Inforcepro

Austin, United States Founded: 2011 • Age: 15 yrs Acquired By Covr
Web-based software for managing and auditing insurance policies is offered.
Annual revenue - Latest available
Total funding $4.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Inforcepro

Inforcepro is a company based in Austin (United States) founded in 2011 was acquired by Covr in July 2017. Inforcepro has raised $4 million across 1 funding round from investors including Covr and LiveOak. Inforcepro operates in a competitive market with competitors including Artificial Labs, Leonteq, Web Connectivity, Sagitec and Chisel, among others.

  • Headquarter Austin, United States
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Sep 29, 2015

  • Investors
    Covr

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Covr

    (Jul 20, 2017)

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Funding Insights of Inforcepro

Inforcepro has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in September 2015. 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.

Investors in Inforcepro

Inforcepro has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Covr and LiveOak.

All
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are provided to Texas-based tech founders.
Locked Locked Locked
AI & cloud-based insurance quoting solutions for the insurance industry
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Investor details for Inforcepro

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Investments & Acquisitions by Inforcepro

Investments
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Investment portfolio details for Inforcepro

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Financial Statements - Inforcepro

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Detailed financials for Inforcepro

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Inforcepro Comparisons

Inforcepro Primary company
Description
Web-based software for managing and auditing insurance polic...
Location
Austin, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Inforcepro

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Competitors of Inforcepro

Inforcepro 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 Artificial Labs, Leonteq, Web Connectivity, Sagitec and Chisel, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Software solutions provider for Insurers
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Products and Services provider for Structured Products
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Software solution provider for insurance business processes
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Pension administration and unemployment insurance software solutions are provided.
Locked Locked Locked
A chain of fitness studios is operated in Bengaluru, India.
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Life insurance policy management and trust administration solutions are provided.
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Detailed competitors of Inforcepro

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Latest news on Inforcepro

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Complete news archive for Inforcepro

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Frequently Asked Questions about Inforcepro

Inforcepro was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Inforcepro is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Inforcepro is a funded company, having raised a total of $4M across 1 funding round to date.

InforcePro offers web-based software solution that provides insurance advisors and companies with a platform to download, manage, audit and present inforce policies at any given time. Their algorithms prioritize policy reviews according to issues or opportunities and thereby eliminate presentation hesitation. Gives users a complete understanding of the inforce policies in the book. InforcePro can automatically create custom illustrated audits and sales presentations using full-fledged Winflex, CompuLife and LifeGuide quoting integrations. These three tools enable agencies and producers to find new sales and reinvigorate the organization etc. USP of InforcePro lies in the fact that they offer post-sale servicing software increasing chances of cross sell and up sell.

Inforcepro's top competitors include Artificial Labs, Leonteq and Web Connectivity.

Inforcepro has 2 investors. Key investors include Covr, and LiveOak.

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