What is Xilo?
Xilo operates as a comprehensive Workflow Automation Platform, providing essential integrations, customer-facing portals, and automation capabilities. Its core function is to streamline and modernize the quoting process specifically for insurance agencies, addressing a critical need for efficiency and digital transformation within the sector. The platform aims to consolidate disparate systems and manual workflows into a cohesive, automated solution, thereby enhancing productivity and customer experience for its clients.
How much funding has Xilo raised?
Xilo has raised a total of $7.2M across 1 funding round:
Series A
$7.2M
Series A (2025): $7.2M with participation from Altos Ventures, Splash Capital, Navigate Ventures, and New Stack Ventures
Key Investors in Xilo
Altos Ventures
Altos Ventures is a Silicon Valley-based venture capital firm that invests in early to growth-stage technology companies in both consumer and enterprise sectors. Founded in 1996, the firm typically serves as the first institutional investor and supports portfolio companies over the long term, managing several billion dollars in regulatory assets under management.
Splash Capital
Splash Capital specializes in providing funding solutions for startups. The company aims to support emerging businesses in their growth and development phases. Their services are tailored to meet the financial needs of innovative entrepreneurs. Splash Capital is dedicated to fostering the startup ecosystem by empowering new ventures with the necessary capital.
Navigate Ventures
Navigate Ventures specializes in investing in top B2B Enterprise SaaS companies, particularly those that are AI-enabled and located outside Silicon Valley. The firm focuses on early to mid-growth stages, providing a risk-mitigated strategy that accelerates growth and secures institutional capital.
What's next for Xilo?
The recent major strategic investment in Xilo signals a strong validation of its market position and growth potential within the insurance technology sector. This influx of capital, contributing to the overall $7.2M, is likely to fuel further product development, expansion of its integration ecosystem, and scaling of its sales and marketing efforts. The company is poised to deepen its penetration in the insurance agency market, potentially exploring new verticals or enhancing its AI-driven automation capabilities to maintain its competitive edge and drive further innovation in workflow solutions.
See full Xilo company page
