Xagent

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Overview

Acquired by 
Bold Penguin
Total Funding Amount $3.3M
Xagent
Xagent gives agents single-entry market access to a variety of standard and surplus lines insurance carriers.
Categories  Advertising, Finance, Financial Services, Insurance, InsurTechHeadquarters Regions  Washington DC Metro Area, East Coast, Southern USFounded Date 2015Founders  Bryan BairdOperating Status ActiveFunding Status M&ALast Funding Type Corporate RoundNumber of Employees 11-50Legal Name K&B Underwriters, LLC
IPO Status PrivateCompany Type For Profit
Website LinkedIn Contact Email info@xagent.comPhone Number (800) 774-1917

689彩票邀请码xagent provides a 50 state submission platform for you to expedite service for your commercial clients. By becoming a part of the xagent community, you are prepared to meet the changing needs of your insureds. A March 2016 report by McKinsey & Company entitled Small commercial insurance: A bright spot in the US property-casualty market concludes:

689彩票邀请码Shifting behavior of Small Business Owners towards online purchasing over the next 5 years means Agency carriers will have to innovate and agents must develop marketing and online customer-facing capabilities.

689彩票邀请码xagent was built to help you do much more than simply survive the industry trend towards online sales and disintermediation. It is your opportunity to lead the digital revolution by giving consumers the best of both worlds—an online experience backed by local expertise from you, their independent agent!

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Unlock Charts on Crunchbase

689彩票邀请码 Charts can be found on various organization profiles and on Hubs pages, based on data availability.

Lists Featuring This Company

United States Financial Services Companies (Top 10K)
9,922 Number of Organizations ● $103.8B Total Funding Amount ● 7,899 Number of Investors
United States Finance Companies
5,540 Number of Organizations ● $70.1B Total Funding Amount ● 6,239 Number of Investors
Virginia Financial Services Companies
267 Number of Organizations ● $1.8B Total Funding Amount ● 102 Number of Investors
Advertising Acquired Companies
3,356 Number of Organizations ● $24.5B Total Funding Amount ● 3,459 Number of Investors

M&A Details

Xagent was acquired by Bold Penguin on Jan 2, 2020.
Transaction Name 
Xagent acquired by Bold Penguin
Acquired by 
Bold Penguin
Announced Date Jan 2, 2020

Funding Rounds

Number of Funding Rounds 2
Total Funding Amount $3.3M
Xagent has raised a total of $3.3M in funding over 2 rounds. Their latest funding was raised on Aug 17, 2018 from a Corporate Round round.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Aug 17, 2018
Corporate Round - Xagent
2$1.2M Tribeca Angels, World Insurance Associates
Feb 28, 2018
Seed Round - Xagent
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2
$2.1M

Investors

Number of Lead Investors 2
Number of Investors 4
Xagent is funded by 4 investors. World Insurance Associates and Tribeca Angels are the most recent investors.

Website Tech Stack by BuiltWith

Xagent is actively using 40 technologies for its website. These include Viewport MetaIPhone / Mobile Compatible, and SPF.

Web Traffic by SimilarWeb

Xagent is ranked 24,792,712 among websites globally based on its 130 monthly web visitors.

Competitors & Revenue by Owler

Xagent has $5M in estimated revenue annually. Xagent competes with PCMSCOMPU689彩票邀请码, and AgentCubed.

Post-Money Valuation Data by PrivCo

Xagent has a post-money valuation in the range of $10M to $50M as of Aug 17, 2018 according to PrivCo. Sign up for a free trial to view exact valuation and search companies with similar valuations.

Current Team

Number of Current Team Members 2
Xagent has 2 current team members, including Founder & CEO Bryan Baird.
Bryan Baird
Founder & CEO

Board Members and Advisors

Number of Board Members / Advisors 1
Xagent has 1 board member or advisor, Terrence Scali.
Terrence Scali
Board Member

Recent News & Activity

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