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Fadata - About the company

Fadata is an acquired company based in Munich (Germany), founded in 1990 by Boyko Kotchev. It operates as a Platform offering life and property and casualty insurance software. Fadata has raised an undisclosed amount in funding from Charles Taylor. The company has 729 active competitors, including 114 funded and 108 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

Platform offering life and property and casualty insurance software. Its cloud-enabled platform is designed to streamline insurance operations. It provides an enterprise software system that supports various lines of insurance business. It also enables organizations to automate their processes and adapt to changing market demands.
Website
fadata.eu
Social
X
Email ID
*****@fadata.eu
Phone Number
+49 **********
Key Metrics
Founded Year
1990
Location
Munich, Germany
Stage
Acquired
Ranked
Employee Count
283 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Riverside (Dec 18, 2015)

Fadata's acquisition details

Fadata got acquired by Riverside and Charles Taylor on Dec 18, 2015.
Click here to take a look at Fadata's acquisition in detail
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Fadata's funding and investors

Fadata has raised funding over 1 round. Its latest funding round was a Unattributed round on Sep 28, 2017 for $*****. 1 investor participated in its latest round. Fadata has 2 institutional investors.

Here is the list of recent funding rounds of Fadata:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 28, 2017
8374893
Unattributed
4631766
1216500
2836531
6746699
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Fadata's founders and board of directors

Founder? Claim Profile
The founders of Fadata is Boyko Kotchev.
Here are the details of Fadata's key team members:

Fadata's employee count trend

Fadata has 283 employees as of Aug 26. Here is Fadata's employee count trend over the years:
Employee count trend for Fadata
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Fadata's Competitors and alternates

Top competitors of Fadata include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Fadata, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Guidewire
Guidewire
2001, San Mateo (United States), Public
Developer of software platforms for property and casualty insurance operations
-
77/100
2nd
Logo for Duck Creek
Duck Creek
2000, Boston (United States), Acquired
Provider of cloud-based solutions for property and casualty and general insurance
$350M
71/100
3rd
Logo for FintechOS
FintechOS
2017, London (United Kingdom), Series B
Provider of AI-based software suite for the banking and insurance industry
$146M
68/100
4th
Logo for Bestow
Bestow
2016, Dallas (United States), Series D
Developer of life insurance new business and administration software platform solutions
$216M
68/100
5th
Logo for Insurity
Insurity
1985, Hartford (United States), Acquired
AI and cloud-based policy management and claims administration solutions
$57M
67/100
6th
Logo for Bold Penguin
Bold Penguin
2016, Columbus (United States), Acquired
Software suite for the commercial insurance industry
$50.1M
67/100
7th
Logo for iPipeline
iPipeline
1995, Exton (United States), Acquired
Cloud-based software suite for life insurance and financial services industry
$104M
66/100
8th
Logo for Tinubu
Tinubu
2000, Moulineaux (France), Series D
Cloud-based software solutions for credit insurers, surety bonds & trade finance
$147M
65/100
9th
Logo for Hyperexponential
Hyperexponential
2017, London (United Kingdom), Series B
Developer of software for commercial insurance pricing and underwriting workflows
$91M
65/100
10th
Logo for Bravura Solutions
Bravura Solutions
2004, Edinburgh (United Kingdom), Acquired
Software solutions for life insurance and wealth management
$28.4M
64/100
110th
Logo for Fadata
Fadata
1990, Munich (Germany), Acquired
Platform offering life and property and casualty insurance software
-
42/100
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Looking for more details on Fadata's competitors? Click here to see the top ones

Fadata's Investments and acquisitions

Fadata has acquired Impeo Software. Fadata has not made any investments as of now.

Reports related to Fadata

Here is the latest report on Fadata's sector:

News related to Fadata

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•
Fadata Pioneers AI Culture Shift in Core Insurance TechFintech Finance•Jul 29, 2025•Fadata
•
Fadata Unveils New SaaS for Insurers StrategyResponseSource•Oct 02, 2023•Fadata
•
Payara becomes a Fadata Ecosystem partnerFadata•Aug 17, 2023•Fadata, Payara
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FAQs about Fadata

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