Los Angeles, CA – August 29, 2025 – MonarkHQ, the employee benefits sales quoting and data analytics platform transforming how brokers, carriers, and employers navigate benefits decisions, today announced a strategic investment from Avondale Insurtech Ventures. This investment comes on the heels of several significant milestones for MonarkHQ, including its successful participation in the Insurtech NY Accelerator and recognition on the Insurtech Global 100 list of the most innovative companies worldwide. MonarkHQ’s proprietary technology harnesses the power of AI to instantly analyze employee benefits RFPs across more than 100 carriers, giving benefits professionals actionable insights in seconds—drastically reducing the manual effort, inefficiencies, and delays that have long plagued the industry.
Avondale’s Vision + Strategic Alignment
Avondale Insurtech Ventures has a clear mission: to back the next generation of insurtech innovators who are redefining the industry through technology, data, and customer-first solutions. Avondale’s investment in MonarkHQ reflects that vision—aligning with Avondale’s focus on scaling platforms that deliver real impact across the insurance value chain.
“MonarkHQ is tackling one of the most stubborn inefficiencies in the employee benefits ecosystem,” said Karl Stark, Managing Director at Avondale. “Their ability to bring speed, transparency, and intelligence to a critical process positions them as a category leader. We’re excited to support their journey to scale.”
Future Vision for MonarkHQ
With Avondale’s support, MonarkHQ is positioned to expand its platform and accelerate adoption across the employee benefits landscape. The company’s vision is to become the go-to sales quoting and data analytics platform for employee benefits professionals across the entire ecosystem—brokers, carriers, consultants, and employers alike.
By unifying disparate data sources and applying AI-driven analytics, MonarkHQ will enable the industry to make smarter, faster, and more cost-effective benefits decisions, creating lasting value for organizations and employees.
“Being named to the Insurtech Global 100 and graduating from the Insurtech NY accelerator added additional validation on top of our current strong market traction that highlights the need for our platform,” said Dave Bryant, Monark’s CEO. “Partnering with Avondale gives us the strategic capital and expertise to realize our vision of transforming employee benefits decision-making through data and AI.”
About MonarkHQ
MonarkHQ is a NYC and LA -based insurtech company revolutionizing the employee benefits industry with AI-powered data analytics. Serving brokers, carriers, and employers, MonarkHQ enables instant RFP analysis across 100+ carriers, driving smarter and faster benefits decisions. Recognized by Insurtech NY and named to the Insurtech Global 100, MonarkHQ is committed to modernizing benefits with transparency, intelligence, and efficiency.
About Avondale Insurtech Ventures
Avondale Insurtech Ventures invests in innovative companies reshaping the insurance industry. Avondale brings market expertise and a hands-on approach to helping entrepreneurial teams scale transformative businesses across the industry.