Vertafore
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Series A | |
$52.0m | Series B | ||
$11.0m | Series C | ||
$13.0m | Early VC | ||
$1.4b | Acquisition | ||
$2.7b Valuation: $2.7b | Acquisition | ||
$5.4b Valuation: $5.4b | Acquisition | ||
Total Funding | $76.0m |
Recent News about Vertafore
EditVertafore is a leading provider of software solutions tailored for the insurance industry, serving carriers, agencies, Managing General Agents (MGAs), and independent agents. The company operates within the InsurTech sector, focusing on enhancing operational efficiency, compliance, and precision through advanced technology and workflow improvements. Vertafore's business model revolves around offering a suite of software products that streamline various insurance processes, from hiring to client communication, leveraging automation and artificial intelligence (AI) tools. These solutions are designed to save time, reduce costs, and improve overall business performance for their clients. Vertafore generates revenue through the sale of its software products and services, which are often provided on a subscription basis, ensuring a steady stream of recurring income. The company has received numerous awards for its innovation and excellence in the InsurTech space, highlighting its commitment to transforming the insurance industry.
Keywords: InsurTech, software solutions, insurance industry, automation, AI tools, workflow improvements, compliance, efficiency, carriers, agencies.