XILO

XILO is an insurtech platform that modernizes the insurance shopping experience for the greater insurance industry.

Business Model: SAAS

Revenue: $0

Employees: 11-50

Detailed XILO Information

Geographic Data

XILO headquarters map

Address:

City: San Diego

State: California

Zip:

Country: United States

Financial Info

Stage:

seed

Raised Last:

$2M

Raised Total:

$2M

Metrics

6,407,285Website Global Rank

932Website Monthly Traffic

Twitter Followers

Description

Agencies are experiencing problems attracting modern customers because leads are no longer coming in from just phone calls and walk-ins, they&s;re coming in through multiple digital channels; Customers are expecting significantly faster, almost instant responses and quotes from agents; Agents now have multiple systems and PDFs they have to enter data into which delays their time to quote; And agents are still tracking everything manually in their sales processes (the sticky note approach). XILO helps them solve these problems overnight so they can attract, quote, and sell modern customers. With our insurtech platform, agents can stand up beautiful quoting experiences across multiple online and offline channels to capture leads from partners, agents internally, and digital channels increasing conversions at the top of the funnel. We automate the process of quoting and communicating with those customers on custom workflows built out by the agents so they can respond to customers immediately increasing conversion rates on throughout their sales pipelines. Our system integrates directly into their AMS&s;s, CRMs, and even their Raters to streamline the data entry process. And we even have a CRM they can use to manage their pipeline so they can automatically track everything coming through the system. Agencies who use XILO can see up to a 10X increase in conversion on leads and a 75% reduction in the time to quote which has created more sales for agencies.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2020 Pre Seed Round 1 $100k EV Private Investments
EV Private Investments
12/2020 Seed Round 2 $2M Act One Ventures
New Stack Ventures
ValueStream Ventures
Act One Ventures
New Stack Ventures
2/2020 Pre Seed Round 1 $40k Forum Ventures
Forum Ventures
1/2020 Venture Round 1 $300k Right Side Capital Management
Right Side Capital Management
12/2020 Seed $2M New Stack Ventures
Act One Ventures
Announced Date Name Price

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