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HomeFinTechThreeFlow: Raises $45M in Series B Funding

ThreeFlow: Raises $45M in Series B Funding

ThreeFlow Raises $45M in Series B Funding

  • The round was led by Accel, with participation from existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners
  • The company intends to use the funds to continue scaling its Benefits Placement System and expand operations
  • Carriers use more consistent workflows to manage active or completed renewals and new business quotes, helping to increase new sales and retention
  • In the past year, premium transaction volume doubled to over $600M, with nearly $1B of premium under management, and broker contracts grew 250%
  • The company now has over 150 broker locations representing 7,600 employer clients, a 330% increase from last year
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