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
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(29 Sep 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Series A - Inforcepro | Valuation |
investors |
| 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 |
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Investors in Inforcepro
Inforcepro has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Covr and LiveOak. 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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Venture capital investments are provided to Texas-based tech founders.
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Founded Year | Domain | Location | |
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AI & cloud-based insurance quoting solutions for the insurance industry
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inforcepro
| 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 - Inforcepro
| 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 |
Inforcepro Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions provider for Insurers
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| domain | founded_year | HQ Location |
Products and Services provider for Structured Products
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| domain | founded_year | HQ Location |
Software solution provider for insurance business processes
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| domain | founded_year | HQ Location |
Pension administration and unemployment insurance software solutions are provided.
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| domain | founded_year | HQ Location |
A chain of fitness studios is operated in Bengaluru, India.
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| domain | founded_year | HQ Location |
Life insurance policy management and trust administration solutions are provided.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Inforcepro
When was Inforcepro founded?
Inforcepro was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Inforcepro located?
Inforcepro is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Inforcepro a funded company?
Inforcepro is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Sep 29, 2015.
What does Inforcepro do?
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.
Who are the top competitors of Inforcepro?
Inforcepro's top competitors include Artificial Labs, Leonteq and Web Connectivity.