Vancouver startup Quandri has secured $16.5 million CAD ($12 million USD) in Series A+ funding to scale its AI-powered platform for automating insurance renewal workflows.
The round was led by Framework Venture Partners, with participation from Intact Ventures, Defined Capital, and Fuse.
Founded in 2021 by brothers Jamieson and Jackson Fregeau, Quandri helps insurance brokers and agents reduce repetitive policy servicing tasks and boost efficiency using artificial intelligence. Since launching in the U.S. in late 2024, the company has doubled or tripled its growth quarter over quarter and now serves over 100 agencies across North America—including Brokerlink, Western Financial Group, and BlueRidge Risk Partners.
AI-powered automation and personalized outreach
Quandri’s software automates policy and renewal reviews, requoting, and client engagement. It analyzes personal lines insurance data to generate market-based quotes and packages them into tailored outreach emails for brokers to send to customers. According to the company, this has helped clients increase customer retention and uncover new upselling and cross-selling opportunities.
“Quandri is solving a massive pain point in a legacy industry,” said Ajay Gopal, Partner at Framework, who is also joining the startup’s board. Intact Ventures’ Justin Smith-Lorenzetti added that the firm believes in Quandri’s “immense opportunity” to modernize insurance workflows.
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Hiring spree and U.S. footprint
To support its expansion, the company plans to hire 40 more people by the end of 2025 and will open a 15,000 sq. ft. headquarters in Vancouver. It’s also establishing a Boston hub to support its growing U.S. client base and strengthen East Coast operations.
With this latest round, Quandri’s total funding now stands at $22 million USD. The startup aims to be the go-to AI solution for brokerages seeking to streamline renewals, improve efficiency, and elevate client engagement across the insurance sector.
