Anthony R. O’Donnell // October 8, 2025 
(Image source: QuoteWell homepage.)
QuoteWell (Austin, Texas), a wholesale insurance brokerage focused on commercial risks, has raised an additional $12 million in financing to expand its market reach and accelerate development of its AI-powered platform. The funding brings the company’s total capital raised to $32 million.
The round was led by New Enterprise Associates, with participation from new investors Brand Foundry Ventures and ClockTower Ventures. Existing investors Goldcrest Capital and Floating Point also joined, along with several angel investors.