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Foxquilt Raises $3.5m in Seed Funding to Continue Supporting Small Businesses Through COVID-19

July 08, 2020 / Foxquilt Inc.

Today, Foxquilt, a leading Insurance Technology company, announced it has raised $3.5M in seed funding. The COVID-19 crisis has illuminated the value of community and accelerated the need for businesses to adopt digital solutions, transcend innovative offerings and empower their customers. Foxquilt is using their recent $3.5M seed round to continue innovating technology and data science that will provide small businesses with tailored insurance at significant savings. Foxquilt empowers small businesses and B2B networks to save on Business Insurance by leveraging their Insurance-as-a-Service platform and unique underwriting infrastructure. The company has recently partnered with multiple underwriting partners - enabling the company to become a full-service Insurance provider and creator of new products for small businesses.