What Semsee does

Semsee Corp. is a New York-based insurtech founded in 2017 that operates a cloud-based SaaS platform enabling independent insurance agents to quote and place small commercial insurance across multiple carriers from a single submission. The platform is built on Elixir, integrates with more than 40 insurance carrier systems (including Chubb, Liberty Mutual, Nationwide, Travelers, CNA, AmTrust, Acuity, Auto-Owners and At Bay) via APIs and ACORD-form workflows, and layers AI features such as Agent Intelligence™ (document-to-submission extraction, launched December 2025), the AI NAICS Classification Tool, and a real-time Appetite Checker on top of the quoting workflow.

The company monetizes through three subscription tiers — a free Essential tier providing access to Semsee-appointed carriers and basic quoting tools, a Professional tier at $50 per user per month that unlocks direct-appointed carrier quoting plus the NAICS and Class Code Finder tools, and a custom-priced Enterprise tier that delivers branded/white-label platform deployment with an underwriting dashboard to carriers, MGAs and large agency networks. Distribution is hybrid: a product-led growth motion with self-serve online signup for SMB agents, complemented by direct enterprise sales for white-label deals and a wholesale/aggregator channel. As of February 2022 the platform connected 5,000+ agents and had reported 400% year-over-year growth in agents and carriers.

Following a Series B round in February 2022 led by 01 Advisors (with D. E. Shaw group and advisor Jonathon Crystal), Semsee was acquired by iBynd on March 24, 2026 in a deal financed by Adir Ventures Group, combining Semsee's submission-management workflow with iBynd's real-time infrastructure to form an end-to-end digital distribution platform for commercial insurance spanning submission, quoting, binding, and policy servicing. The company is led by CEO Fabio Salim, with co-founder Philip Charles-Pierre as Chief Product Officer and Hadas Ashur as Chief Operating Officer, and operates with 11–50 employees.

Name

Semsee

Legal name

Semsee Corp.

Website

https://semsee.com

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

11–50 employees

Short description

Semsee is a cloud-based SaaS platform founded in 2017 that lets independent insurance agents quote and bind small commercial insurance across 40+ carriers from a single submission, serving agents, carriers, MGAs, and agency networks via freemium, Professional, and Enterprise/white-label tiers.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription SaaS: Monthly or annual subscription fees for platform access with tiered pricing (Essential free, Professional $50/user/month, Enterprise custom). Subscriptions automatically renew unless cancelled 1 business day before renewal. Revenue is recurring from independent insurance agents and agencies.
2. White-label/Enterprise Licensing: Enterprise tier offering branded/white-labeled platform deployment for carriers, MGAs, and large agencies, sold as custom contracts.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Semsee is a cloud-based SaaS platform that enables independent insurance agents to quote small commercial insurance by submitting a single application to multiple carriers simultaneously. The platform aggregates 40+ insurance carriers, automates ACORD form handling, and uses AI to extract structured submission data from uploaded documents. It is offered via tiered subscription (Essential free, Professional $50/user/month, Enterprise custom) and as a white-label platform for carriers and MGAs.

Product overview

Semsee is a cloud-based Platform as a Service (PaaS) for small commercial insurance distribution. The core Semsee Platform serves as a comparative rater enabling agents to submit a single application to multiple carriers simultaneously. The product portfolio includes three subscription tiers — Essential (free, carrier access), Professional ($50/user/month, with NAICS classification and direct-appointed carrier quoting), and Enterprise (white-labeled platform with underwriting dashboard). Key modules include Semsee Market Access (expanding carrier reach), Agent Intelligence™ (AI-powered document-to-submission processing), Appetite Checker (real-time carrier appetite search), ACORD Upload (form auto-population), NAICS Classification Tool (AI risk classification), and features such as Duplicate Application, Proposal Generator, Wholesale Flow, Class Code Finder, Auto-Fill, Question Flagging, and Advanced Analytics.

Differentiator

Problem solved

Functional benefit

Products and services

• Semsee Platform Cloud-based SaaS platform enabling independent insurance agents to submit a single small commercial insurance application and receive quotes from multiple carriers simultaneously. Includes ACORD form automation, AI-powered risk classification, real-time appetite checking, and bind-in-place workflows. Used by licensed independent insurance agents and brokers.
• Semsee Market Access

Quantifiable outcome

• 400% growth in agents and carriers in one year (reported Feb 2022)
• +2 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature14 records

Partnerships

Three partnerships are on record, tiered acquisition (now parent), integration partner and core ecosystem.

• iByndacquisition (now parent)Strategic or Co-development Partner · 24 March 2026iBynd acquired Semsee in March 2026 to combine Semsee's workflow technology with iBynd's real-time infrastructure, creating unified digital infrastructure for commercial insurance distribution from submission through quoting, binding, and policy servicing.
• HawkSoftintegration partnerTechnology or IntegrationSemsee integrates with HawkSoft agency management system, enabling streamlined workflows for agencies using both platforms. Integration reduces data re-entry and improves quoting efficiency.
• 40+ Insurance Carrierscore ecosystemTechnology or IntegrationSemsee connects to over 40 insurance companies (including Acuity, AmTrust, At Bay, Auto-Owners, Chubb, CNA, Liberty Mutual, Nationwide, Travelers, and others) enabling agents to quote multiple markets from a single platform. Carrier integrations include both API-based real-time connections and portal-based workflows.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Bold Penguin: Bold Penguin operates a small commercial insurance marketplace connecting agents to multiple carriers, overlapping with Semsee's value proposition of simplifying multi-carrier commercial submission. Both serve independent agents seeking faster quoting workflows.
• AgentSync: AgentSync provides insurance distribution infrastructure for carrier-agent appointment, licensing, and compliance workflows, overlapping with Semsee in modernizing commercial insurance distribution. Both are emerging insurtech vendors serving carriers and agents.
• CoverWallet (Aon): CoverWallet (acquired by Aon) is a digital commercial insurance platform targeting small business, with overlap on small commercial quoting and carrier aggregation with Semsee. Differentiates by serving end insureds while Semsee serves agents.

Direct peers

• EZLynx (Applied Systems): EZLynx is a comparative rating and agency management platform for independent insurance agents, directly competing with Semsee's multi-carrier commercial quoting value proposition. Both target the same independent agent channel with multi-carrier submission workflows.
• Tarmika: Tarmika is a commercial insurance quoting platform that lets agents submit one application to multiple carriers, mirroring Semsee's SEMCI-inspired single-entry approach. Both compete head-to-head for small commercial insurance distribution workflows.
• HawkSoft: HawkSoft is an agency management system for independent insurance agents with integrated quoting partners, and is already a Semsee integration partner. It competes for the same agent software stack and overlaps on commercial lines workflows.

Broad incumbents

• Vertafore: Vertafore is a large incumbent provider of agency management, comparative rating, and insurance distribution software for independent agents. It overlaps with Semsee in the small commercial quoting workflow space as part of a broader product suite.
• Applied Systems: Applied Systems is the dominant agency management and comparative rating platform vendor for independent insurance agencies in North America, offering EZLynx and broader suites. It competes with Semsee across multi-carrier commercial quoting but as part of a much larger portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SemseeQuotes
• Facebookfacebook.com/SemseeQuotes
• LinkedInlinkedin.com/company/semsee

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds2 records

Investors3 records

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 Semsee