XILO Secures $7.2M to Improve Digital Quoting Solutions for Insurance Agencies
4 February 2025
XILO, a San Diego-based InsurTech firm offering digital quoting software for independent insurance agencies, has successfully raised $7.2 million in its Series A funding round.
The round saw participation from Altos Ventures, Cove Fund, Navigate Ventures LLC, New Stack Ventures, and Splash Capital. With this latest funding, XILO’s total investment to date has reached $13.2 million, as reported by InsurTech Insights.
Founded in 2017, XILO specializes in digital intake forms that integrate smoothly with Agency Management Systems (AMS) and raters, automating data entry to boost efficiency and conversion rates for insurance agencies.
With the new funding, XILO plans to enhance its technology, expand its market presence, and further refine its platform to streamline workflows for independent agencies, ultimately improving the quoting process and delivering stronger digital solutions for the industry.
