About AuSuM Systems
AuSuM Systems is a company based in Miami Beach (United States) founded in 1994 was acquired by Insurity in September 2021.. AuSuM Systems offers products and services including Insurity Platform, Insurity Analytics, Insurity Premium Audit, and Insurity Claims. AuSuM Systems operates in a competitive market with competitors including AuditBoard, Ocrolus, Auditoria.AI, Caseware and FISCAL Technologies, among others.
- Headquarter Miami Beach, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Insurity Llc
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Products & Services of AuSuM Systems
AuSuM Systems offers a comprehensive portfolio of products and services, including Insurity Platform, Insurity Analytics, Insurity Premium Audit, and Insurity Claims. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based system for managing insurance policies and regulatory compliance.
Platform for insurance data insights and third-party integrations.
Automates premium audits to improve efficiency and accuracy.
Tools for handling insurance claims and payments processing.
Funding Insights of AuSuM Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in AuSuM Systems
AuSuM Systems has secured backing from 1 investor. Prominent investors backing the company include Insurity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Insurity is recognized for providing cloud-native insurance software solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by AuSuM Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AuSuM Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ausum Systems Comparisons
Competitors of AuSuM Systems
AuSuM Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AuditBoard, Ocrolus, Auditoria.AI, Caseware and FISCAL Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based GRC and audit management solutions are provided.
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Provider of bank accounts auditing solutions for businesses
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| domain | founded_year | HQ Location |
AI-driven audit automation solutions for enterprises are provided.
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Accounting and auditing software solutions are supplied worldwide.
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| domain | founded_year | HQ Location |
Cloud-based audit and risk management solutions are provided for businesses.
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Navix is recognized for providing automated freight audit solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AuSuM Systems
When was AuSuM Systems founded?
AuSuM Systems was founded in 1994.
Where is AuSuM Systems located?
AuSuM Systems is headquartered in Miami Beach, United States. It is registered at Miami Beach, Florida, United States.
Who is the current CEO of AuSuM Systems?
Monty Roach is the current CEO of AuSuM Systems.
What does AuSuM Systems do?
AuSuM Systems was established in 1994 and is based in Miami Beach, United States. Audit management software is developed and offered to support compliance and operational efficiency in various sectors. Services are centered on streamlining audit processes through specialized tools. The company is led by CEO President Monty Roach, with operations focused on the software industry.
Who are the top competitors of AuSuM Systems?
AuSuM Systems's top competitors include AuditBoard, Ocrolus and Auditoria.AI.
What products or services does AuSuM Systems offer?
AuSuM Systems offers Insurity Platform, Insurity Analytics, Insurity Premium Audit, and Insurity Claims.
Who are AuSuM Systems's investors?
AuSuM Systems has 1 investor. Key investors include Insurity.