Tech Company Financing Transactions
Insureon Funding Round
Insureon closed a $31 million investment round on 10/22/2015. Investors included Oak HC/FT and Accretive Technology Partners.
Transaction Overview
Company Name
Announced On
10/22/2015
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Undisclosed
Investors
Oak HC/FT (Lead Investor) (Patricia Kemp)
Accretive Technology Partners (Edgar Bronfman)
Proceeds Purpose
The financing will enable Insureon to increase its technology development and enhance its sales and marketing activities targeting small businesses, which employ more than 50% of the U.S. workforce yet often lack the tools, resources and scale of larger companies to acquire commercial business insurance and employer insurance.
Company Information
Company Status
Acquired or Merged
Industry
InsureTech
Mailing Address
30 N LaSalle 2500
Chicago, IL 60602
USA
Chicago, IL 60602
USA
Phone
Website
Email Address
Overview
Insureon is the nation's premier online small business insurance agency. With us, you enjoy the speed, ease, and convenience of the web, but you also enjoy the peace of mind of industry-leading customer service. When you choose insureon, you work with one agent for the life of your policy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Kazan
Chief Operating Officer
Jeana Deninger
Chief Technical Officer
Yuri Ter-Saakyants
VP - Bus. Development
Jeffrey Kroeger
VP - Human Resources
Jeanette Johnson
VP - Product Management
Steve Lorenc
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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