Advocate Logo
Financial Services · Property & Casualty Insurance
$18.2Mlatest round · Venture round · Oct 2020 · 6 yr ago
2backers · Brewer Lane Ventures, Metaprop
50+team · employees, estimated range
2020founded
Overview
Benchmark every policy against live market data, automate servicing, and close coverage gaps. Start with 14 days of Premium, free and without a credit card.
Funding and backers
Total raised
$18.2M
1 round on record
Latest round
$18.2M
Venture round · Oct 2020 · 6 yr ago
Team
51-200
employees, estimated range
Backers
2
Brewer Lane Ventures, Metaprop
The money's age
Long since its last round
72 months since the last round · not hiring
Momentum
15/100
in the news
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Tractionpublic signals, read monthly
Web presence
top 52%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Oct 2020 | $18.2M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Advocate, Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Donald DeSantisExecutive Officer, DirectorSEC Form D
Brandon WeberExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials
Total raised
$18.2M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2020 | $18.2M | Details |
People
Donald DeSantis
Executive Officer, Director
Brandon Weber
Executive Officer, Director
Kareem Zaki
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Brewer Lane VenturesVia a fund
MetapropVia a fund
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Data opacity, not risk, is driving prices too high: Advocate CEO
Insurtechs have a major opportunity to address the industry's lack of data transparency, according to Ashwin Agarwal. "Whoever builds that trusted, transparent pricing layer first sets the terms for the entire industry."
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Report
The AlleyWatch Startup Daily Funding Report: 8/5/2026
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/5/2026 featuring funding details for Advocate Technologies, Pinegap, and much more.
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Report
Advocate Technologies Emerges From Stealth with Commercial Insurance Industry
/PRNewswire/ -- Advocate Technologies, the commercial insurance benchmarking platform, today announced its public launch after operating in stealth since 2020....
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Report
Axios Pro: Fintech Deals Advocate raises 18M for commercial insurance data Ryan Lawler broke the round exclusively on August 4: how Advocate converts policies into standardized data, why the company stayed in stealth until it had enough policy volume, and the move toward self-service access.
The benchmarks this round is funding are free to try. Enter a premium and see where it lands against real comparable placements from the data network.
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Report
FinSMEs Advocate Technologies Raises 18M in Seed Funding
Advocate raises 18M seed to open up commercial insurance data
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Report
Advocate Technologies Emerges With $18M
NEW YORK, NY, Advocate Technologies, the commercial insurance benchmarking platform, today announced its public launch after operating in stealth since 2020.
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Report
citybiz Advocate Technologies Launches With 18 Million to Bring Transparency to Commercial Insurance The most complete standalone writeup outside the exclusive: the network-effect thesis, the 1.3 trillion compliance footprint, and the Advocate Insurance Desk.
Covered the launch on the morning of August 4 for a reinsurance and specialty audience.
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Report
TipRanks Advocate Technologies Emphasizes Benchmark-Driven Accuracy in Insurance AI Published the week after launch, covering David Haddad on why accuracy claims in insurance AI have to be measured against a defined benchmark.
The data network compounds. Every broker, lender, risk manager, and owner who benchmarks a policy in Market Terminal expands the underlying dataset , which sharpens pricing and coverage insight for everyone using it.
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Report
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
New York
United States
HQ
Advocate
50-200 est. staff
New York