Advocate Technologies Emerges With $18M
2026-08-04
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NEW YORK, NY, Advocate Technologies, the commercial insurance benchmarking platform, today announced its public launch after operating in stealth since 2020.
The company has raised $18 million in seed funding from Vestigo Ventures, Brewer Lane, MetaProp, and select family offices, and is introducing the industry's first standardized pricing and coverage benchmarks for commercial insurance.
Advocate Technologies built the commercial insurance industry's first standardized pricing and coverage benchmark platform. Headquartered in New York City, with offices in Prague and Athens, the company was founded in 2020 by CEO Ashwin Agarwal and CTO Dimitris Psaropoulos. Advocate's Market Terminal gives independent brokers, commercial lenders, loan servicers, and commercial property owners real-time access to pricing benchmarks and coverage quality comparisons across their portfolios, tracking insurance compliance across more than $1.3 trillion in commercial real estate assets. Additional information is available at advocate.app.
Advocate Technologies built the commercial insurance industry's first standardized pricing and coverage benchmark platform. Headquartered in New York City, with offices in Prague and Athens, the company was founded in 2020 by CEO Ashwin Agarwal and CTO Dimitris Psaropoulos. Advocate's Market Terminal gives independent brokers, commercial lenders, loan servicers, and commercial property owners real-time access to pricing benchmarks and coverage quality comparisons across their portfolios, tracking insurance compliance across more than $1.3 trillion in commercial real estate assets. Additional information is available at advocate.app.
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