Equal Parts raises $23 million

Insurance agency Equal Parts announced it has raised $23 million in Series A funding led by Inspired Capital to accelerate the company’s acquisition strategy and “further develop AI tools that extend the reach and impact of independent agencies.”

The Series A round, with participation from Equal Ventures, Max Ventures, Genius Ventures and lending partners, brings Equal Parts’ total acquisition capital to $50 million. Recent acquisitions include Strategic Insurance in New Mexico and Austin-based Assurely and Lumen Insurance.

Since launching in March 2025, Equal Parts has delivered “significant revenue growth and margin improvement” across acquired agencies. The company plans to acquire 25 agencies this year and reach $1 billion in premiums within 24 months.

“This funding accelerates our mission to be the operating platform agency owners need and the acquisition partner they deserve. With half the industry retiring in the next decade, we give owners a way to exit without sacrificing culture or client focus – carrying their legacies forward with equal parts technology and tradition.” – Mike Witte, co-founder and CEO.

“Equal Parts represents a changing of the guard in independent insurance. Their blend of human relationships and purpose-built technology can unify and modernize this fragmented industry.” – Mark Batsiyan, General Partner at Inspired Capital.