QuickFacts Raises $2M in Oversubscribed Round

Halifax-based insurtech startup and Volta Growth Resident company, QuickFacts, has announced the closing of an oversubscribed funding round to accelerate their expansion across North America.

Co-founded by Christy Barsalou (President & CEO) and Jeff Barsalou (CRO) in late 2020, QuickFacts offers a platform that consolidates insurance carrier information into a user-friendly, searchable database. Their software facilitates side-by-side underwriting comparisons and streamlines brokerage workflows, reducing underwriting calls by up to 50% and saving users up to 2 hours per day.

This round was led by Halifax-based Sandpiper Ventures, a fund focused on women building ground-breaking technology companies. In addition to Sandpiper, the investor group includes Killick Capital, a private investment firm based in St. John's and headed by Mark Dobbin; Paul Hill, Canadian technology executive and angel investor; InsurTech NY, a NYC-based fund investing in new products, distribution solutions, and technologies to evolve the insurance industry; Neil Mitchell, former Managing Director at Marsh Canada; Phil Gibson, previous Managing Director for Aviva, and senior executive at Allstate and Travelers US; Don Jacobi, the previous owner of Jacobi Brien Insurance; East Valley Ventures and other angel investors.

QuickFacts has been an active member of the startup ecosystem in Atlantic Canada since their launch in 2020. They first joined Volta’s Residency program in 2022, where they have since leveraged the tailored support model to support their high-growth potential.

“QuickFacts has demonstrated the determination and focus that’s required to take a startup from idea to measurable market traction,” said Volta CEO Matt Cooper. “And beyond the success in their venture, Christy and Jeff have been founders who also consistently give back to the community by sharing the lessons from this journey and being available to support their fellow founders.”

Learn more about this funding round and QuickFacts by visiting their website.