2019Conventional Debt$1M
- Oct 2017Seed$2.4M
- Oct 2017Seed$900K
- Oct 2017Seed$1.5M
#8
Acqui-Hired · Milwaukee, Wisconsin · founded 2012 · 15 employees$3.4Mraised▾
Offers white-label solutions agencies to improve customer engagement thus sales. Their main offering is Dynamic Plan Designer drives collaboration between brokers and their clients, cementing each and every customer relationship. It models innovative benefit plans in a visual format that's easily understood by customers. They claim that employers will never go back to the spreadsheet method after working with a Dynamis customer.
- Mar 2017Seed$1.3M
- Oct 2014Seed$2.1M
#9
Seed · Appleton, Wisconsin · founded 2014 · 14 employees$1.9Mraised▾
Provider of healthcare benefits administration marketplace for employees. The platform provides healthcare plans for employers and employees to connect with the healthcare providers and save healthcare costs. The healthcare market provides health programs developed by the collaborative team for self-insurance, travel, surgery, onsite healthcare, worker's compensation healthcare services, and data analytics solution.
- Nov 2020Conventional Debt—
- Nov 2020Seed$1.9M
#10
Seed · Middleton, Wisconsin · founded 2020 · 10 employees$500Kraised▾
Renters insurance policy and compliance management software for residents and landlords. renters insurance and compliance software company that simplifies the process of connecting community requirements and residents into one seamless process. Offers digital-first insurance platform for renters and provide services such as uploading proof of insurance and managing compliance.
- May 2021Seed$500K
#11
Acqui-Hired · Milwaukee, Wisconsin · founded 2013 · 12 employees$200Kraised▾
Cloud-based agency management solutions for the insurance industry. Management System including CRM SalesForce platform for clients includes insurance agencies and agents. The combined solution is TechCanary's Core product Canary AMS.
- Aug 2016Seed$200K
#12
Seed · Mequon, Wisconsin · founded 2017$100Kraised▾
Swirl Insurance Services provides a digital platform to insurance agents for streamlining the insurance-buying process. It enables service providers to provide quotes on homeowner’s, renter’s, auto, pet health, specialty, and personal liability insurance. It eliminates the redundant application process by using the data.
- May 2018Seed$100K
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
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.