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Fenris Digital Announces $2.7M Investment To Modernize Insurance And Financial Applications

Apr 07, 2021•over 4 years ago

Amount Raised

$2.7 Million

Round Type

seed

Richmond

Description

Insurance technology company Fenris raised $2.7 million in new funding. Fenris, a data and analytics company focused on streamlining and modernizing the process of quoting insurance products, will use this funding to meet the growing demand from clients for its API-delivered insights and data, with a strong focus on expanding its sales and marketing resources.

Company Information

Company

Fenris

Location

Richmond, Virginia, United States

About

As an industry leader in data sourcing technology, Fenris leverages alternative data and machine learning to enable instant insight and enrichment on every applicant and policyholder. Fenris' suite of API-delivered solutions is focused on Applicant Scoring for propensity to buy and LTV, Data Enrichment and Pre-fill for friction-free quoting workflows, and Life Event Monitoring to identify key retention and upsell moments. Our well-established data repositories include 255+ million people, 130+ million households, 30+ million small businesses, and complete coverage of all properties in the U.S.

FundzWatch™ Score

Medium Activity