Equal Parts raises $23m to expand insurance platform

US-based security level Equal Parts has secured $23m successful Series A backing to standard operations and prosecute bureau acquisitions.

The circular was led by Inspired Capital and is intended to enactment the company’s plans to acquisition autarkic agencies, heighten its proprietary exertion and grow into caller regions.

Alongside Inspired Capital, the circular included information from Equal Ventures, Max Ventures, Genius Ventures and lending partners.

This brings the full acquisition superior raised by the radical to $50m.

Equal Parts’ plans see acquiring 25 “top-tier agencies” successful 2026 and reaching $1bn successful premiums wrong the adjacent 24 months.

Equal Parts co-founder and CEO Mike Witte said: “This backing allows america to grow our scope arsenic the operating level autarkic bureau owners request and the acquisition spouse they deserve. Half the manufacture is retiring successful the adjacent decade. We let owners to exit without sacrificing their agency’s culture, autonomy oregon client-focused values. Instead we transportation their legacies guardant successful a caller way, with adjacent parts exertion and tradition.”

Founded successful March 2025 by Witte, Mike Meller and Graham Yennie, the institution said agencies it has already acquired person recorded gross maturation of astir 40%.

It besides reported that bottom-line results person improved by adjacent to 50%.

Equal Parts presents itself arsenic an enactment for autarkic bureau owners that mightiness different merchantability to ample firm groups oregon effort to turn without outer backing and exertion support.

The institution said its operating strategy was built to integrate acquisitions, standardise and automate workflows, and grip back-office processes truthful owners tin ore connected lawsuit relationships and sales.

Recent acquisitions completed by the institution see Strategic Insurance successful New Mexico, arsenic good arsenic Austin-based agencies Assurely and Lumen Insurance.

"Equal Parts raises $23m to grow security platform" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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