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GloveBox Receives $3M Early-Stage Investment to Accelerate Growth of Its Mobile and Web Insurance Agent Platform


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DENVER, March 12, 2021 /PRNewswire/
 GloveBox, a single sign-on mobile platform that brings together insurance agencies, policyholders, and carriers onto one platform, today announced a $3 million early-stage investment. The round was led by Mercato Partner s Prelude Fund, with participation from Heffernan Insurance Brokers, a top 20 agency out of California, as well as other industry veterans. The investment will be used to expand features and enhance the functionality of GloveBox s product, benefiting both agencies and policyholders.
Co-founders Ryan and Andy Mathisen, Sean Mulhern, and Alex Rolex created GloveBox based on their experiences at Colorado Insurance. They set out to provide a completely tech-forward mobile marketplace that enables independent agencies to win against larger, incumbent carriers. ....

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Mercato Partners' Prelude Venture Fund Leads $3M Early-Stage Investment in GloveBox to Accelerate Growth of Its Mobile Insurtech Marketplace


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SALT LAKE CITY, March 12, 2021 /PRNewswire/  Prelude, the venture fund at Mercato Partners, today announced leading a $3 million early investment round for GloveBox, an innovator in the mobile insurtech marketplace. Additional participants in the round include Heffernan Insurance Brokers, a top 20 agency out of California, and other industry partners.  The investment will enhance and expand the platform for both agencies and policyholders.
We re excited to partner with GloveBox because of their ability to solve a complicated problem in the insurance industry, said Zach Sivertson, managing director at Prelude. The GloveBox team understood the challenges facing this market and, from their experience, built a platform that elegantly solves the problems facing the 36,000 independent agencies and their clients. ....

United States , Ryan Mathisen , Sean Mulhern , Zach Sivertson , Andy Mathisen , Mercato Partners , Heffernan Insurance Brokers , Alex Rolex , ஒன்றுபட்டது மாநிலங்களில் , ரியான் மதிசேன் , சீன் முல்ஹெர்ன் , ஆண்டி மதிசேன் , மெர்கடோ கூட்டாளர்கள் , ஹெஃபர்னன் காப்பீடு தரகர்கள் , அலெக்ஸ் ரோலக்ஸ் ,