QuickFacts raises $2 million

Canadian insurance startup QuickFacts announced a $2 million funding round led by Sandpiper Ventures, with participation from Killick Capital and several angel investors.

The startup will use the funds to launch in Quebec and the US market, following its recent expansion across the Canadian Western provinces.

Co-founded by Christy Barsalou and Jeff Barsalou in late 2020, QuickFacts offers a platform that organizes insurance carrier and brokerage information into a searchable database of simplistic carrier comparison charts, detailed workflows, helpful resources, and more.

The startup currently has 100 brokerage clients and 2,500 users.

“We’re extremely proud to see the success and positive feedback QuickFacts has received over the past year. Securing this funding is crucial for our growth trajectory, reflecting our investors’ confidence in our ability to empower brokers with reliable underwriting information and process technology.” – Jeff Barsalou, QuickFacts CRO.

“U.S. brokerages are experiencing similar pain points to Canadian brokerages, but on a much larger scale due to the sheer size of the market and state differences. That’s why technology is imperative for brokers to keep pace with rapid carrier information changes, ensuring they deliver accurate, up-to-date advice to clients, ultimately enhancing efficiency and service quality.” – Christy Barsalou, QuickFacts President and CEO.