Spraoi

Ardmore, United States Founded: 2018 • Age: 8 yrs Acquired By FINEOS
Cloud-based software solutions for insurance sales and distribution are provided.
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About Spraoi

Spraoi is a company based in Ardmore (United States) founded in 2018 by Karan Mishra, Matthew O’Mara, and Santoash Rajaram was acquired by FINEOS in May 2021.. Spraoi operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.

  • Headquarter Ardmore, United States
  • Founders Karan Mishra, Matthew O’Mara, Santoash Rajaram
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Spraoi Software Development Servicesprivate Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $646.87 K (USD)
    4
    as on Mar 31, 2022
  • Net Profit
    $63.24 K (USD)
    123
    as on Mar 31, 2022
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    FINEOS

    (May 05, 2021)

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Funding Insights of Spraoi

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 Spraoi

Spraoi has secured backing from 1 investor. Prominent investors backing the company include FINEOS. 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
Insurance quoting and underwriting solutions for the life and health 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 Spraoi

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 - Spraoi

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

Spraoi Comparisons

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Competitors of Spraoi

Spraoi 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 Noyo, Px, GoHealth, Zelros and Joshu, 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
Insurance data exchange and benefit administration solutions for employers
domain founded_year HQ Location
Lead exchange platform is operated as SaaS for advertisers.
domain founded_year HQ Location
Healthcare insurance solutions are offered via a digital platform.
domain founded_year HQ Location
AI-based solutions for insurance sales and marketing are provided.
domain founded_year HQ Location
Digital distribution and sales solutions for insurance carriers are provided.
domain founded_year HQ Location
Provider of automated sales and commission payment platform for insurance and financial products
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 Spraoi

Frequently Asked Questions about Spraoi

When was Spraoi founded?

Spraoi was founded in 2018.

Where is Spraoi located?

Spraoi is headquartered in Ardmore, United States. It is registered at Ardmore, Oklahoma, United States.

Who is the current CEO of Spraoi?

Matthew O’Mara is the current CEO of Spraoi. They have also founded this company.

What is the annual revenue of Spraoi?

Annual revenue of Spraoi is $646.87K as on Mar 31, 2022.

What does Spraoi do?

Spraoi was founded in 2018 and is based in Ardmore, United States. Cloud-based software solutions for insurance sales and distribution are developed. Kwikcover is offered as a microservices-based portal application handling sales, service, and claims to support direct-to-consumer models. The Insurance Machine Learning Suite is also provided, incorporating algorithms for data analytics in the insurance sector.

Who are the top competitors of Spraoi?

Spraoi's top competitors include Zelros, GoHealth and Px.

Who are Spraoi's investors?

Spraoi has 1 investor. Key investors include FINEOS.

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