Bindable
White-label insurance marketplace linking carriers, brokers, and brands nationwide.
On the record
Checkpoint: Window closes for Bindable to show a shipped AI feature before rivals' 2026 launches compound
The call
Bindable still runs a licensed, embedded distribution business but has shown no public AI answer while bigger rivals ship AI quoting tools.
Bindable sells software that helps insurance agents find and route customer quotes to the right insurance companies. It has been around for ten years and holds licenses and partnerships that are hard for brand-new competitors to build from scratch, but that legal shield does not stop bigger players like bolttech and Guidewire from entering the same space with AI tools and more money to spend. The company has shown no public sign of shipping its own AI answer to what bolttech and Guidewire launched in May and June 2026, and has not raised fresh capital in eight years; whether Bindable ships an AI feature of its own in the second half of 2026 will likely determine if it stays relevant or gets left behind.
Why
01
AI pressure: bolttech's bolt AI for Agencies and Guidewire's agentic Quote and Buy APIs. Rivals now auto-quote and bind in minutes; Bindable has no public AI quoting or routing tool of its own. Could AI do the core job? Only partly.
02
Bigger players: bolttech ($55B+ quoted premiums, 800+ partners, June 2026 AI launch). bolttech runs at roughly 100x Bindable's scale and just shipped AI quoting; Guidewire is pushing agentic APIs straight to carriers. Could a giant copy it? Probably.
03
What protects it. 50-state licensing, 30+ carrier appointments, and embedded partner integrations that took years to build.
What would change this call
Bindable announces a shipped AI quoting or routing feature by end of 2026. Shows Bindable can match bolttech and Guidewire's AI push instead of falling behind.
Bindable discloses a new equity funding round after 8 years without one. Shows investors still back its growth versus larger AI-equipped rivals.
Porch Group or ARAG shift distribution volume to a competing AI quoting platform. Would show Bindable losing embedded partners to bolttech or Guidewire-based systems.
Bindable discloses a new equity funding round after 8 years without one. Shows investors still back its growth versus larger AI-equipped rivals.
Porch Group or ARAG shift distribution volume to a competing AI quoting platform. Would show Bindable losing embedded partners to bolttech or Guidewire-based systems.
Key numbers
- Est. revenue ~$10.7M
- No new equity since Nov 2018 round
- bolttech claims 67% faster quoting, shipped
Named risks
- No shipped AI quoting feature while bolttech and Guidewire launched competing tools in May-June 2026.
- No fresh equity capital since November 2018, limiting ability to fund AI development or scale.
- Subscale relative to rivals: ~$10.7M estimated revenue and 55-59 employees vs bolttech's 800+ partners.
- Reliance on third-party estimates (Datanyze, PitchBook) with no independently audited financials.
- Dependence on partner relationships (Porch, ARAG) that could shift volume to AI-native competitor platforms.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| bolttech | losing to | Launched 'bolt AI for Agencies' AI quoting tool June 2026; ~$55B+ quoted premiums vs Bindable's ~$10.7M revenue |
| Guidewire | losing to | Shipped agentic Quote and Buy APIs for carriers May 2026, targeting same quote-to-bind niche |
| Porch Group | contesting | Simultaneously a Bindable distribution partner (Jun 2025) and a larger public rival in home insurance tech |
| KASKO | gaining on | Vendor-claimed LLM-powered frontend builder for quote-and-bind, per CB Insights profile |
Questions people ask
- Is Bindable profitable in 2026?
- No public profitability data exists for Bindable. Datanyze estimates its 2026 revenue at roughly $10.7M with 55 to 59 employees, but the company has not disclosed profit figures and has raised no new equity since a November 2018 round from EPIC, Motive Partners, and Wafra.
- Who owns Bindable?
- Bindable is privately held. Its last disclosed investment came in November 2018, led by EPIC Holdings and a Wafra-advised fund alongside Motive Partners. PitchBook also lists Swiss Re's iptiQ as an investor. No subsequent funding rounds or ownership changes have been publicly reported.
- Could AI replace Bindable's insurance marketplace?
- Bindable's core quote-matching and routing function is directly targeted by rivals: bolttech launched 'bolt AI for Agencies' in June 2026 claiming up to 67% faster quoting, and Guidewire shipped agentic Quote and Buy APIs in May 2026. Bindable has no public AI feature as of mid-2026.
- Who is Bindable's biggest competitor?
- bolttech is Bindable's largest rival, reportedly exceeding $55B in quoted premiums with 800+ partners and 200+ insurers by 2025 (company estimate), versus Bindable's roughly $10.7M estimated revenue and 30+ carrier integrations as of 2026.
- Has Bindable raised new funding recently?
- No. Bindable's last disclosed equity round was in November 2018 (EPIC, Motive Partners, Wafra). The only subsequent tracked funding event was a $680K Paycheck Protection Program loan in May 2020, per CB Insights, indicating an eight-year gap in fresh growth capital as of 2026.
- What does Bindable actually do?
- Bindable operates a white-label 'Insurance-as-a-Service' platform: digital insurance marketplaces, embedded-insurance APIs, and an agent CRM/rater called Policy Crusher, plus a 50-state licensed digital agency (MassDrive) with direct appointments at 30+ carriers, serving brands like Porch Group and ARAG as of 2025-2026.
Timeline
- 2026-07-09HomeBinder (InspectionGo) launches home-insurance shopping powered by Bindable
- 2026-06-23Rival bolttech launches 'bolt AI for Agencies' AI quoting tool
- 2026-05-12Rival Guidewire ships agentic Quote and Buy APIs for carriers
- 2025-08-28ARAG partners with Bindable to launch 'Legal Now' legal-insurance plan
- 2025-06-03Bindable subsidiary MassDrive partners with Porch Group to distribute home insurance
- 2024-11-21Bindable adds Recoop Disaster Insurance multi-peril coverage to platform
- 2024-10-30Bindable launches turnkey virtual agency product for non-insurance brands
- 2020-05-02Bindable receives $680K Paycheck Protection Program loan
- 2018-11-27Bindable receives investment led by EPIC Holdings, Motive Partners, and Wafra
Revision history
23 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- bolt Launches AI for Agencies to Reduce Quoting Time and Improve Bind Rates (2026-06-23)
- How Insurers Can Launch Agentic Quote and Buy Journeys with Guidewire Cloud APIs (2026-05-12)
- Bindable announces investment round led by EPIC, Motive Partners and Wafra (2018-11-27)
- Bindable Stock Price, Funding, Valuation, Revenue & Financial Statements (2020-05-02)
- Management and Employees List
- Bindable 2026 Company Profile
- Bindable Revenue, Funding & Valuation
- Bindable®
- Products, Competitors, Financials, Employees, Headquarters Locations (2025-10-07)
- ARAG partners with Bindable to launch Legal Now plan (2025-08-28)
- Bindable Bolsters its Portfolio with Recoop Disaster Insurance (2024-11-21)
- Porch Group Announces New Insurance Agency Partnerships (2025-06-03)