SelectQuote

IPO

Unbiased insurance comparison, done for you

Public · Overland Park, United States · Founded 1985 · $350.0M raised

Employees
1001–5000
Founded
1985
Business Model
B2C
Total Funding
$350.0M
Last Round
$350.0M Growth EquityFeb 2025
Rounds
1
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

SelectQuote is a direct-to-consumer distribution platform for selling insurance policies and healthcare services. Founded in 1985 by Charan Singh, the company pioneered direct marketing of Term Life Insurance by providing unbiased price comparisons from highly-rated insurance companies. Their insurance business earns commissions by connecting consumers with insurance carriers providing senior health, life, automobile, and home insurance. In 2021, the company expanded into healthcare services via SelectRx, an accredited pharmacy. SelectQuote went public on NYSE (SLQT) on May 21, 2020.

Summary

SelectQuote is a Financial Services company based in Overland Park, United States, founded in 1985. It has raised $350.0M in total across 1 round, most recently a $350.0M Growth Equity round in Feb 2025. Investors include Bain Capital, Newlight Partners and Morgan Stanley.

Tech & App Stack

5 technologies & apps tracked

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Funding & Exit History

Credit LineVenture RoundJan 2026
$415.0M

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Funding: Growth Equity. Amounts, valuations, and investors where available.

Investors

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