InsPro Technologies

Crum Lynne, United States Founded: 1986 • Age: 40 yrs Acquired By Majesco
Provider of an insurance policy administration software for payers
Annual revenue $14.9M Latest available
Total funding - 6 rounds
Employees 54 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About InsPro Technologies

InsPro Technologies is a company based in Crum Lynne (United States) founded in 1986 was acquired by Majesco in January 2020. The company has 54 employees as of December 31, 2019. InsPro Technologies operates in a competitive market with competitors including Change Healthcare, Innovaccer, HealthEdge, Zelis Healthcare and Alegeus, among others.

  • Headquarter Crum Lynne, United States
  • Employees 54 as on 31 Dec, 2019
  • Stage Public
  • Sectors
    Financial Services
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Inspro Technologies Corp
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $14.89 M (USD)
    -31
    as on Dec 31, 2019
  • Net Profit
    -$1.19 M (USD)
    -148
    as on Dec 31, 2019
  • EBITDA
    -$1.07 M (USD)
    -140
    as on Dec 31, 2019
  • Latest Funding Round
    $300 K (USD), Post-IPO

    May 12, 2017

  • Investors
  • Employee Count
    54

    as on Dec 31, 2019

  • Acquired by
    Majesco

    (Jan 30, 2020)

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Funding Insights of InsPro Technologies

Investors in InsPro Technologies

InsPro Technologies has secured backing from 1 investor. Prominent investors backing the company include Majesco.

All
Investor Description Founded Year Domain Location
Provider of cloud-based insurance policy management and data analytics solutions for the insurance industry
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Investor details for InsPro Technologies

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Investments & Acquisitions by InsPro Technologies

Investments
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Investment portfolio details for InsPro Technologies

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Financial Statements - InsPro Technologies

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Detailed financials for InsPro Technologies

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Inspro Technologies Comparisons

InsPro Technologies Primary company
Description
Provider of an insurance policy administration software for ...
Location
Crum Lynne, United States
Founded Year
1986
Annual Revenue
$14.89 M (USD)
Net Profit
-$1.19 M (USD)
EBITDA
-$1.07 M (USD)
Employees
54
As of 2019
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Peer comparison for InsPro Technologies

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Competitors of InsPro Technologies

InsPro Technologies 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 Change Healthcare, Innovaccer, HealthEdge, Zelis Healthcare and Alegeus, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Software solutions for healthcare payers are provided.
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Healthcare benefits are administered via tax-advantaged account platforms.
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SaaS-based suite solutions for payers are provided by HighRoads.
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Detailed competitors of InsPro Technologies

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Latest news on Inspro Technologies

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Complete news archive for InsPro Technologies

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Frequently Asked Questions about InsPro Technologies

InsPro Technologies was founded in 1986 and raised its 1st funding round 26 years after it was founded.

InsPro Technologies is headquartered in Crum Lynne, United States. It is registered at Crum Lynne, Pennsylvania, United States.

As of Dec 31, 2019, the latest employee count at InsPro Technologies is 54.

Annual revenue of InsPro Technologies is $14.89M as on Dec 31, 2019.

InsPro Technologies provides group and individual insurance, policy administration software for health, life, and annuities, called InsPro Enterprise. This is a web-based software that crosses the entire enterprise of an insurance agency - from marketing to operations. The software also spans the entire insurance product and policy lifecycle and offers integrated support for all channels, policies, and users. InsPro Enterprise manages billing, claims, and payments for insurance agencies. Since it is built on a web-based architecture, InsPro enables companies to consolidate multiple policies into one processing platform. In addition to the web-based software, InsPro also offers customers optional hosting, application management, and tech support.

InsPro Technologies's top competitors include Change Healthcare, HealthEdge and Innovaccer.

InsPro Technologies has 1 investor. Key investors include Majesco.

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