About Global IQX
Global IQX is a Financial Services company based in Amsterdam (Netherlands) founded in 1999, and was acquired by Majesco in October 2022. It operates as an employee benefits software automation. The company was acqui-hired. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite. Its competitors include iPipeline, Bravura Solutions, FINEOS, Linedata and Atidot and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
Global IQX is a provider of configurable, component-based sales, service and product development automation software for the group life and health employee benefit industry. They deliver business process and procurement solutions that enable straight-through processing; that meet the specific requirements of the insurance companys respective audience: distribution channels, sales, underwriters, management, IT and other sales cycle participants. Insurance companies can use a common platform for Consumer and Broker Portals, Sales and Underwriter Workbench, Automated Renewals.
- Headquarters Amsterdam, Netherlands
- Stage Acquired
- SectorsFinancial Services
- Website globaliqx.com
- Social LinkedIn X
- Acquired by Majesco (Oct 2022)
Funding Insights of Global IQX
- Total Rounds 2
- Last Round Grant — $987,940
- Investors Count 2
All 2 funding rounds of Global IQX 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 |
|---|---|---|---|---|---|
| Jul 2003 | $987,940 | Grant | – | – | |
| Mar 2001 | – | Unspecified | – | – |
3 investors in total: 3 institutional.
Investors in Global IQX
Global IQX has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Majesco, CANARIE and I-U-Go Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | iugoventures.com | - | |
CANARIE is focused on providing advanced network and cybersecurity solutions for Canada's research and education sectors. | – | canarie.ca | Ottawa, Canada | |
Provider of cloud-based insurance policy management and data analytics solutions for the insurance industry | 2015 | majesco.com | Morristown, United States |
Investor details for Global IQX
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People of Global IQX
109 people are tracked at Global IQX (66 in leadership, 7 in board & advisors, 36 in team).
| Name | Role | Group |
|---|---|---|
Adam Elster | CEO & Director | Leadership |
Denise Garth | Chief Strategy Officer | Leadership |
Lori Stanley | SVP And Chief General Counsel | Leadership |
Jerry O'Brien | Senior Vice President, Sales | Leadership |
Prasanna Parthasarathy | Vice President Client Partner | Leadership |
Kasiviswanath Rajavelu | Director IT Services | Leadership |
Balaji Rao Nettem | VP Services | Leadership |
Randy Croce | Vice President Of Global Delivery & The System Integrator Center Of Excellence | Leadership |
Sesi Sripatnala | Director | Leadership |
Dr. Pete Taylor | Director, Sales | Leadership |
Joe Aho | CFO | Leadership |
Eric Lake | Director, Sales | Leadership |
Ed Giangrasse | Senior Sales Director | Leadership |
John Brown | Chief Information Officer | Leadership |
Ed Ossie | COO | Leadership |
Manish Shah | President & Chief Product Officer | Leadership |
Raymond Law | SVP And General Manager, L&ah And Distribution Products | Leadership |
Tina Gravel | Vice President Global Strategic Alliances | Leadership |
Jitendra Mohite | Director, Architecture | Leadership |
Bob Freisheim | Director Of Application Delivery | Leadership |
89 more people are available in the full profile.
Complete people profiles for Global IQX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Global IQX
4 dated milestones of Global IQX across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Global IQX is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $988K.
- Exit Acquired by Majesco.
Competitors of Global IQX
Global IQX has 9 listed competitors in our database, 5 of them funded. They include iPipeline, Bravura Solutions, FINEOS, Linedata and Atidot, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ipipeline.com | 1995 | Exton, United States | $104.49M | 433 | Cloud-based software is offered for life insurance and financial services. | |
| bravurasolutions.com | 2004 | Edinburgh, United Kingdom | $28.4M | 17 | Software solutions for wealth management and life insurance are provided. | |
| fineos.com | 1993 | Dublin, Ireland | – | 249 | Insurance quoting and underwriting solutions for the life and health insurance industry | |
| linedata.com | 1998 | – | – | 157 | Software, data, analytics, and services are provided to financial institutions. | |
| atidot.com | 2015 | San Jose, United States | $5M | – | Machine learning analytics are delivered for insurance risk management. | |
| omniscience.com | 2000 | Palo Alto, United States | $13.71M | 4 | AI-based software suite for life insurance data management is offered. | |
| quility.com | 2020 | Swannanoa, United States | – | 170 | Life and P&C insurances are compared through an online platform. | |
| lumera.com | 1996 | Bothell, United States | – | – | Proprietary polymer materials are developed for photonic communications applications. | |
| pinboxsolutions.com | 2016 | Singapore | $2.61M | 5 | Digital platform for micropension and microinsurance inclusion is offered. |
Detailed competitors of Global IQX
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Web traffic of Global IQX
Websites that share an audience with Global IQX (globaliqx.com).
Websites whose visitors overlap most with Global IQX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
internic.ca | internic.ca | 100% | – | #3,146,129 | – |
jimiz.net | jimiz.net | 56% | – | #8,733,970 | – |
freebsdnews.net | freebsdnews.net | 45% | – | – | – |
Top companies in Insurance Technology & Support Services
10 companies that operate in the same segment as Global IQX (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 746.17 M | USD 216.04 M | 1,306 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
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 | – | 699 | |
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, Uusimaa, Finland | USD 1.25 B | USD 111.51 M | 1,156 | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | 649 | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 215 M | – | 109 |
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Related news about Global Iqx
Complete news archive for Global IQX
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Frequently Asked Questions about Global IQX
Global IQX was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Global IQX is headquartered in Amsterdam, Netherlands.
Global IQX is a provider of configurable, component-based sales, service and product development automation software for the group life and health employee benefit industry. They deliver business process and procurement solutions that enable straight-through processing; that meet the specific requirements of the insurance companys respective audience: distribution channels, sales, underwriters, management, IT and other sales cycle participants. Insurance companies can use a common platform for Consumer and Broker Portals, Sales and Underwriter Workbench, Automated Renewals.
Global IQX's top competitors include iPipeline, FINEOS and Bravura Solutions.
Yes. Global IQX was acquired by Majesco in October 2022.