Coverager Counts Insurtech Funding In The Greater Boston Area To Be At Least $675,631,000

Earlier this year Agency Checklists presented our case on why we think Boston is poised to be an A “Hub of Insurance Innovation.” To read more about the reasons why, please see our January 2017 article entitled “InsurTech 2017: Why Boston (And MA) Is Poised To Be A Hub Of Insurance Innovation.”

Further proof of why the Greater Boston Area is Great for Insurtech

In anticipation of Thursday’s Boston Insurtech III event, Agency Checklists thought that it would be worthwhile to take a quick look at the actual number of startups and insurance companies that have insurtech initiatives and investments in the Greater Boston Area. Aside from being really interesting to our readers, this look also gave us the opportunity to collaborate with one of favourite insurtech-focused sites Coverager.

For those who don’t know Coverager, the site was founded in October of 2016 and provides a global and national look at what is happening in the insurance industry. Please check it out or sign-up for the site’s daily newsletter here.

A look at the names & numbers​

Every effort has been made to verify these numbers, but inaccuracies may still exist. As for the total number of funding, this number is also just an estimate since many start-ups have chosen not to disclose their funding amounts.

Company	Funding	Established	Headquarters
	$207,500,000	2009	Waltham, MA
Agencyport Software (acquired)		2000	Boston, MA,
		1972	Medford, MA,
		2003	Waltham, MA,
		2015	Boston, MA,
		2015	Boston, MA,
		2013	Boston, MA,
	$91,000,000	2011	Cambridge, MA,
		1891	Canton, MA,
		2009	Boston, MA,
		2014	Cambridge, MA,
	$2,000,000	2015	Cambridge , MA,
	$2,000,000	2015	Newburyport, MA,
	$22,500,000	2007	Boston, MA,
		2016	Boston, MA,
	$111,418,000	2012	Boston, MA,
		2016	Boston, MA,
	$16,100,000	2004	Needham, MA,
	$37,570,000	2010	Cambridge, MA,
	$8,500,000	2015	Cambridge, MA,
		2015	Boston, MA,
		2015	Boston, MA,
	$89,200,000	2006	Boston, MA,
		1852	Worcester, MA,
		1997	Boston, MA,
	$1,200,000	2013	Boston, MA,
		2010	Maynard, MA,
		2015	Boston, MA,
	$6,600,000	2013	Cambridge, MA,
		1862	Boston, MA,
		1912	Boston, MA,
		2016	Boston, MA,
		1935	Webster, MA,
		2009	Boston, MA,
		1851	Springfield, MA,
		2014	Boston, MA,
	$56,900,000	2012	Boston, MA,
		2014	Boston, MA,
		2013	Boston, MA,
	$425,000	2015	Boston, MA,
		2007	Billerica, MA,
		1984	Boston, MA,
	$3,250,000	2015	Boston, MA,
		1923	Boston, MA,
		1907	Woburn, MA,
		2016	Boston, MA,
		1828	Andover, MA
		1825	Dedham, MA,
	$10,000,000	2012	Boston, MA,
	$9,468,000	2012	Somerville, MA,
		2015	Boston, MA,
YourPoncho (acquired)		2015	Boston, MA,
Zensure (acquired)		2017	Boston, MA,