Where is Modgic located?

Modgic is headquartered in Solana Beach, United States.

How many employees does Modgic have?

As of Jul 01, 2024, the latest employee count at Modgic is 1 - 10.

Is Modgic a funded company?

Modgic is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Modgic rank among its competitors?

Modgic ranks 130th amongst 254 active competitors, of which 43 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was FurtherAI, which secured $30M in Oct, 2025.

Who are the top competitors of Modgic?

Modgic's top competitors include Guidewire, Duck Creek and FintechOS. Among them, FurtherAI secured the most recent funding round in October, 2025.

Modgic - 2026 Company Profile, Team & Competitors

Modgic is an acquired company based in Solana Beach (United States), founded in 2011. It operates as a Software suite for insurance industry. The company has 254 active competitors, including 43 funded and 54 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

Modgic provides a saas-based software suite for the insurance industry. It offers solutions for insurance sales & distribution, insurance underwriting analysis, insurance quoting & binding, insurance reporting, and more. It also offers mod calculators, customer management solution, and more.

Website: modgic.com
Email ID: *****@modgic.com

Key Metrics

Founded Year

2011

Location

Solana Beach, United States

Stage

Acquired

Ranked

130^th among 254 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

FintechOS & 670 more

Exit Details

Acquired by Zywave (May 13, 2021)

View Modgic's full profile

Modgic got acquired by Zywave on May 13, 2021.

Click here to take a look at Modgic's acquisition in detail

Modgic has not raised any funding rounds yet.

Modgic's employee count trend

Modgic has 1 - 10 employees as of Jul 24. Here is Modgic's employee count trend over the years:

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Top competitors of Modgic include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Modgic, ranked by Tracxn score:

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	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Kayne Anderson Rudnick ... & 8 others	71/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Draper Esprit & 12 others	68/100
4th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	General Atlantic, Riverside Management Group ... & 2 others	67/100
5th	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Fidelity Ventures & 3 others	67/100
6th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	66/100
7th	OneShield 1999, Marlborough (United States), Series E	Cloud-based insurance policy and claims management solutions for the p&c insurance industry	$52.5M	Pacific Lake Partners, Bain Capital Credit ... & 12 others	65/100
8th	Newfront 2017, San Francisco (United States), Acquired	Provider of insurance brokerage and total rewards services	$300M	Meritech, Founders Fund & 25 others	64/100
9th	FurtherAI 2023, San Francisco (United States), Series A	AI-powered automation platform for insurance industry tasks	$35.6M	Andreessen Horowitz, Y Combinator & 7 others	64/100
10th	Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired	Software solutions for life insurance and wealth management	$28.4M	Ironbridge, Herald Investment Management	64/100
130th	Modgic 2011, Solana Beach (United States), Acquired	Software suite for insurance industry	-	-	28/100