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Inforcepro - About the company

Inforcepro is an acqui-hired company based in Austin (United States), founded in 2011 by Karan Kanodia and Cameron Jacox. It operates as a Software solution for insurance brokers and companies.. Inforcepro has raised $5M in funding. The company has 59 active competitors, including 9 funded and 8 that have exited. Its top competitors include companies like Artificial Labs, Leonteq and Web Connectivity.

Company Details

InforcePro offers web-based software solution that provides insurance advisors and companies with a platform to download, manage, audit and present inforce policies at any given time. Their algorithms prioritize policy reviews according to issues or opportunities and thereby eliminate ‘presentation hesitation’. Gives users a complete understanding of the inforce policies in the book. InforcePro can automatically create custom illustrated audits and sales presentations using full-fledged Winflex, CompuLife and LifeGuide quoting integrations. These three tools enable agencies and producers to find new sales and reinvigorate the organization etc. USP of InforcePro lies in the fact that they offer post-sale servicing software increasing chances of cross sell and up sell.
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Email ID
*****@inforcepro.com
Key Metrics
Founded Year
2011
Location
Austin, United States
Stage
Acqui-Hired
Total Funding
$5M in 2 rounds
Latest Funding Round
Ranked
Employee Count
3 as on Jul 01, 2024
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Inforcepro's funding and investors

Inforcepro has raised a total funding of $5M over 2 rounds. Its latest funding round was a Series A round on Sep 29, 2015 for $*****. 1 investor participated in its latest round. Inforcepro has 1 institutional investor.

Here is the list of recent funding rounds of Inforcepro:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 29, 2015
8098982
Series A
6167598
3915663
2362431
7675921
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Inforcepro's founders and board of directors

Founder? Claim Profile
The founders of Inforcepro are Karan Kanodia and Cameron Jacox.
Here are the details of Inforcepro's key team members:

Inforcepro's employee count trend

Inforcepro has 3 employees as of Jul 24. Here is Inforcepro's employee count trend over the years:
Employee count trend for Inforcepro
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Inforcepro's Competitors and alternates

Top competitors of Inforcepro include Artificial Labs, Leonteq and Web Connectivity. Here is the list of Top 10 competitors of Inforcepro, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Artificial Labs
Artificial Labs
2013, London (United Kingdom), Series B
Software solutions provider for Insurers
$72.1M
63/100
2nd
Logo for Leonteq
Leonteq
2007, Zurich (Switzerland), Public
Products and Services provider for Structured Products
-
54/100
3rd
Logo for Web Connectivity
Web Connectivity
2003, London (United Kingdom), Acquired
Software solution provider for insurance business processes
-
-
52/100
4th
Logo for General Magic
General Magic
2024, Toronto (Canada), Seed
Provider of artificial intelligence software for insurance brokerage operational workflows
$8.4M
47/100
5th
Logo for Gradatim
Gradatim
2006, Bengaluru (India), Series A
SaaS based insurance and banking solutions for businesses
$5.57M
41/100
6th
Logo for DigiSure
DigiSure
2019, San Francisco (United States), Series B
Provider of digital insurance management system for mobility and sharing platforms
$13.1M
39/100
7th
Logo for Tapp Solutions
Tapp Solutions
2011, Atlanta (United States), Funding Raised
Digital solutions streamlining insurance sales, claims, and inspections for agents
-
38/100
8th
Logo for Hearti Lab
Hearti Lab
2015, Singapore (Singapore), Funding Raised
AI-based claim management crypto platform for insurers and banks
-
38/100
9th
Provider of AI-enabled insurance policy management solutions
$2M
38/100
10th
Logo for XN Capital
XN Capital
2023, New York City (United States), Seed
Insurance policy administration solution for businesses
$1.5M
-
38/100
41st
Logo for Inforcepro
Inforcepro
2011, Austin (United States), Acqui-Hired
Software solution for insurance brokers and companies.
$5M
-
22/100
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Inforcepro's Investments and acquisitions

Inforcepro has made no investments or acquisitions yet.

Reports related to Inforcepro

Here is the latest report on Inforcepro's sector:

News related to Inforcepro

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