Kanopi - About the company
Kanopi is a seed company based in Collingwood (Australia), founded in 2019. It operates as a Software suite for the insurance industry. Kanopi has raised $3.98M in funding from McGowan Insurance Group. The company has 44 active competitors, including 12 funded and 16 that have exited. Its top competitors include companies like Guidewire, Bravura Solutions and Sapiens.
Company Details
Software suite for the insurance industry. It offers a data-driven insurtech solution that connects insurers and digital platforms to provide the right insurance to the customers. It offers an embedded insurance platform to anticipates consumer needs and provide insurance. It provides customer’s information and third-party data for the insurance industry.
Key Metrics
Founded Year
2019
Location
Collingwood, Australia
Stage
Seed
Total Funding
$3.98M in 1 round
Latest Funding Round
Investors
Ranked
24th among 44 active competitors
Employee Count
16 as on Jun 30, 2026
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Kanopi's funding and investors
Kanopi has raised a total funding of $3.98M over 1 round. Its latest funding round was a Seed round on May 30, 2021 for $*****. 3 investors participated in its latest round. Kanopi has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Kanopi:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2021 | 5266184 | Seed | 4139372 | 3706097 | 5980963 | 2570216 |
View details of Kanopi's funding rounds and investors
Kanopi's founders and board of directors
Founder? Claim ProfileKanopi's employee count trend
Kanopi has 16 employees as of Jun 26. Here is Kanopi's employee count trend over the years:
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Kanopi's Competitors and alternates
Top competitors of Kanopi include Guidewire, Bravura Solutions and Sapiens. Here is the list of Top 10 competitors of Kanopi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guidewire 2001, San Mateo (United States), Public | Cloud-based platform for property and casualty insurance | - | 77/100 | |
2nd | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
3rd | Insurance policy administration and compliance solutions for the insurance industry | - | 63/100 | ||
4th | Applied 1983, University Park (United States), Acquired | Provider of a cloud-based software suite for P&C insurers, MGA and agents | - | 62/100 | |
5th | Insurance agency management software | - | - | 62/100 | |
6th | Provider of a platform for AI decision-making in banking and insurance | $97.5M | 60/100 | ||
7th | Instanda 2015, London (United Kingdom), Series B | SaaS-based software suite for the insurance industry | $71.7M | 58/100 | |
8th | Insurance quoting and underwriting solutions for the life and health insurance industry | - | 58/100 | ||
9th | Loadsure 2018, London (United Kingdom), Series A | AI-based insurance claims and policy management solutions for the insurance industry | $12.4M | 55/100 | |
10th | Majesco 2015, Morristown (United States), Acquired | Provider of cloud-based insurance policy management and data analytics solutions for the insurance industry | - | 54/100 | |
24th | Software suite for the insurance industry | $3.98M | 35/100 |
Looking for more details on Kanopi's competitors? Click here to see the top ones
Kanopi's Investments and acquisitions
Kanopi has made no investments or acquisitions yet.
Reports related to Kanopi
Here is the latest report on Kanopi's sector:
News related to Kanopi
•
‘A truly flexible workplace’: Melbourne insurtech Kanopi wins Best Startup Culture awardStartup Daily•Sep 13, 2023•Kanopi
•
Insurtech Expense Check raises funds to grow international footprintLife Insurance International•Jun 01, 2021•Kanopi, Folklore Ventures, Hollard
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