Foliume is a Madrid-based AI platform that automates operations for insurance brokerages, carriers, agencies, and bancassurance organizations, covering quoting, policy onboarding, renewals, and cross-selling via AI assistants, a unified communications inbox, and voice agents. Founded in 2022, it serves 110+ companies and claims up to a 90% reduction in manual processing time. It has raised a Pre-Seed round backed by TinySeed and a Seed round led by Pitchdrive with participation from Íope Ventures (Wayra/Telefónica Seguros).
SectorsInsurtech, Artificial Intelligence, Insurance Distribution Technology
Start-up MapInsurtech › Insurance distribution & tools
Founders
G
Guillermo Vergara Ferrari
Co-founder & COO
M
Martín Fagioli
Co-founder & CEO
Global models 5
A
Applied Systems
United States · www.appliedsystems.com ↗
Leading agency/broker management platform automating insurance distribution workflows, the closest large-scale analogue to Foliume's broker automation model.
$3B+ (PE-backed)Comparable
VVertafore
United States · www.vertafore.com ↗
Provides software automating quoting, policy management, and renewals for insurance agencies and carriers, similar to Foliume's core workflow automation.
$2B+ (PE-backed)Comparable
TTarmika
United States · www.tarmika.com ↗
AI-driven commercial insurance quoting automation for agents and brokers, directly comparable to Foliume's quoting/re-pricing automation.
$60MComparable
BBold Penguin
United States · www.boldpenguin.com ↗
Digital platform automating commercial insurance quoting and distribution for agents and carriers, similar target customers to Foliume.
$120M+Comparable
S
Send
United States · www.sendtechnology.com ↗
AI-powered claims and underwriting automation for insurance carriers, paralleling Foliume's AI-driven operations automation for the insurance value chain.
$50M+Comparable
In the same niche 4 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 3
Open as list →
Funding rounds 2
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2025-04-03 | Seed | €908K |
Pitchdrive
+1 more
|
| 2023-05-09 | Pre-seed (estimated) | €270K | TinySeed |
News 3
Open as list →| Published | Article |
|---|---|
| 2025-05-29 |
Foliume Raises $1M to Cut Insurance Quoting Time by 90% with Purpose-Built AI ↗
LatamList
2025-05-29 |
| 2024-01-17 |
Foliume lanza la evolución 2.0 de su producto, posicionamiento e imagen ↗
SegurosNews
2024-01-17 |
| 2023-05-04 |
The 20 Startups Accepted to TinySeed's Spring 2023 Accelerator Programs ↗
TinySeed
2023-05-04 |