Tech Company Financing Transactions
InsurePay Funding Round
On 2/26/2021, InsurePay raised $5 million in Series A financing from FINTOP Capital and private investors.
Transaction Overview
Company Name
Announced On
2/26/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
FINTOP Capital (Lead Investor) (Joseph Maxwell)
Proceeds Purpose
The company intends to use the funds to expand its sales and marketing efforts, accelerate product investments, and support the addition of new, veteran personnel to the team.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
110 Front St. 300
Jupiter, FL 33477
USA
Jupiter, FL 33477
USA
Phone
Website
Email Address
Overview
InsurePay was founded in 2003 by experts in the insurance industry who set out to build innovative solutions that could transform how carriers manage workers' compensation insurance billing. Today, InsurePay processes more online Pay-As-You-Go billings than any other independent services company in the world.
Management Team
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