About Torrent Technologies
Torrent Technologies is a company based in Kalispell (United States) founded in 2005 was acquired by Marsh in October 2014. It operates as a Professional Services and B2B2C. Torrent Technologies has raised $8.31 million across 2 funding rounds from investors including Marsh. The company has 94 employees as of December 31, 2022. Torrent Technologies offers products and services including TorrentFlood, GetFlood, and ManageFlood. Torrent Technologies operates in a competitive market with competitors including Wefox, Zywave, Stubben Edge, Keystone Agency Partners and Sixfold, among others.
- Headquarter Kalispell, United States
- Employees 94 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
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- Legal Name Torrent Technologies Llc
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Products & Services of Torrent Technologies
Torrent Technologies offers a comprehensive portfolio of products and services, including TorrentFlood, GetFlood, and ManageFlood.
Flagship flood insurance product offered by Torrent Technologies.
Flood insurance solution provided for various property types.
Service for managing flood insurance policies and claims.
People of Torrent Technologies
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Funding Insights of Torrent Technologies
Torrent Technologies has successfully raised a total of $8.31M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in October 2010. 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.
Investors in Torrent Technologies
Torrent Technologies has secured backing from 1 investor. Prominent investors backing the company include Marsh.
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Marsh is recognized as a global leader in insurance broking and risk management.
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Investor details for Torrent Technologies
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Investments & Acquisitions by Torrent Technologies
Investment portfolio details for Torrent Technologies
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Financial Statements - Torrent Technologies
Detailed financials for Torrent Technologies
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Torrent Technologies Comparisons
Peer comparison for Torrent Technologies
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Competitors of Torrent Technologies
Torrent 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 Wefox, Zywave, Stubben Edge, Keystone Agency Partners and Sixfold, among others.
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App-based P&C insurance comparison platform for individuals
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Cloud-based agency management solutions are provided for the insurance industry.
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Cloud-based management solutions are provided for insurance brokers.
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Insurance agency management solutions are provided to the industry.
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AI-based generative tools provider for insurance underwriters
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App-based management solutions for insurance agents are offered.
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Detailed competitors of Torrent Technologies
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Latest news on Torrent Technologies
Complete news archive for Torrent Technologies
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Frequently Asked Questions about Torrent Technologies
Torrent Technologies was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Torrent Technologies is headquartered in Kalispell, United States. It is registered at Kalispell, Montana, United States.
Torrent Technologies is a funded company, having raised a total of $8.31M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Torrent Technologies is 94.
Torrent Technologies is focused on transforming the flood insurance landscape through innovative private market products and technology. Solutions are designed to protect individuals, homeowners, renters, and businesses from flooding impacts. The company complements offerings from the National Flood Insurance Program (NFIP) with comprehensive options. Expertise in flood risk, customer experience, and market understanding is utilized to empower clients with resources. Contemporary technologies and simplified processes are applied to enhance service delivery. As a business of Marsh McLennan, Torrent supports Write Your Own (WYO) companies and agents in policy issuance and claims processing.
Torrent Technologies's top competitors include Wefox, Stubben Edge and Agentero.
Torrent Technologies offers TorrentFlood, GetFlood, and ManageFlood.
Torrent Technologies has 1 investor. Key investors include Marsh.