
About Finaeo
Finaeo is a company based in Toronto (Canada) founded in 2016. It operates as a Marketplace and B2B. Finaeo has raised $6 million across 4 funding rounds from investors including Gener8tor, Roboventures and OnRamp Insurance. Finaeo offers products and services including Marketplace, Client Portal, and Product Comparison. Finaeo operates in a competitive market with competitors including Zafin, PureFacts, Sensely, Glia and Shift Technology, among others.
- Total Equity Funding$6M (USD)
in 4 rounds
- Latest Funding Round$100K (USD), Series A
Jun 2020
- InvestorsGener8tor
& 10 more
Products & Services of Finaeo
Finaeo offers a comprehensive portfolio of products and services, including Marketplace, Client Portal, and Product Comparison.
Platform for comparing insurance products and generating quotes.
Tool for digital onboarding and secure document sharing.
Feature to compare insurance features and eligibility.
Funding Insights of Finaeo
Finaeo has successfully raised a total of $6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6M
- Total Rounds 4
- Last Round Series A β $100,000
- First Round $1.81M
(Sep 2017)
- Investors Count 11
All 4 funding rounds of Finaeo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $100,000 | Series A | β | Gener8tor | β |
| May 2020 | $100,000 | Series A | β | OnRamp Insurance | β |
| Mar 2019 | $3.99M | Series A | β | Luge Capital, Alex Norman | |
| Sep 2017 | $1.81M | Seed | β | Impression Ventures |
11 investors in total: 10 institutional and 1 angel.
Investors in Finaeo
Finaeo has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gener8tor, Roboventures and OnRamp Insurance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated via a 12-week program with funding support. | 2012 | gener8tor.com | Madison, United States | |
Luge Capital is focused on fintech venture capital investments. | – | luge.vc | Montreal, Canada | |
- | – | rgax.com | - | |
US focused stage-agnostic venture capital firm | – | rtf.vc | San Francisco, United States | |
Investments are made in early-stage technology companies by Inovia Capital. | – | inovia.vc | Montreal, Canada | |
Investments are directed by Impression Ventures toward fintech startups. | – | impression.ventures | Toronto, Canada | |
Healthcare-focused venture capital is provided by iGan Partners. | – | iganpartners.com | Toronto, Canada | |
Seed-stage tech-focused VC firm investing primarily in Canada | – | 500canada.ca | Toronto, Canada | |
- | – | onrampinsurance.com | - | |
Limited information available | 2014 | roboventures.in | Hyderabad, India |
Investor details for Finaeo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Finaeo
3 people are tracked at Finaeo (3 in board & advisors).
| Name | Role | Group |
|---|---|---|
Alister Campbell | Director | Board & advisors |
Omar Dhalla | Director | Board & advisors |
Karim Gillani | Director | Board & advisors |
Complete people profiles for Finaeo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Finaeo
3 dated milestones of Finaeo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Finaeo is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series A, of $100K.
Competitors of Finaeo
Finaeo 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 Zafin, PureFacts, Sensely, Glia and Shift Technology, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zafin.com | 2002 | Toronto, Canada | $47.2M | – | Software solutions for relationship banking in financial services are delivered. | |
| purefacts.com | 2010 | Toronto, Canada | $61.02M | – | CRM solutions for wealth managers | |
| sensely.com | 2013 | San Francisco, United States | $26.48M | 9 | Conversational AI platforms are developed for enterprise healthcare and insurance. | |
| glia.com | 2012 | New York, United States | $150.6M | 130 | Cloud-based omnichannel platform is provided for financial customer service. | |
| shift-technology.com | 2014 | Paris, France | $319.74M | – | Provider of AI solutions for insurance underwriting, claims, and risk | |
| jirnexu.com | 2012 | Kuala Lumpur, Malaysia | $27.5M | – | Customer engagement solutions are provided to banks and related sectors. | |
| kasisto.com | 2013 | New York, United States | $90.95M | – | AI-driven conversational banking solutions are provided for enterprises. | |
| zipari.com | 2014 | Brooklyn, United States | $44.83M | – | Provider of cloud-based customer experience management platform for payers | |
| cognigy.com | 2016 | Dusseldorf, Germany | $165M | 98 | Cognigy is recognized for developing conversational AI solutions for customer service. |
Detailed competitors of Finaeo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Finaeo
The website of Finaeo (finaeo.com) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Finaeo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Finaeo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Finaeo
Complete news archive for Finaeo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Finaeo
10 companies that operate in the same segment as Finaeo (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about Finaeo
Finaeo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Finaeo is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Finaeo is a funded company, having raised a total of $6M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.81M, raised on Sep 2017.
Finaeo operates as a digital marketplace that empowers independent life insurance brokers by offering tools for product comparisons, quote generation, and policy placement. It serves brokers, carriers, and clients through features like client portals and contact management. Based in the US and Canada, it streamlines insurance processes, reduces costs, and enhances efficiency via a user-friendly interface for digital onboarding and document sharing.
Finaeo's top competitors include Glia, Shift Technology and PureFacts.
Finaeo offers Marketplace, Client Portal, and Product Comparison.
Finaeo has 11 investors. Key investors include Gener8tor, Roboventures, OnRamp Insurance, Luge Capital, and RGAX.
The website of Finaeo receives about 681 thousand visits a month.
