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Deposify flipped by private equity firm in multimillion-dollar deal

Insuretech firm is sold on by Sunriver Ventures just 11 months after it was acquired

20 success stories from a decade of Irish start-ups in the spotlight

Dublin-founded Deposify acquired by US private equity firm

Founded in 2014, Deposify took its software platform to the US market with backing from Bank of Ireland and Enterprise Ireland.

Irish-founded Deposify sold to US private equity firm

‘Escrow as a service’ platform established in 2014

Tweet fuels new start-up that plans to disrupt insurance sector

Tweet fuels new start-up that plans to disrupt insurance sector Life & Provide has been founded by the same team who set-up Irish fintech Deposify about 6 hours ago   Plenty of people take to social media to complain about service but not many of us make good on their threats to do something about it. Entrepreneur Jon Bayle is different though. Having gone on Twitter late last year to give out about how frustrating it is trying to obtain life insurance, he duly went out the next day and set up a new business to address the problem. “Life insurance is f ked up, especially as you get older (like me). And a nightmare if you’ve anything other than a vanilla medical history. I think I’m going to build something to try fix that,” Mr Bayle said in a tweet posted in in November.

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