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InsurTech Company — Xilo raises a $2M Seed Round Led by New Stack Ventures

· Portfolio Company,New Investment

Xilo has created a tool that empowers insurance agents to close more business. The existing quoting process can take weeks due to redundant, paper forms and coordination between many systems. Xilo's smart form syste allows data entry to the cloud and delivers immediate quotes. This takes the close process from weeks down to minutes. Their solution is the perfect wedge into a much bigger insurance tech stack.