InsurGrid Simplifies Insurance Data Collection with Innovative Platform
In 2019, InsurGrid emerged as a transformative platform for the insurance industry, focusing on simplifying the collection and verification of policy information. By integrating with over 350 insurance providers, it allows agents to gather detailed policy data directly from clients' insurers using a single link, significantly streamlining traditional communications reliant on emails and phone calls.
The company secured $3.4 million in initial financing from Engineering Capital, Hustle Fund, Cedana Capital, and other strategic investors. This financial backing contributed to InsurGrid's annual growth of 50% through the final quarter of 2025. InsurGrid continues to expand its technological offerings, including tools for contemporary insurance agencies, landlord insurance verification solutions, an AI-driven policy review environment, and advanced APIs to enhance automation.
Expansion and Innovation
Chase Beach, InsurGrid's founder, stated, “Under Helium's ownership, we're seeing unprecedented innovation and growth. The team has already delivered features our customers have been requesting for years, and I'm excited to see InsurGrid become the definitive P&C data platform for agencies of all sizes.” Helium Ventures, directed by Rohit Mittal and Priyank Singh, focuses on acquiring software companies with established market viability. Mittal commented, "InsurGrid represents exactly the type of innovative B2B software we look for—a product that solves a real problem, has demonstrated product-market fit, and serves a large, underserved market.”
Addressing Industry Challenges
The platform addresses a key industry challenge: efficiently gathering accurate policy data. This capability allows agents to instantly access declaration pages, verify policy specifics, identify additional coverage opportunities, and enhance the accuracy of quotations. According to Josh Bagby of Providence Insurance, the platform significantly simplifies provider interactions, while Jason Conner of Liberty Mutual reported a notable increase in policies bound due to using InsurGrid.
Technological Advancements
Recent advancements include tools for policy cancellation, AI policy intelligence, commercial data extraction, and improved system integrations. InsurGrid continues to broaden its team and resources for customer support while ensuring compliance with high security standards, including 256-bit AES encryption.
Serving over 2,500 agents nationwide, InsurGrid facilitates the collection of more than 80,000 declaration pages and aids in closing insurance transactions totaling over $250 million in premium annually. Helium Ventures positions itself as an AI-centric holding entity, continuously seeking out software ventures meeting significant market demands. For further details, interested parties can reach InsurGrid at their official site: insurgrid.com.