Vancouver-based Quandri, the AI platform modernizing operations for insurance brokerages and agencies, has raised $16 million in new funding—bringing its total capital raised since launching in 2021 to over $27 million.
The Series A round was led by Framework Venture Partners, with returning investors FUSE and Defined Capital also participating. The round also included a strategic investment from Intact Ventures, the venture arm of one of North America’s largest property and casualty insurance providers.
Recently named one of LinkedIn’s Top Canadian Startups and a Techcouver Startup to Watch in 2025, Quandri plans to use the fresh capital to accelerate its go-to-market strategy, invest further in AI and engineering, and expand operations in Canada and the U.S.
“Quandri is solving a massive pain point in a legacy industry, and they’re doing it with a deep product focus and clear ROI,” said Ajay Gopal, Partner at Framework Venture Partners. “Their plans to scale across North America will ensure this groundbreaking platform reaches thousands more brokerages and agencies.”
Founded by brothers Jackson and Jamieson Fregeau, Quandri’s Renewal Intelligence Platform helps brokerages automate back-office processes, identify actionable policy insights, and deliver a streamlined renewal experience for clients.
“We’re proud to invest in Jackson, Jamieson and the entire team at Quandri,” added Justin Smith-Lorenzetti, Head of Investments at Intact Ventures. “In the new world of AI and automation, Quandri is supporting brokers in delivering top-tier customer experience—something that aligns with Intact’s broader values around being customer-driven.”
Since its previous funding round in 2023, Quandri has grown rapidly—increasing revenue by 15X, growing client based to 100+ across North America, and expanding its team fivefold to 75 full-time employees. Its clients now rely on Quandri to automate policy reviews, streamline requoting, and proactively engage clients, resulting in stronger retention, increased revenue, and improved client experiences.
Looking ahead, Quandri plans to hire over 40 new employees in 2025. The company is also expanding its Vancouver headquarters with a new 15,000-square-foot office and opening a Boston office to support a growing U.S. customer base.
Impressive milestone for Quandri! It’s exciting to see a Canadian startup tackling such a massive challenge in the insurance industry with real innovation. Automating renewals and policy reviews not only boosts efficiency for brokerages but also enhances customer retention—a win-win for the sector. The rapid growth in both clients and team size shows strong market validation, and the expansion into the U.S. is a logical next step. Looking forward to watching Quandri scale even further.