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FASST - About the company

FASST is a series B company based in Angouleme (France), founded in 2017 by Xavier Favre. It operates as a Digital accelerator platform for insurers, mutuals, and brokers. FASST has raised $34.3M in funding from investors like AG2R LA MONDIALE, Bpifrance and Covéa. The company has 47 active competitors, including 12 funded and 16 that have exited. Its top competitors include companies like Guidewire, Applied and Tinubu.

Company Details

Digital accelerator platform for insurers, mutuals, and brokers. It offers a platform for the creation, distribution, consulting, and connection of digital insurance solutions. The platform offers storage and file-sharing services for teams, allowing them to organize and share files.
Key Metrics
Founded Year
2017
Location
Angouleme, France
Stage
Series B
Total Funding
$34.3M in 2 rounds
Latest Funding Round
Ranked
Employee Count
130 as on Sep 30, 2026
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FASST's funding and investors

FASST has raised a total funding of $34.3M over 2 rounds. Its first funding round was on Dec 12, 2023. Its latest funding round was a Series B round on Nov 14, 2024 for $*****. 3 investors participated in its latest round. FASST has 7 institutional investors.

Here is the list of recent funding rounds of FASST:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 14, 2024
4180665
Series B
8230403
6801472
5752677
1366135
Dec 12, 2023
4358955
Series A
1099499
1505972
1492468
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FASST's founders and board of directors

Founder? Claim Profile
The founders of FASST is Xavier Favre. Xavier Favre is the CEO of FASST.
Here are the details of FASST's key team members:

FASST's employee count trend

FASST has 130 employees as of Sep 26. Here is FASST's employee count trend over the years:
Employee count trend for FASST
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FASST's Competitors and alternates

Top competitors of FASST include Guidewire, Applied and Tinubu. Here is the list of Top 10 competitors of FASST, 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
-
78/100
2nd
Logo for Applied
Applied
1983, University Park (United States), Acquired
Provider of a cloud-based software suite for P&C insurers, MGA and agents
-
65/100
3rd
Logo for Tinubu
Tinubu
2000, Moulineaux (France), Series D
Cloud-based software solutions for credit insurers, surety bonds & trade finance
$147M
65/100
4th
Logo for Bravura Solutions
Bravura Solutions
2004, Edinburgh (United Kingdom), Acquired
Software solutions for life insurance and wealth management
$28.4M
64/100
5th
Logo for Earnix
Earnix
2001, Ramat Gan (Israel), Series D
Provider of a platform for AI decision-making in banking and insurance
$97.5M
63/100
6th
Logo for Linedata
Linedata
1998, Neuilly sur seine (France), Public
Provider of software, data, analytics, and related services for financial institutions
-
63/100
7th
Logo for Mintpro
Mintpro
2017, Mumbai (India), Unfunded
Insurance agency management software
-
-
62/100
8th
Logo for Keylane
Keylane
1986, Utrecht (Netherlands), Acquired
Cloud-based life and non-life insurance platform for the insurance and pension industry
-
61/100
9th
Logo for Seyna
Seyna
2018, Paris (France), Series A
Insurance policy and claims management solutions for the insurance industry
$66.9M
60/100
10th
Logo for Instanda
Instanda
2015, London (United Kingdom), Series B
SaaS-based software suite for the insurance industry
$71.7M
59/100
20th
Logo for FASST
FASST
2017, Angouleme (France), Series B
Digital accelerator platform for insurers, mutuals, and brokers
$34.3M
43/100
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FASST's Investments and acquisitions

FASST has made no investments or acquisitions yet.

Reports related to FASST

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News related to FASST

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