Company · Insurtech

Foliume

foliume.com ↗ ·Madrid ·Seed

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).

Founded

2022

Founders

News

Rounds

Investors

SectorsInsurtech, Artificial Intelligence, Insurance Distribution Technology Start-up MapInsurtech › Insurance distribution & tools

Profile updated 30 Jul 2026

Founders

Guillermo Vergara Ferrari

Co-founder & COO

Martín Fagioli

Co-founder & CEO

Global models 5

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

Vertafore

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

Tarmika

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

Bold 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

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

Investors 3

Pitchdrive

www.pitchdrive.com ↗

Investor Belgium

TinySeed

tinyseed.com ↗

Investor United States

Íope Ventures

www.wayra.com/iope-ventures

Investor Spain

Funding rounds 1

Seed · €908K

Insurtech Foliume closed a seed round of €908,525 (reported by the investors as roughly $1M) co-led by Íope Ventures — the joint investment …

2025-04-03

News & media 3

Published	Article
2025-05-29	Foliume Raises $1M to Cut Insurance Quoting Time by 90% with Purpose-Built AI ↗ LatamList
2024-01-17	Foliume lanza la evolución 2.0 de su producto, posicionamiento e imagen ↗ SegurosNews
2023-05-04	The 20 Startups Accepted to TinySeed's Spring 2023 Accelerator Programs ↗ TinySeed