HomeFinTechThreeFlow: Raises $45M in Series B Funding

ThreeFlow: Raises $45M in Series B Funding

Date:

CastellumAI Raises $8.5M to Revolutionize AI in Real Estate

Empowering Real Estate with Innovative Artificial Intelligence Solutions Highlights: CastellumAI...

Revolut Launches Stocks and Shares ISAs and ETF Investment Options

Unlocking New Investment Opportunities for UK Savers with Innovative...

Monzo Fined £2.1 Million for AML Compliance Failures

A Closer Look at Monzo's Regulatory Setback and Its...

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
Exit mobile version