Sandpiper Ventures invests in insurance SaaS platform QuickFacts

• QuickFacts’ SaaS platform organizes insurance brokerage’s personal lines information and presents it on a single search-engine platform
• Its software is currently being used in brokerages across Atlantic Canada an Ontario
• Christy Silvestri, a former insurance broker, serves as president and CEO of QuickFacts

Sandpiper Ventures has invested in QuickFacts, a Bedford, Nova Scotia-based software platform designed to improve business operations and efficiencies of insurance brokerages. No financial terms were disclosed.

QuickFacts’ SaaS platform organizes insurance brokerage’s personal lines information and presents it on a single search-engine platform for their team. This software compares multiple insurance carriers side-by-side, reducing search time by 10x-20x, facilitating operational workflows across departments, and drastically improving broker productivity and training time.

The startup’s software is presently being used in brokerages across Atlantic Canada and Ontario, with plans to expand into Western Canada.

“QuickFacts is thinking about the growth trajectory for the insurance industry of tomorrow. Within that growth, efficiencies are required so customers will have a seamless and productive relationship with their insurance broker as need rises and patience wanes,” explains Sarah Young, co-founder and managing partner, Sandpiper Ventures, in a statement.

Christy Silvestri serves as president and CEO of QuickFacts. She was an insurance broker for 17 years and managed operations for the first Atlantic Canada all-digital brokerage.

Halifax-based venture capital firm Sandpiper invests exclusively in women-led Canadian technology companies. Opportunities must have at least one woman in a C-level position with meaningful ownership. The firm closed its inaugural fund at C$20 million in August 2022.