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Apr 2025
3 min

Equal Parts Launches Next-Gen Insurance Agency

Equal Parts has officially launched with $10 million in acquisition capital, backed by Equal Ventures and Max Ventures! Our mission? To build a next-generation insurance agency that pairs the best parts of traditional, relationship-driven insurance with cutting-edge AI technology—all while keeping human connections at the heart of what we do.

Why We’re Doing This

For decades, the independent insurance industry has run on the power of strong personal relationships. Yet too often, agents end up juggling disconnected systems and processes that drain time and energy. That’s why we believe the future of insurance is equal parts innovation and relationships, and equal parts technology and tradition—and we’re aiming to take both to the extreme.

Our founders, Mike Witte, Mike Meller, and Graham Yennie, bring deep expertise in scaling service-based businesses, running seamless acquisitions, and building AI platforms that solve real-world problems. Together, they see a massive opportunity to modernize an industry often viewed as slow-moving, without losing what makes it great: the people.

How We’ll Do It

We’ll accomplish this by acquiring independent agencies—initially those under $5 million in revenue, where relationships are strongest but innovation lags—and equipping them with AI solutions that automate administrative tasks, freeing agents to focus on client relationships. Rather than replacing the human touch, our technology is designed to enhance it, ensuring agents have the tools to be more efficient and more connected, not merely driven by bottom-line efficiencies.

A New Era of Insurance

The insurance industry is at a turning point: a wave of retirements is on the horizon, and fewer young professionals are choosing insurance as a career. Our approach is simple: respect the foundation of relationships that has always powered insurance, and supercharge it with the right technology. Together, we can ensure a healthier, more sustainable future for agencies—and the communities they serve.

What’s Next?

We’ll be moving fast to integrate our first acquired agency into the Equal Parts platform. Keep an eye out for more updates on deals, new team members, and the progress we’re making in transforming the industry—one agency (and one relationship) at a time.

For inquiries: info@equalparts.ai

We’re on a mission to become a top-5 insurance distributor within the next decade, challenging legacy incumbents by providing an unmatched opportunity for forward-thinking agents.

If you’re looking to elevate your career with the support of a dedicated team and a powerful platform, we invite you to join us on this journey.