# Foxquilt: Insurance, Toronto, Canada

> Foxquilt: Foxquilt is a North American insurtech company founded in 2016, headquartered in Toronto, Ontario, with an additional office in Charlotte, North...

Source: https://millionrounds.com/startup/foxquilt (Millionrounds; every figure on the page links to its filing or article)

Canada · [Insurance startup](https://millionrounds.com/companies)

# Foxquilt

Foxquilt is a North American insurtech company founded in 2016, headquartered in Toronto, Ontario, with an additional office in Charlotte, North Carolina.

Funding reported Last round: Series B

Insurance Toronto, Canada

Company summary

- **Founded:** 2016 10 years old
- **Team:** 43 11 to 50 people
- **Funding reported:** 23.5M as listed, currency not stated
- **Last round:** Series B Jul 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Foxquilt has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Foxquilt

Foxquilt is a North American insurtech company founded in 2016, headquartered in Toronto, Ontario, with an additional office in Charlotte, North Carolina.

The company specializes in providing tailored commercial insurance and general liability coverage for small to medium-sized businesses (SMEs) and B2B networks across the United States and Canada. As a digital Managing General Underwriter (MGU) and Managing General Agent (MGA), Foxquilt operates an "Insurance-as-a-Service" platform that develops, underwrites, and distributes its own insurance products. The core service of Foxquilt is its Insurance-as-a-Service platform, which simplifies the insurance process for entrepreneurs. It offers custom policy approaches, allowing businesses to pay only for the necessary coverages. The company focuses on general liability insurance tailored for contractors, eCommerce sellers, service providers, tech companies, and micro-enterprises. Foxquilt distributes its insurance through brokers, affinity partners, and direct-to-consumer online workflows, enabling businesses to efficiently quote coverage and access proof of insurance.

## What company datasets say Foxquilt raised

Funding, as reported

Reported in all **23.5M** in the source's currency

Rounds **4**

Last round **Series B**

Last round size **12M**

Last round date **Jul 2023**

Investors listed **5**

## On a portfolio page

Investors who name them

- [Extreme Venture Partners](https://millionrounds.com/fund/extreme-venture-partners)

Each firm lists Foxquilt on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

health care consumers digital insurance solutions interactive platform b2b networks distribution insurtech business owners policy business insurance insurance for ecommerce information technology & services insurance financial services embedded insurance platform professional liability finance

Built with from their website

Google Maps Google Tag Manager Amazon CloudFront Atlassian PWA Google Workspace Dv360 CloudFlare Viewport Meta Google Places

+8 more

Zencoder Hubspot Cloudflare WAF webpack Facebook SDK Amazon S3 MongoDB Atlas Apple Business Manager

- **Sector:** Insurance
- **Industry code:** NAICS 524210, SIC 6361, 6411
- **Region:** Ontario
- **Revenue:** 5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/foxquilt)

## Insurance in Canada

Startups like it

- [**Wisedocs** Toronto · founded 2018](https://millionrounds.com/startup/wisedocs)
- [**Zensurance** Toronto · founded 2016](https://millionrounds.com/startup/zensurance)
- [**Summit** Kelowna · founded 2022](https://millionrounds.com/startup/summit)
- [**Briza** Toronto · founded 2016](https://millionrounds.com/startup/briza)
- [**Goose Insurance Services Inc.** Vancouver · founded 2017](https://millionrounds.com/startup/goose-insurance-services-inc)
- [**Walnut Insurance** Toronto · founded 2020](https://millionrounds.com/startup/walnut-insurance)
- [**Emma** Quebec City · founded 2017](https://millionrounds.com/startup/emma-4)
- [**Finaeo Inc.** Toronto · founded 2016](https://millionrounds.com/startup/finaeo-inc)

## Is this your company?

Add your raise, your deck and your story, and put Foxquilt in front of investors. Or tell us what we have wrong.

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