Anzen raises $16 million

Anzen Insurance, a San Francisco-based startup offering a platform to submit, quote, and bind commercial insurance, has raised $16 million in funding led by Madrona, with participation from Sandbox Industries, Andreessen Horowitz, and others.

The latest round brings Anzen’s funding to date to $26 million.

Anzen is a wholesale insurance broker offering coverage for specialty, executive, and casualty liability. The startup also offers a software solution that automates wholesale submissions and quotes for brokers.