# Herald

> Herald builds commercial insurance connectivity and AI placement software for brokerages, wholesalers, carriers, and software platforms. Its unified API, Babbix agent, Placement Workbench, and connected data layer help teams collect submissions, obtain quotes, prepare proposals, and bind and issue policies within existing workflows.

- **Founded:** 2021
- **Headquarters:** New York, United States
- **Founders:** Matt Antoszyk (Co-founder and CEO), Duncan Crystal (Co-founder and CRO)
- **Products:** Unified commercial insurance API, AI-powered email quoting, Batch quoting, Babbix, Intelligent Placement System
- **Notable:** Raised $20 million across the publicly announced 2021 Seed and 2024 Series A rounds., Reported 8 top-25 brokerage customers, 35+ carrier partners, and 80+ insurance products in October 2024., Acquired Babbix in July 2025.

## Products & services

- **Unified commercial insurance API** — Connects broker and software systems to multiple carrier products for quoting, binding, and policy issuance. An MVP launched in January 2022, according to a former product director.
- **AI-powered email quoting** — Extracts information from broker emails and attachments, then requests quotes through carrier connectivity; initially powered in part by Babbix.
- **Batch quoting** — Processes books of business from AMS or CRM data and returns quotes by email, spreadsheet, or system integration; launched with a cyber insurance focus.
- **Babbix** — Acquired email-native AI agent; the 2026 system also describes portal operation, submission email drafting, and quote-data extraction.
- **Intelligent Placement System** — Combines Babbix, a Placement Workbench, and Core Data and Systems to coordinate intake, marketing, quoting, proposals, binding, and issuance.

## Achievements

- Raised $20 million across the publicly announced 2021 Seed and 2024 Series A rounds.
- Reported 8 top-25 brokerage customers, 35+ carrier partners, and 80+ insurance products in October 2024.
- Acquired Babbix in July 2025.
- Joined Guidewire Insurtech Vanguards in July 2026.
- Website states SOC 2 Type II certification and 99.9% uptime; these are company-reported assurances.

## Latest updates

- **2026-07** — Welcomed former USI CIO Stew Gibson to its Advisory Board on July 16.
- **2026-07** — Joined Guidewire Insurtech Vanguards on July 15 and described its three-layer Intelligent Placement System.
- **2026-03** — Published its approach to configurable triage, extraction, and execution rules for brokerage AI.

## Links

- Website: https://www.heraldai.com/
- LinkedIn: https://www.linkedin.com/company/heraldapi
- Twitter/X: https://x.com/HeraldAPI

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Profile page: https://yespress.io/herald
Published by YesPress — https://yespress.io
Last updated: 2026-10-03