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- AgentSync
AgentSync Revenue, Valuation, Funding & Investors
AgentSync is valued at $1.2B as of December 2021.
Last AgentSync valuation
$1.2B
Series B · Dec 2021
Last AgentSync funding round
$50M
Series B · Oct 2023
AgentSync revenue
$11M
Series B · Dec 2021
Key investors in AgentSync
Craft Ventures
Caffeinated Capital
Operator Collective
Nine Four Ventures
Tiger Global
Valor Equity Partners
About AgentSync
AgentSync is an insurtech platform managing producer onboarding, licensing, contracting, and compliance for carriers, agencies, and MGAs. Its APIs automate appointments and filings with NIPR and state regulators. Denver-headquartered and founded in 2018, AgentSync serves clients like Applied Systems and Vertafore, reducing onboarding times from weeks to days across all 50 US states.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$11M (Dec 2021)
Valuation
$1.2B (Dec 2021)
AgentSync Valuation
AgentSync is currently valued at $1.2B, based on its Series B in December 2021.
The $75M round was led by Valor Equity Partners, with participation from Anthemis, Atreides Management, Nine Four Ventures, Tiger Global and Craft Ventures.
AgentSync's valuation has grown 5.5x from $220M at its Series A in March 2021 to $1.2B in December 2021, across 2 priced rounds.
AgentSync valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Dec 2021 | Series B | $1.2B | 109.1x |
| Mar 2021 | Series A | $220M | 20.0x |
AgentSync Revenue
AgentSync's latest recorded revenue is $11M, as of its Series B in December 2021.
Revenue moved from $11M in March 2021 to $11M in December 2021.
AgentSync revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2021 | $11M | $1.2B | 109.1x | Series B |
| Mar 2021 | $11M | $220M | 20.0x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
AgentSync Funding History
AgentSync has raised a total of $161M across 5 funding rounds.
AgentSync's first fundraising round was a $4M seed round in August 2020. The most recent completed round was a $50M Series B in October 2023.
AgentSync funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2023 | Series B | Craft Ventures (lead); Valor Ventures (lead) | $50M | - | AgentSync, a Denver-based insurtech providing modern insurance infrastructure, raised $50 million in a Series B extension on October 26, 2023, co-led by existing investors Craft Ventures and Valor Ventures, bringing total funding to $161 million. The platform connects insurance carriers, agencies, MGAs, and producers via APIs to streamline producer onboarding, contracting, licensing, and compliance, reducing friction and ensuring regulatory adherence across all lines of insurance. Since its prior Series B in Q4 2022 (noted in some sources as December 2021 at $1.2 billion valuation), AgentSync reported 3x ARR growth and over 2x customer growth, serving more than 200 insurance companies including major carriers. The funding will support product development, infrastructure enhancements, and customer base expansion, particularly among large insurance carriers, positioning AgentSync as core infrastructure for scaling distribution and cutting costs in the industry. Company executives and investors highlighted its customer-centric approach, with metrics like an LTV:CAC ratio of 3.6x and NPS of 69, comparable to top consumer tech firms. Craft Ventures partner Brian Murray emphasized AgentSync's role in upgrading insurance industry resilience and efficiency. AgentSync, founded in 2018 by Niranjan Sabharwal and Jenn Knight, differentiates through cloud-native, flexible solutions addressing entrenched issues in insurance distribution. It has earned accolades including Forbes Cloud 100 Rising Star, Insurtech Insights Future 50, and Denver's Best Places to Work. |
| Dec 2021 | Series B | Valor Equity Partners (lead); Anthemis; Atreides Management; Nine Four Ventures; Tiger Global; Craft Ventures | $75M | $1.2B | AgentSync, founded in 2018 by Niranjan “Niji” Sabharwal and Jenn Knight and headquartered in Denver, CO, develops a regulatory compliance platform providing insurance infrastructure to connect carriers, agencies, MGAs, and producers. The platform streamlines broker onboarding, contracting, licensing, and compliance processes through modern tools, seamless APIs, and automation, reducing friction and improving efficiency in the $1.3T US insurance industry. It powers producer management for insurance carriers, agencies, and MGAs, positioning AgentSync as the only unicorn focused on this insurance infrastructure space. On December 7, 2021, AgentSync raised $75 million in a Series B funding round led by Valor Equity Partners, with participation from Craft Ventures, Tiger Global, Atreides Management, Anthemis, Nine Four Ventures, and existing investors, achieving a $1.2 billion post-money valuation and unicorn status. This brought total funding to $111.1 million, following a $35 million Series A at $220 million valuation in March 2021 and earlier seed rounds totaling around $36 million since June 2020. The valuation grew 55x since the seed round 17 months prior. The company reported 3.5x year-over-year ARR growth at the time of the Series B, along with strong customer traction including over 100 customers, an NPS of 69 comparable to Netflix and Airbnb, and zero customer churn. Funds were earmarked to enhance producer management capabilities, expand solutions for agencies, MGAs, carriers, and the 1.2 million in insurance distribution, and support hiring. AgentSync was recognized as a Forbes Cloud 100 Rising Star in 2020 and an Insurtech Insights Future 50 winner, underscoring its role in modernizing a long-overlooked sector. By late 2022, it had grown to 229 employees, with total funding reaching $161 million including later rounds, though valuation remained at $1.2 billion as of October 2023. |
| Mar 2021 | Series A | Craft Ventures (lead); Operator Collective; Nine Four Ventures; Marc Benioff; Caffeinated Capital | $25M | $220M | AgentSync is an insurtech SaaS company founded in 2018 by Niranjan Sabharwal and Jenn Knight, headquartered in Denver, CO, that provides modern tools for producer management in the insurance industry, including compliance, licensing, onboarding, contracting, and automation via its core product AgentSync Manage, which integrates with Salesforce to reduce friction and improve efficiency for carriers, agencies, and MGAs. On March 8, 2021, AgentSync closed a $25 million Series A funding round co-led by Elad Gil and Craft Ventures (David Sacks), with participation from Marc Benioff, Caffeinated Capital, Operator Collective, and Nine Four Ventures, bringing the post-money valuation to $220 million—a 10x increase from its seed round valuation in mid-2020. The funds were earmarked for accelerating product development to build a comprehensive producer management platform, expanding into areas like certifications, recruiting, and territory management, while supporting a hiring push to double the company size. This round followed seed financings of $4.4 million in August 2020 and $6.7 million in December 2020, fueling rapid growth in addressing inefficient processes in the trillion-dollar U.S. insurance market, motivated by compliance challenges like those faced by Zenefits. AgentSync was recognized as a Forbes Cloud 100 Rising Star in 2020 and an Insurtech Insights Future 50 winner. |
| Dec 2020 | Seed | Craft Ventures (lead); Operator Collective | $7M | - | AgentSync raised $6.7 million in a seed VC round on December 2, 2020, led by Craft Ventures with participation from Operator Collective and prior investors. The funding supported accelerated hiring and product development in agent compliance management for the insurance industry. The company reported approximately $1.9 million ARR in August 2020, growing to an estimated $3-4 million ARR by December 2020, reflecting about 4x growth since March 2020. This round followed a $4.4 million seed in August 2020 and preceded a $25 million Series A in March 2021 co-led by Craft Ventures and Elad Gil, which valued the company at $220 million. AgentSync provides modern tools for producer management, including broker onboarding, contracting, licensing, and compliance, targeting insurance carriers, agencies, and MGAs. |
| Aug 2020 | Seed | Caffeinated Capital (lead); Parker Conrad; Liu Jiang; Keenan Rice; Ben Porterfield; Matt MacInnis; Jack Altman; SciFi VC; Harry Stebbings; Garrett Koehn | $4M | - | AgentSync raised a seed round of approximately $4.4-4.45 million in April or September 2020, led by Caffeinated Capital with participation from individual investors including Ben Porterfield, Garrett Koehn, Harry Stebbings, Jack Altman, Keenan Rice, Liu Jiang, Matt MacInnis, Parker Conrad, and SciFi VC. The company provides a regulatory compliance platform modernizing insurance infrastructure, focusing on producer onboarding, licensing, and management for carriers, agencies, and MGAs. This seed funding supported initial development of API integrations and compliance tools in the trillion-dollar insurance market. |
Who has invested in AgentSync?
19 investors have backed AgentSync across its funding rounds, including Craft Ventures, Caffeinated Capital, Operator Collective, Nine Four Ventures, Tiger Global and Valor Equity Partners.
Lead investors include Craft Ventures, Valor Ventures, Valor Equity Partners and Caffeinated Capital.
AgentSync Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Dec 2020 | ||
| 2 | Participant | Dec 2020 | ||
| 2 | Participant | Mar 2021 | ||
| 2 | Lead | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Aug 2020 | ||
| 1 | Participant | Aug 2020 | ||
This data is available for Pro users. Sign up to see all 19 AgentSync investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by AgentSync
AgentSync has acquired 2 companies to date.
Last acquisition by AgentSync was on May 5th 2022. AgentSync acquired eContractPro for undisclosed valuation.
Latest Acquisitions by AgentSync
| Description | eContractPro is a cloud-based platform simplifying contract generation and management for insurance agencies and brokers. Headquartered in Tampa, it automates quoting for property, casualty, and life policies with carrier integrations. Launched in 2018, eContractPro connects to over 50 insurers including Progressive and Allstate, enabling digital signatures and commission tracking. The service reduces paperwork by 70 percent for independent agencies in the US Southeast. | Finvera is a U.S.-based identity verification platform for financial professionals including advisors, brokers, and agents. The service delivers secure single-flow authentication via finvera.com, enabling compliance checks, accreditation verification, and onboarding in the wealth management industry across North America. |
| HQ Country | ||
| HQ City | Athens, GA | San Francisco, CA |
| Deal Date | 5 May 2022 | 4 Nov 2021 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all AgentSync acquisitions and their M&A valuation multiples. Start Free Trial | ||
AgentSync Competitors
AgentSync competitors include listed companies like Claritev and U.S. Physical Therapy, and private ones like Saviynt, Wheel, MasterControl and Huma.AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $300M | - | $700M | 2.3x | ||
| Private | - | - | $1.2B | - | ||
| Private | $100M | - | $1.3B | 13.0x | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $965M | $466M | $538M | 5.2x | ||
| Publicly listed | $781M | $110M | $1.2B | 2.3x |
AgentSync Public Comps
AgentSync is still privately-owned, but its public comps include U.S. Physical Therapy, Edelweiss Financial Services, Goosehead Insurance, PHC Holdings, EverCommerce, Vitec Software, iFLYHealth, Indegene, Omnicell and HealthStream.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $781M | $110M | 2.5x | 2.3x | 17.5x | 18.9x | |||
| $606M | - | 2.1x | - | - | - | |||
| $365M | $86M | 4.2x | 3.8x | 17.9x | 12.4x | |||
| $2.3B | $320M | 1.0x | 1.0x | 7.2x | 6.5x | |||
| $589M | $128M | 3.0x | 2.9x | 13.7x | 9.5x | |||
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $136M | ($7M) | 7.7x | 6.2x | (150.8x) | (144172.5x) | |||
| $366M | $68M | 3.7x | 3.3x | 19.9x | 18.2x | |||
This data is available for Pro users. Sign up to see all AgentSync competitors and their valuation data. Start Free Trial | ||||||||
Common questions about AgentSync
| When was AgentSync founded? | AgentSync was founded in 2018. |
| Where is AgentSync headquartered? | AgentSync is headquartered in Denver, CO, United States. |
| Is AgentSync publicly listed? | No, AgentSync is a private, VC-backed company. |
| What is AgentSync's valuation? | AgentSync was last valued at $1.2B in its Series B in December 2021. |
| How much funding has AgentSync raised? | AgentSync has raised $161M across 5 funding rounds. |
| What was AgentSync's last funding round? | AgentSync's last funding round was a $50M Series B in October 2023, led by Craft Ventures and Valor Ventures. |
| Who are AgentSync's investors? | AgentSync's investors include Craft Ventures, Operator Collective, Nine Four Ventures, Caffeinated Capital, Parker Conrad, Liu Jiang, Keenan Rice, Anthemis, Ben Porterfield, Matt MacInnis and 9 others. |
| What is AgentSync's revenue? | AgentSync's latest recorded revenue is $11M (December 2021). |
| Which companies are comparable to AgentSync? | Companies comparable to AgentSync include Saviynt, Wheel, MasterControl, Huma.AI, Claritev and U.S. Physical Therapy. |
| How many companies has AgentSync acquired? | AgentSync has acquired 2 companies, including eContractPro and Finvera. |
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