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Comulate raised $20M in a Series B funding round co-led by Bond and Workday to expand its technology offerings and scale operations.

Feb 12, 2025•6 months ago

Amount Raised

$20 Million

Round Type

series b

San FranciscoInsurtechInsuranceFinancial Services

Investors

WorkdayBond

Description

Comulate, a startup developing billing and revenue operations technology for insurance companies, has secured $20 million in a Series B funding round. The investment will help used to expand its technology offerings and scale operations.

Company Information

Company

Comulate

Location

San Francisco, California, United States

About

Comulate is the technology company leveraging AI to transform the insurance industry. Powering dozens of the largest insurance brokers, Comulate’s category-defining accounting automation eliminates 90%+ of manual work, creating a radically exciting future for the insurance back office.

FundzWatch™ Score

85
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech