--- title: Insurtech wholesale broker QuoteWell secures additional $12 million in financing description: "\"QuoteWell secures $12 million in new funding to enhance technology-driven offerings and expand market presence in the wholesale insurance sector. Learn more here.\"" image: https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg --- 1 min read # Insurtech wholesale broker QuoteWell secures additional $12 million in financing [![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hubfs/insurance_nerds_logo.png) Insurance Nerds Editorial Team ](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Oct 10, 2025 6:43:54 AM ![Insurtech wholesale broker QuoteWell secures additional $12 million in financing](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ### QuoteWell Secures $12 Million in New Funding QuoteWell, a tech-enabled wholesale insurance broker, has announced it has raised an additional $12 million in financing. This funding round was led by New Enterprise Associates, along with new contributions from investors Brand Foundry Ventures and ClockTower Ventures. ### Funding Purpose and Impact The raised capital is expected to bolster QuoteWell’s technology-driven offerings and expand its market presence within the wholesale insurance sector. Specifically, the company aims to enhance its operations and possibly improve services for brokers and clients alike. ### Key Players Involved New Enterprise Associates, a well-regarded venture capital firm, has a history of funding innovative companies across various industries. Meanwhile, Brand Foundry Ventures and ClockTower Ventures bring additional expertise and resources that could prove beneficial as QuoteWell pursues its growth strategy. ### Market Context The move comes at a time when technology in the insurance industry is becoming increasingly important. Brokers are looking for innovative solutions to streamline processes and improve efficiency. QuoteWell’s focus on tech integration positions it well to meet these demands. ### Who Will Be Affected? This funding round could impact a range of stakeholders. Brokers using QuoteWell’s platform may soon benefit from enhanced services and efficiency. Furthermore, this development signals a trend toward more tech-driven solutions in commercial insurance, which could influence how other companies operate in the market. Overall, the new funding for QuoteWell reflects ongoing investment in insurtech, showcasing a shift in the industry toward embracing technology for better service delivery. Original Source: [https://www.theinsurer.com/ti/news/insurtech-wholesale-broker-quotewell-secures-additional-12-million-in-financing-2025-10-08/](https://www.theinsurer.com/ti/news/insurtech-wholesale-broker-quotewell-secures-additional-12-million-in-financing-2025-10-08/) - [Tweet](https://twitter.com/share) [![Scout Security Accelerates Growth with Roo Merger and New Bolt Insurtech Deal](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/scout-security-accelerates-growth-with-roo-merger-and-new-bolt-insurtech-deal) #### [Scout Security Accelerates Growth with Roo Merger and New Bolt Insurtech Deal](https://insnerds.com/news/scout-security-accelerates-growth-with-roo-merger-and-new-bolt-insurtech-deal) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Jan 30, 2026 1:47:42 AM Scout Security Merger with Roo Inc. Scout Security Ltd. has officially completed its strategic merger with Roo Inc., a New York-based company... [Read More](https://insnerds.com/news/scout-security-accelerates-growth-with-roo-merger-and-new-bolt-insurtech-deal) [![US insurtech startup secures seed cash to scale tech, operations](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/us-insurtech-startup-secures-seed-cash-to-scale-tech-operations) #### [US insurtech startup secures seed cash to scale tech, operations](https://insnerds.com/news/us-insurtech-startup-secures-seed-cash-to-scale-tech-operations) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : May 20, 2025 7:55:05 AM Funding Boost for Insurtech Startup A U.S. insurtech startup has successfully secured seed funding to enhance its technology and expand its... [Read More](https://insnerds.com/news/us-insurtech-startup-secures-seed-cash-to-scale-tech-operations) [![London insurtech Wrisk scores £12m Series B](https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg) ](https://insnerds.com/news/london-insurtech-wrisk-scores-12m-series-b) #### [London insurtech Wrisk scores £12m Series B](https://insnerds.com/news/london-insurtech-wrisk-scores-12m-series-b) ![Picture of Insurance Nerds Editorial Team](https://insnerds.com/hs-fs/hubfs/insurance_nerds_logo.png?width=30&name=insurance_nerds_logo.png) [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) : Jul 8, 2025 10:58:04 AM Wrisk Secures £12m in Series B Funding Wrisk, a London-based insurtech focusing on embedded insurance solutions for the automotive sector, has raised... [Read More](https://insnerds.com/news/london-insurtech-wrisk-scores-12m-series-b) ![](https://px.ads.linkedin.com/collect/?pid=7110236&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Insurance Nerds Editorial Team", "url" : "https://insnerds.com/news/author/insurance-nerds-editorial-team" }, "datePublished" : "2025-10-10T10:43:54.000Z", "headline" : "Insurtech wholesale broker QuoteWell secures additional $12 million in financing", "image" : [ "https://insnerds.com/hubfs/News%20Feed%20Featured%20Image.jpg" ], "mainEntityOfPage" : { "@id" : "https://insnerds.com/news/insurtech-wholesale-broker-quotewell-secures-additional-12-million-in-financing", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://insnerds.com/hubfs/InsNerds%20Large%20print%20quality.png" }, "name" : "Insurance Nerds" } } ```