Sproutr, a rising force in insurance product development, has secured a fresh round of seed funding to accelerate its mission: reshaping how property and casualty (P&C) insurance programs are brought to market. The round was led by Altai Ventures, a top-tier fintech VC firm known for backing early-stage innovation in financial services.
Founded by seasoned insurance operators, Sproutr was created to close a persistent gap in the industry—the disconnect between product innovation and real-world execution. While many firms have bold ideas, few can bring them to life efficiently. That’s where Sproutr steps in.
The firm partners with MGAs, MGUs, program administrators, and carriers to simplify the often tangled regulatory maze that slows down product launches. Instead of navigating complex filings, fragmented workflows, and siloed teams on their own, clients turn to Sproutr to fast-track development, from early concept to post-launch audits.
Sproutr’s tech-driven approach combines modern tools with proprietary frameworks, helping clients design, validate, and scale P&C products without falling into the usual traps—delays, compliance risks, or chasing vague business cases. Whether it’s underwriting guidelines, rate filings, or carrier paper strategy, Sproutr delivers clear, outcome-focused support at every step.
A Track Record Built on Execution
In just two and a half years, Sproutr has helped launch over 60 insurance programs and now supports more than 35 clients. Its team includes CUOs, compliance experts, and product managers with over 300 years of combined experience. Clients like Accelerant, Boost, Blitz Insurance, District Cover, Everspan, MGT Insurance Company, and Sertis already rely on Sproutr to get to market faster and smarter.
Sproutr offers hands-on support through all key phases:
- Market validation
- Underwriting and rate development
- Regulatory and compliance filings
- Carrier engagement
- Post-launch audits and optimization
Seeing Beyond: A Founder’s Vision
Sproutr’s founder, a veteran of AIG, Hippo, Hanover, and Attune, knows the struggles of bringing insurance ideas to life—even with access to capital, paper, and underwriting capacity. That’s why he built Sproutr to offer pragmatic, cost-effective support rooted in real program-building experience. This ethos, called “Seeing Beyond,” drives the firm’s people-first, tech-powered approach.
Commenting on the investment, Altai Ventures managing partner Oleg Ilichev praised Sproutr’s blend of insurance expertise and modern workflow design, calling it essential to defining the promises insurers make to policyholders.
Accelerant’s President, Mike McAuliffe, echoed that sentiment, saying Sproutr shares their commitment to building meaningful, agile insurance solutions centered on market needs.
With new capital in hand and a growing customer base, Sproutr is poised to become the go-to partner for innovators looking to reshape insurance from the inside out.
