Vancouver Startup Expands with Major Funding
Vancouver’s thriving tech landscape just saw another milestone—Quandri, a local innovator specializing in artificial intelligence for insurance agencies, has successfully closed a $12 million funding round. This strategic investment marks a significant boost for the company’s growth both in Canada and beyond.
What Does Quandri Do?
Founded in 2021 by brothers Jackson and Jamieson Fregeau, Quandri develops AI-driven solutions to streamline the insurance renewal process. Their platform empowers brokerages and agencies to:
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Automate repetitive workflows: Reducing manual entry and time-consuming tasks
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Unlock actionable insights: Identifying potential client risks, upsell opportunities, and customer retention signals
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Drive efficiency: Helping more than 100 insurance clients achieve operational improvements in daily processes
With a current team of 85, Quandri has quickly established itself as a go-to resource for insurance professionals looking to modernize and scale.
Investment and Expansion
The latest infusion of $12 million brings the company’s total funds raised to $20 million since inception. Leading the round is Toronto-based Framework Venture Partners, with major contributions from FUSE (Bellevue, Washington), Defined Capital, and Intact Ventures.
On the heels of this funding victory, Quandri is preparing to expand its footprint with a new office opening in Boston—a strategic move to support its growing North American customer base.
Looking Ahead
As digital transformation sweeps the insurance industry, Quandri’s AI-driven automation positions it at the forefront of innovation. With fresh capital and ambitious expansion plans, the company is poised to shape the future of insurance technology in both Canada and the U.S.
Stay tuned for more updates as Quandri continues its impressive journey of growth and industry impact.
