At N49P, we back founders who see an industry’s hidden pain points before anyone else—and execute relentlessly to solve them. Since investing in Quandri’s pre‑seed in 2022, we’ve watched brothers Jamieson and Jackson turn browser‑side bots into AI-driven intelligence, unlocking hours of productivity and optimizing core workflows for a growing list of modern brokerages. Today, we’re thrilled to announce their US $12 million Series A, led by Framework Venture Partners with continued support from FUSE, Defined Capital, and new strategic investor Intact Ventures.
The Opportunity: Brokers Drown in Manual Work
Insurance brokerages still spend hours on repetitive tasks—policy checking, requoting, data re‑entry—that throttle growth and erode customer experience. Quandri’s AI‑powered Renewal Intelligence eliminates those bottlenecks, freeing brokers to sell, advise, and retain clients.
The Round — fuel for North‑American expansion
Quandri’s latest fund‑raise brings in US $12 million, lifting total capital to more than US $20 million since the company launched in 2021. Framework Venture Partners led the Series A and was joined by returning backers FUSE and Defined Capital, while Intact Ventures—the investment arm of North America’s largest P&C insurer—came aboard as a new advising investor. The fresh capital will support three priorities: opening a Boston office so the team can sell and service directly in the world’s largest insurance market, expanding the engineering and AI research group to deepen the product’s technical moat, and scaling sales, partnerships and customer‑success capacity on both sides of the border.
Traction snapshot
Since the start of 2023 Quandri has multiplied revenue fifteen‑fold and increased its customer roster to more than 100 brokerages and agencies across Canada and the United States. Headcount has climbed to seventy‑five—five times the size it was two years ago—while the company has shipped a trio of major products: Policy Checking, Policy Requoting (CAD) and Connect. Those launches helped win marquee clients such as Brokerlink, Western Financial, HomeServices Insurance and BlueRidge Risk.
Why now
Macroeconomic pressure is forcing brokerages to defend renewal revenue and operate more efficiently, and advances in large‑language models and robotic process automation now let software handle the complex logic buried in policy documents. At the same time, regulators and carriers are raising service‑level expectations, making workflow automation less a “nice‑to‑have” and more an industry mandate. Quandri sits at the convergence of these forces.
Join a rocketship
Quandri is building the infrastructure layer for brokerage operations—while giving every broker the superpower of time. If you’re an insurance leader ready to future‑proof your agency, book a demo. And if you’re an engineer, data scientist, or GTM operator who loves shipping fast, join the team.
We’re honoured to continue this journey with the Quandri crew as they redefine what’s possible for brokers and agents across the continent.
