XILO raises $7.2 million

San Diego-based XILO , a quoting software provider for independent insurance agencies, has raised $7.2 million in its latest Series A funding round.

The round included participation from Altos Ventures, Cove Fund, Navigate Ventures LLC, New Stack Ventures, and Splash Capital, bringing XILO’s total funding to $13.2 million.

Founded in 2017, XILO streamlines the quoting process for insurance agencies with customizable digital intake forms that integrate seamlessly with Agency Management Systems (AMS) and raters. The platform enables automated data entry, helping agencies enhance efficiency and improve conversion rates.

XILO’s clients include Towne Insurance and Partnership Insurance Agency.