AgentSync raises $6.7 million

San Francisco-based AgentSync announced a $6.7 million seed extension round, bringing the company’s total funds raised to $11.1 million. Leading the round is David Sacks’ Craft Ventures, with participation from Operator Collective and several prior investors. Founded in 2018, the company offers a product to automate broker onboarding, carrier contracting, and licensing compliance, with plans to expand product features to broker insight and recruiting tools.

“I’ve seen first-hand how important regulatory compliance is, and there is massive whitespace for what AgentSync is bringing to market. Niji, Jenn, and team are successfully tackling a very real problem that has been a bottleneck for growth in the industry for years. We are excited to be supporting this talented team as it scales to meet market demand.” – Brian Murray, managing director at Craft Ventures.

“Operating in a highly regulated environment can be tedious, whether you’ve been doing it for hundreds of years or you are an emerging insurtech startup. Our mission at AgentSync is to reduce the friction between key stakeholders, and make the entire industry move ahead faster. We’ve had extremely positive reception across the industry so far, and look forward to scaling our team and product to allow our customers to grow their distribution channels efficiently and compliantly.” – Niji Sabharwal, co-founder and chief executive officer at AgentSync.