Vertafore - About the company
Vertafore is an acquired company based in Denver (United States), founded in 1985. It operates as an Agency management and content management solutions for the insurance industry. The company has 567 active competitors, including 90 funded and 78 that have exited. Its top competitors include companies like FintechOS, Tinubu and Sapiens.
Company Details
Agency management and content management solutions for the insurance industry. It offers solutions for claims management, policy management, distribution management, and compliance management. It also offers solutions for data & analytics, customer management, agency management, insurance quoting, sales and more.
- Website
- www.vertafore.com/
- Registered Address
- Denver, Colorado
Key Metrics
Founded Year
1985
Location
Denver, United States
Stage
Acquired
Investors
Ranked
41st among 567 active competitors
Employee Count
722 as on Oct 31, 2024
Exit Details
Acquired by Roper Technologies (Aug 13, 2020)
Legal entities associated with Vertafore
Vertafore is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERTAFORE INDIA PRIVATE LIMITED CIN: U72200TG1998PTC030601 , India, Active | Dec 02, 1998 | $17.7M (As on Mar 31, 2025) | 722 (As on Oct 31, 2024) | |
VERTAFORE, INC. CIN: 742470776 , United States, Active | Dec 26, 999 | - | 1605 (As on Dec 31, 2024) | - |
Vertafore's acquisition details
Vertafore got acquired by Roper Technologies on Aug 13, 2020 at an acquisition amount of $5.35B. It was facilitated by Barclays, Credit Suisse, Simpson Thacher and 2 more.
Click here to take a look at Vertafore's acquisition in detail
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Vertafore's funding and investors
Vertafore is a funded company. Vertafore has 7 institutional investors.
View details of Vertafore's funding rounds and investors
Vertafore's founders and board of directors
Founder? Claim ProfileVertafore's employee count trend
Vertafore has 722 employees as of Oct 24. The total employee count is 10.0% lower than what it was in Oct 23. Here is Vertafore's employee count trend over the years:
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Vertafore's Competitors and alternates
Top competitors of Vertafore include FintechOS, Tinubu and Sapiens. Here is the list of Top 10 competitors of Vertafore, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
2nd | Cloud-based software solutions for credit insurers, surety bonds & trade finance | $147M | 66/100 | ||
3rd | Insurance policy administration and compliance solutions for the insurance industry | - | 66/100 | ||
4th | Socotra 2014, San Francisco (United States), Series C | Cloud-based policy management and underwriting solutions for the insurance industry | $98M | 65/100 | |
5th | Newfront 2017, San Francisco (United States), Acquired | Provider of insurance brokerage and total rewards services | $300M | 64/100 | |
6th | Provider of AI-powered platforms and APIs for financial services | $2.19M | 64/100 | ||
7th | Nexus FrontierTech 2015, London (United Kingdom), Seed | AI-based software suite for financial service industry | $3.81M | - | 64/100 |
8th | ReSource Pro 2003, New York City (United States), Acquired | Insurance policy and claim management solutions for the insurance industry | $87.4M | 64/100 | |
9th | Gradient 2018, Boston (United States), Series C | AI-based claims automation and auditing solutions for the insurance industry | $89.7M | 63/100 | |
10th | Insurance agency management software | - | - | 62/100 | |
41st | Vertafore 1985, Denver (United States), Acquired | Agency management and content management solutions for the insurance industry | - | 50/100 |
Looking for more details on Vertafore's competitors? Click here to see the top ones
Vertafore's Investments and acquisitions
Vertafore has not made any investments yet. Vertafore has made 9 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 04, 2024 | Acquisition | 2017 | San Francisco (United States) | |
Jun 28, 2022 | Acquisition | 1998 | Melville (United States) | |
Nov 18, 2021 | Acquisition | 2014 | Columbus (United States) |
See all acquisitions by Vertafore
News related to Vertafore
Media has covered Vertafore for a total of 7 events in the last 1 year, 4 of them have been about company updates.
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Vertafore Expands AI in Surefyre, Automates PDF to Web Form ConversionMarTech Series•Jan 22, 2026•Vertafore
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Vertafore Wins Globee Awards for Innovation in Insurance DistributionPR Newswire•Oct 22, 2025•Vertafore
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Vertafore and NetVU Reveal First Look at Accelerate 2026 Education LineupPR Newswire•Oct 15, 2025•NetVu, Vertafore
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Vertafore names XPT Specialty as the 2025 Speed to Market InnovatorPR Newswire•May 09, 2025•Vertafore
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Trucordia ties up with Vertafore to streamline operationsLife Insurance International•Dec 05, 2024•Trucordia, Vertafore
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Vertafore expands AI capabilities with Surefyre acquisitionReinsurance News•Nov 12, 2024•Surefyre, Vertafore
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Vertafore Acquires Surefyre, Expanding Its AI Capabilities to Accelerate MGA Growth and InnovationFintech Finance•Nov 04, 2024•Vertafore, Surefyre
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