Equal Parts Secures $23M to Transform Independent Insurance with AI and Human Relationships

Series A will expand the company’s footprint, enhance its platform and support a path to $1B in premiums.

‍

AUSTIN, Texas--(BUSINESSWIRE)-- Feb. 10, 2026 — Equal Parts, an insurance platform transforming independent agencies, today announced it has raised $23M in Series A funding led by Inspired Capital. The investment will accelerate the company’s acquisition strategy and further develop AI tools that extend the reach and impact of independent agencies.

Since launching in March 2025, Equal Parts has delivered significant revenue growth and margin improvement across acquired agencies. The company plans to acquire 25 agencies this year and reach $1B in premiums within 24 months.

“This funding accelerates our mission to be the operating platform agency owners need and the acquisition partner they deserve,” said Mike Witte, co-founder and CEO. “With half the industry retiring in the next decade, we give owners a way to exit without sacrificing culture or client focus - carrying their legacies forward with equal parts technology and tradition.”

Independent agency owners have long faced two choices: sell to a large corporate buyer or struggle to scale alone. Founded by Mike Witte, Mike Meller and Graham Yennie, Equal Parts offers a third path - helping agencies remain independent while growing faster through shared infrastructure and automation.

Unlike legacy agency management systems limited by closed data models, Equal Parts runs on a proprietary operating platform built to ingest acquisitions, standardize workflows and drive operational leverage at scale. By automating back-office operations, the platform enables agency leaders to focus on relationships, sales and growth.

“Equal Parts represents a changing of the guard in independent insurance,” said Mark Batsiyan, General Partner at Inspired Capital. “Their blend of human relationships and purpose-built technology can unify and modernize this fragmented industry.”

The Series A round, with participation from Equal Ventures, Max Ventures, Genius Ventures and lending partners, brings Equal Parts’ total acquisition capital to $50M. Recent acquisitions include Strategic Insurance in New Mexico and Austin-based Assurely and Lumen Insurance.

About Equal Parts
Equal Parts partners with independent agencies to accelerate growth through technology, capital and operational support—helping agencies scale while preserving independence and community focus. Learn more at www.equalparts.ai.

Contact: press@equalparts.ai