Tech Company Financing Transactions
FINEOS Funding Round
FINEOS, based in Atlanta, scored $2.2 million in investment from private investors.
Transaction Overview
Company Name
Announced On
8/18/2023
Transaction Type
Amount
$2,175,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth and expansion leading up to full commercial launch further enabled by appointment of CCO Paul Steinberg.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
756 W Peachtree St NW
Atlanta, GA 30308
USA
Atlanta, GA 30308
USA
Phone
Undisclosed
Website
Email Address
Overview
FINEOS is a global software company providing modern customer-centric core software to the Employee Benefits and Life, Accident and Health industry. We help our customers move on from outdated legacy administration systems to our modern purpose built, customer-centric core product-suite, FINEOS AdminSuite for New Business, Billing, Claims, Absence and Policy Administration, enabling improved operational efficiency, increased effectiveness and excellent customer care. FINEOS AdminSuite is designed to manage the modern complex structures and relationships of group and individual insurance processing to optimize plan, coverage and data management, operational processing, and business intelligence (BI).
Management Team
Title
Name
Email & Social
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