EverQuote Acquires PolicyFuel

August 16, 2021

EverQuote, Inc. (Nasdaq: EVER) has completed its acquisition of PolicyFuel, LLC, a provider of policy-sales-as-a-service (PSaaS) for property and casualty insurers. The acquisition expands EverQuote's direct-to-consumer agency capabilities into P&C PSaaS—adding dedicated advisor teams, complementing call center operations, and opening access to commission-based revenue streams. As part of the integration EverQuote granted inducement equity awards to newly hired employees from PolicyFuel.

Buyers
EverQuote, Inc.
Targets
PolicyFuel, LLC
Industry
Insurance
Location
California, United States
Transaction Type
Buyout

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