EverQuote, Inc. Announces New Board Member on Heels of $36M Series B - Insurance News | InsuranceNewsNet

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February 22, 2017 Newswires
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EverQuote, Inc. Announces New Board Member on Heels of $36M Series B

PR Newswire

CAMBRIDGE, Mass., Feb. 22, 2017 /PRNewswire/ -- EverQuote, Inc., the leading online insurance marketplace in the U.S., is pleased to announce the appointment of Mira Wilczek to its Board of Directors. Mira is the President and CEO of venture incubator Cogo Labs, which has spawned 15 companies. Mira brings an impressive background as a technologist, entrepreneur, and startup advisor.

"We are excited to welcome Mira Wilczek to our board and appreciate the invaluable insight she will bring to our rapidly growing marketplace," said CEO Seth Birnbaum. "Mira comes to us from the same incubator EverQuote sprung from and understands how we operate and where we are headed as a company."

This announcement follows EverQuote's $36M Series B funding round. The company received investments from Stratim Capital, Savano Capital Partners, Oceanic Partners, T Capital Partners, SecondAlpha and Link Ventures. Those new funds will be used to rapidly accelerate EverQuote's growth into the leading personal risk marketplace. Since the funding was announced, the company increased its workforce to over 200 employees and opened a second office in Woburn, MA. EverQuote will look to hire another eighty employees by 2018 and expand its presence in home and life insurance.

"EverQuote is one of the fastest growing startups in Boston history with a culture that is famous for being productive and fun at the same time," said Mira Wilczek. "It's a great fit for my view of a well managed high tech startup and I'm grateful for the opportunity to help it accelerate further."

Mira Wilczek is a big data and machine learning expert and a Senior Partner at Link Ventures. Prior to Cogo Labs she was Founder and CEO at Red Panda Security, Principal Investigator under the DARPA CFT program, and Director of Business Development at Lyric Semiconductor, where she garnered industry recognition including TR50, Silicon 60, and an EE Times ACE Award and led the successful sale of the company to Analog Devices.

Mira also holds patents both granted and pending in the fields of cyber security and sensor data fusion. She has an S.B. in Electrical Engineering and Computer Science from MIT and an MBA from MIT Sloan. She will replace Dr. Jonathan Shapiro, who joined EverQuote in the position of Chief Scientific Officer.

About EverQuote
Founded in 2011, EverQuote, Inc. operates the largest online insurance marketplace. The company's data & technology platform unites drivers with agents and carriers to deliver great rates and coverage while maximizing policies sold for insurance providers. EverQuote was founded with the vision of applying a scientific, data-driven approach to help consumers find the best price and coverage for their individual insurance needs while driving down costs for insurance providers. For more information, visit EverQuote.com and follow on Twitter @EverQuoteInsure.

Contact: Ryan Ruffing617-206-6561
rruffing@everquote.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/everquote-inc-announces-new-board-member-on-heels-of-36m-series-b-300411258.html

SOURCE EverQuote, Inc.

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