Quandri secures $8.5 million Series A funding to transform insurance process automation

Quandri, a leading innovator in digital robotic process automation, announced today the successful closing of an $8.5 million USD Series A funding round. The investment, spearheaded by FUSE, with contributions from Defined Capital and existing investors such as Aviso Ventures, Rebellion Ventures, N49P, and Good News Ventures, brings the company's total funding to $10 million.

Founded by brothers Jackson and Jamieson Fregeau, Quandri specializes in robotic process automation (RPA) purpose-built for the insurance industry. Their unique approach aims to streamline operations for insurance brokers and agencies, enhancing efficiency and reducing operational costs.

"We are thrilled to have the support of such esteemed investors," said Jackson Fregeau, CEO of Quandri. "This funding will enable us to accelerate the development of our digital workers and expand our market presence, ultimately transforming the way insurance businesses operate."

The new capital will be used to further develop Quandri's RPA technology, expand its team, and scale its operations to meet the growing demand for automation in the insurance sector.

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