PolicyBound
A commercial insurance technology platform built to help independent agencies modernize and grow
Overview
PolicyBound is a distribution and sales platform for commercial insurance brokers, offering a suite of digital tools that help independent agencies modernize client engagement and compete more effectively in the marketplace. The company was founded in 2023 by Mike Weisbrot and is headquartered in Philadelphia, Pennsylvania.
The platform delivers workflow automation, carrier comparison, and digital client engagement capabilities as a SaaS solution. It is purpose-built for commercial insurance brokers and does not require custom development to configure or deploy, enabling agencies to adopt modern technology without significant technical overhead.
PolicyBound raised USD 2M in seed funding from Archetype Growth Equity in April 2023. With 21 employees as of early 2026, the company is in active growth serving small to mid-size commercial insurance brokerages.
Products & Services
PolicyBound Platform
A technology platform designed for commercial insurance brokers that combines digital client engagement, carrier comparison, and workflow automation in a single solution. The platform helps agencies streamline operations and attract new clients without requiring technical resources.
Key Features
- Digital client engagement and onboarding tools
- Carrier comparison and quoting capabilities
- Workflow and marketing automation for agencies
Target Users: Independent commercial insurance brokers and agencies
At a Glance
- Founded
- 2023
- Headquarters
- Philadelphia, Pennsylvania, USA
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Agency Management Digital Storefront Quote-to-Bind
- Insurance Verticals
- P&C Commercial
- Target Customers
- Brokers, Agents/Agencies
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Last updated: 2026-06-15