Veruna

Boston, United States Founded: 2015 • Age: 11 yrs
Agency management software is offered for insurance agents.
Annual revenue - Latest available
Total funding $15.1M 4 rounds
Employees 45 Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Veruna

Veruna is a company based in Boston (United States) founded in 2015. Veruna has raised $15.1 million across 4 funding rounds from investors including Guidewire, Keystone Insurers Group and Berkeley Ventures. The company has 45 employees as of December 31, 2023. Veruna offers products and services including Veruna CRM, Agency Management System, Quote Hero, Client Experience Center, and Accounting and Billing Module. Veruna operates in a competitive market with competitors including Wefox, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold, among others.

  • Headquarter Boston, United States
  • Employees 45 as on 31 Dec, 2023
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Veruna Llc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15.1 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
    Guidewire

    & 5 more

  • Employee Count
    45

    as on Dec 31, 2023

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Products & Services of Veruna

Veruna offers a comprehensive portfolio of products and services, including Veruna CRM, Agency Management System, Quote Hero, Client Experience Center, and Accounting and Billing Module.

Product name locked
Category locked
Primary

Manages sales and client interactions for insurance agencies.

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Handles workflows and servicing for insurance brokers and agencies.

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Facilitates quick quote generation for insurance products.

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Provides mobile-friendly self-service options for clients.

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Manages GAAP-compliant accounting and commission tracking.

People of Veruna

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Joan Ditmar
Consultant
People
Erica Akroyd
Vice President, Customer Success And Support
People
Elizabeth Todd, CSM
Project Manager
People
Arvin Pasricha
Board Advisor

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Funding Insights of Veruna

Veruna has successfully raised a total of $15.1M across 4 strategic funding rounds. 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 Veruna

Veruna has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Guidewire, Keystone Insurers Group and Berkeley Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startup incubator
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Cloud-based platform for property and casualty insurance is provided.
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Insurance solutions are provided for personal and commercial needs by CoVerica.
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Investor details for Veruna

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Investments & Acquisitions by Veruna

Investments
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Investment portfolio details for Veruna

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Financial Statements - Veruna

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Detailed financials for Veruna

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Veruna Comparisons

Veruna Primary company
Description
Agency management software is offered for insurance agents.
Location
Boston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
45
As of 2023
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Peer comparison for Veruna

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Competitors of Veruna

Veruna 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, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold, among others.

Company Name Domain Founded year HQ Location Description
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App-based P&C insurance comparison platform for individuals
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Cloud-based management solutions are provided for insurance brokers.
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Cloud-based agency management solutions are provided for the insurance industry.
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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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SME insurance portfolios are managed via an online broker platform.
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Detailed competitors of Veruna

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Latest news on Veruna

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Complete news archive for Veruna

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Frequently Asked Questions about Veruna

Veruna was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Veruna is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Veruna is a funded company, having raised a total of $15.1M across 4 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Veruna is 45.

Veruna was founded in 2015 and is headquartered in Boston, United States. As a SaaS platform, it serves the insurance sector by providing tools for sales management, lead generation, pipeline reporting, marketing automation, document management, and accounting. Additional features include workflow management and automated back-end processes to support agency operations.

Veruna's top competitors include Wefox, Stubben Edge and Agentero.

Veruna offers Veruna CRM, Agency Management System, Quote Hero, Client Experience Center, and Accounting and Billing Module.

Veruna has 6 investors. Key investors include Guidewire, Keystone Insurers Group, Berkeley Ventures, The Institutes, and CoVerica.

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