InsurTech Ennabl claims to have raised $4m in funding

Insurance startup Ennabl has raised $4m in new funding according to filings submitted with the Securities and Exchange Commission (SEC).

Launched in 2020, Ennabl has developed a platform named ennablData that seeks to unify, organise and advance enriched data by role and function in order to speed up the ability of insurance brokers and agents to source, advise and manage clients.

The filings which revealed that Ennabl had raised $4m were submitted to the SEC on October 6.

Ennabl said, “AMS, CRM, Carriers and Analytics providers have clear access to your data – in pieces. Brokers spend 80% of their time collecting, entering, correcting and collating from various partners. And they still don’t have the complete picture.

“ennablData is an industry cloud that unifies your scattered data, structures it to industry standards, enriches it with external data, and manages the storage solution for you. ennablData is accessible natively or with the BI tool of your choice.”

Copyright © 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.