What Synchrono Group does

Synchrono Group, Inc. (DBA SynchronoSure) is a private, Delaware-incorporated insurance technology and distribution company headquartered in Raleigh, North Carolina. Founded in 2019, the company operates a direct-to-consumer insurance comparison platform at synchronosure.com that connects individual consumers in the United States with licensed insurance agents who provide instant quotes for auto, home, and health insurance across multiple carriers. The platform combines a self-serve web interface with 24/7 phone-based licensed-agent support, positioning itself as a guided-comparison experience rather than a purely self-service aggregator.

The underlying technology is described as an "AI digital underwriting platform," though the public material does not disclose proprietary models, data assets, or APIs. The company's product surface spans three personal lines — auto insurance, home insurance, and health insurance — with bundled-policy discounts marketed as saving consumers up to 40%. Dedicated phone lines for auto (833-498-1406) and home (833-502-4269) drive bottom-of-funnel conversion through licensed agents.

Synchrono Group generates revenue on an affiliate-referral basis: it receives commissions from insurance carriers when customers purchase policies through its platform. The company has no publicly disclosed pricing or contract structure, consistent with a commission-only model where consumer pricing is set by carriers. The company has raised approximately $15.8 million across four rounds from 2020 to 2023, with the largest disclosed raise (~$7M) filed via SEC Form D in March 2022. It employs 11-50 people and is led by founder/CEO Steven Hartman, supported by a Chief Actuarial & Analytics Officer and a combined CFO/COO.

Name

Synchrono Group

Legal name

Synchrono Group, Inc.

Website

https://synchronosure.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Synchrono Group is a Raleigh-based insurance technology company that runs SynchronoSure, a direct-to-consumer comparison platform connecting U.S. consumers with licensed agents for instant auto, home, and health insurance quotes, earning revenue through carrier commissions.

Ownership category

akta.pro rank

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. Insurance Commission Revenue: The company generates revenue through commissions paid by insurance carriers when customers purchase policies through the comparison platform. Licensed agents facilitate transactions and receive compensation from carrier partners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Synchrono Group operates SynchronoSure, a direct-to-consumer insurance comparison platform that connects individual consumers with licensed agents to obtain instant quotes from multiple carriers for auto, home, and health insurance. The platform aggregates multiple carriers to enable side-by-side comparison and policy bundling, with licensed agents available 24/7 via dedicated phone lines to facilitate quote generation and policy selection.

Product overview

Synchrono Group operates synchronosure.com, an insurance comparison platform that connects consumers with licensed agents to provide instant quotes for Auto, Home, and Health Insurance. The platform aggregates multiple insurance carriers, enabling users to compare quotes and bundle policies to save up to 40%. The core offerings consist of Auto Insurance and Home Insurance products, delivered through licensed agents available 24/7 via phone.

Differentiator

Problem solved

Functional benefit

Products and services

• Auto Insurance Auto insurance coverage providing liability and collision protection for vehicles, with quotes from multiple carriers available through the comparison platform and licensed agent support via phone (833-498-1406). Designed for individual consumers seeking competitive auto insurance rates.
• Home Insurance Home insurance coverage offering property and liability protection with flexible coverage options, fast claim processing, and available discounts. Quotes from multiple carriers provided through licensed agents via phone (833-502-4269) for individual consumers.
• Health Insurance Health insurance policy comparison and acquisition through licensed agents, enabling individual consumers to compare health insurance options from multiple carriers as part of the SynchronoSure platform's bundled offerings.

Quantifiable outcome

• Customers can save up to 40% on insurance premiums

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Policygenius: Direct competitor offering an online insurance comparison platform with licensed agent support, covering life, home, auto, and disability insurance. Highly comparable business model of digital aggregation + licensed agent sales.
• The Zebra: Insurance comparison marketplace focused primarily on auto and home insurance, allowing consumers to compare multiple carrier quotes. Directly competitive with Synchrono Group's core product offering and target customer.
• SelectQuote: Direct-to-consumer insurance distribution platform using licensed agents to sell primarily life and health insurance, with auto/home adjacencies. Comparable in agent-led, phone-driven insurance sales motion.
• EverQuote: Online insurance marketplace that connects consumers with insurance carriers and agents across auto, home, and life. Operates a similar multi-carrier lead-generation and comparison model with consumer-facing digital interface.
• Insurify: AI-powered insurance comparison platform focused on auto and home insurance. Comparable aggregator business model with similar target customer and carrier-comparison approach.
• Gabi: Online insurance comparison platform focused on auto and home insurance that finds savings for existing policyholders. Comparable customer-acquisition motion and product focus on the same lines Synchrono Group sells.
• SmartFinancial: Insurance comparison platform operating a network of captive and independent agents to deliver auto, home, and commercial insurance quotes. Closely comparable agent-driven comparison model in the same consumer insurance space.
• QuoteWizard: Insurance comparison marketplace (acquired by LendingTree) connecting auto, home, and health insurance shoppers with carriers and agents. Comparable aggregator model with multi-product focus and agent-assisted conversion.

Broad incumbents

• Lemonade: Direct-to-consumer InsurTech offering renters, home, auto, pet, and life insurance with a digital-first, AI-driven experience. Represents the broader incumbent threat of direct carriers bypassing aggregators.

Emerging players

• CoverWallet: Digital insurance platform focused on small business insurance (acquired by Aon). Comparable digital comparison-plus-agent model, though focused on commercial rather than personal lines, with adjacent target customer (small businesses).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/synchronosure
• Facebookfacebook.com/synchronosure

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synchrono Group