MiCology

Ipswich, United Kingdom Founded: 2008 • Age: 18 yrs
Low-code platform for insurance products and processes is developed.
Annual revenue $784,685 Latest available
Total funding $19,052 1 rounds
Employees 24 Tracked headcount
Investors - Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About MiCology

MiCology is a company based in Ipswich (United Kingdom) founded in 2008. MiCology has raised $19.05 thousand across 1 funding round. The company has 24 employees as of April 01, 2024. MiCology offers products and services including MiConnect, Policy Management, Claims Management, Complaints Handling, and MiIdentity. MiCology operates in a competitive market with competitors including EasySend, Sprout.ai, Vitesse, WeGoLook and MDGo, among others.

  • Headquarter Ipswich, United Kingdom
  • Employees 24 as on 01 Apr, 2024
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
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  • Legal Name Micology Limited
  • Date of Incorporation 29 Sep, 2017
  • Jurisdiction RICHMOND, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $784.68 K (USD)
    133.04
    as on Mar 31, 2022
  • Net Profit
    $23.34 K (USD)
    2323.71
    as on Mar 31, 2022
  • EBITDA
    $60.75 K (USD)
    165.22
    as on Mar 31, 2022
  • Total Equity Funding
    $19.05 K (USD)

    in 1 rounds

  • Latest Funding Round
    $19.05 K (USD), Seed

    Mar 24, 2022

  • Investors
    Not available
  • Employee Count
    24

    as on Apr 01, 2024

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Products & Services of MiCology

MiCology offers a comprehensive portfolio of products and services, including MiConnect, Policy Management, Claims Management, Complaints Handling, and MiIdentity.

Product name locked
Category locked
Primary

Platform for quick development of digital insurance processes.

Product name locked
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Tool for automating and managing insurance policies efficiently.

Product name locked
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System for handling and processing insurance claims securely.

Product name locked
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Solution for resolving customer complaints in insurance operations.

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Service for secure identity verification in insurance contexts.

Funding Insights of MiCology

MiCology has successfully raised a total of $19.05K through 1 strategic funding round. The most recent funding activity was a Seed round of $19.05 thousand completed in March 2022. 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.

Investments & Acquisitions by MiCology

Investments
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Investment portfolio details for MiCology

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Financial Statements - MiCology

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Detailed financials for MiCology

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Micology Comparisons

MiCology Primary company
Description
Low-code platform for insurance products and processes is de...
Location
Ipswich, United Kingdom
Founded Year
2008
Annual Revenue
$784.68 K (USD)
Net Profit
$23.34 K (USD)
EBITDA
$60.75 K (USD)
Employees
24
As of 2024
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Peer comparison for MiCology

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Competitors of MiCology

MiCology 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 EasySend, Sprout.ai, Vitesse, WeGoLook and MDGo, among others.

Company Name Domain Founded year HQ Location Description
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Document management solutions for insurance, banking, and other industry
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AI-based software suite for personal and commercial insurers
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Treasury and payment solutions are provided for the insurance industry.
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Inspection and claims processing solutions are offered for insurance firms.
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Provider of cloud-based solution for auto & healthcare companies
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AI-based claims management solutions are offered for insurance.
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Detailed competitors of MiCology

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Latest news on Micology

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Complete news archive for MiCology

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Frequently Asked Questions about MiCology

MiCology was founded in 2008 and raised its 1st funding round 14 years after it was founded.

MiCology is headquartered in Ipswich, United Kingdom.

MiCology is a funded company, having raised a total of $19.05K across 1 funding round to date.

As of Apr 01, 2024, the latest employee count at MiCology is 24.

Annual revenue of MiCology is $784.68K as on Mar 31, 2022.

Founded in 2008 and based in Ipswich, United Kingdom, MiCology operates in the insurtech sector. A low-code platform is provided for insurance product and process management, allowing creation of custom applications through functional building blocks without coding. Services support digital product launches, scalability, and adaptation to market changes for insurance companies, brokers, and administrators. Industry-standard structuring and hosting accommodate multiple users and varied applications.

MiCology's top competitors include Vitesse, Sprout.ai and omni:us.

MiCology offers MiConnect, Policy Management, Claims Management, Complaints Handling, and MiIdentity.

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