Paperless Solutions Group

Gainesville, United States Founded: 1998 • Age: 28 yrs Acquired By MIB
Digital insurance software solutions are provided for insurers.
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About Paperless Solutions Group

Paperless Solutions Group is a company based in Gainesville (United States) founded in 1998 by Thomas Lane was acquired by MIB in November 2020.. Paperless Solutions Group offers products and services including eValuate, eApplication, eRequirement, eXpedite, and eValuate PLUS. Paperless Solutions Group operates in a competitive market with competitors including Box, Acquia, M-Files, PandaDoc and Automattic, among others.

  • Headquarter Gainesville, United States
  • Founders Thomas Lane
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    MIB

    (Nov 30, 2020)

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Products & Services of Paperless Solutions Group

Paperless Solutions Group offers a comprehensive portfolio of products and services, including eValuate, eApplication, eRequirement, eXpedite, and eValuate PLUS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Reduces cycle times and boosts policy placement in insurance.

Streamlines insurance application processes for efficiency.

Increases throughput and placement for insurance requirements.

Accelerates insurance workflows and document handling.

Enhances eValuate features for comprehensive insurance analysis.

Funding Insights of Paperless Solutions Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Paperless Solutions Group

Paperless Solutions Group has secured backing from 1 investor. Prominent investors backing the company include MIB. 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.

All
Investor Description Founded Year Domain Location
MIB is engaged in providing data solutions for the life insurance industry.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Paperless Solutions Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Paperless Solutions Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Paperless Solutions Group Comparisons

Employees
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Competitors of Paperless Solutions Group

Paperless Solutions Group 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 Box, Acquia, M-Files, PandaDoc and Automattic, 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
AI-based platform for secure collaboration and content management is utilized.
domain founded_year HQ Location
AI powered digital experience and customer data management platform
domain founded_year HQ Location
Documents are managed and automated for enterprise knowledge work.
domain founded_year HQ Location
Document workflows are automated and managed for sales teams.
domain founded_year HQ Location
Automattic is engaged in developing web and messaging solutions.
domain founded_year HQ Location
Contract lifecycle management is facilitated via a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Paperless Solutions Group

Frequently Asked Questions about Paperless Solutions Group

When was Paperless Solutions Group founded?

Paperless Solutions Group was founded in 1998.

Where is Paperless Solutions Group located?

Paperless Solutions Group is headquartered in Gainesville, United States.

Who is the current CEO of Paperless Solutions Group?

Thomas Lane is the current CEO of Paperless Solutions Group. They have also founded this company.

What does Paperless Solutions Group do?

Paperless Solutions Group was founded in 1998 and is based in Gainesville, United States. Digital software solutions for the insurance sector are developed and offered by the company. These include tools for voice signature and e-signature processes. A web-based form system is also provided to support online sales operations for insurers.

Who are the top competitors of Paperless Solutions Group?

Paperless Solutions Group's top competitors include Box, Acquia and Conga.

What products or services does Paperless Solutions Group offer?

Paperless Solutions Group offers eValuate, eApplication, eRequirement, eXpedite, and eValuate PLUS.

Who are Paperless Solutions Group's investors?

Paperless Solutions Group has 1 investor. Key investors include MIB.

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