InsurePay Secures $5 Million Series A Investment Round Led by FINTOP Capital
Leading workers comp billing platform allows insurance providers to build a best-in-class solution for their policyholders
News provided by
Share this article
Share this article
SARASOTA, Fla., Feb. 17, 2021 /PRNewswire/ InsurePay, a workers compensation administration and insurance premium billing platform for insurance providers, announced today that it has completed a $5 million Series A round of financing. Nashville-based venture capital firm FINTOP Capital led the round with participation from a number of other strategic industry investors. The funds will help the company aggressively expand its sales and marketing efforts, accelerate product investments, and support the addition of new, veteran personnel to the team.
U.S. Insurtech InsurePay Captures $5 Million Through Series A Funding Round Led By FINTOP Capital
InsurePay, a U.S.-based workers’ compensation administration and insurance premium billing platform for insurance providers, announced on Wednesday it raised $5 million through its Series A investment round, which was led by FINTOP Capital.
Founded in 2003, InsurePay claims it delivers world-class solutions in the workers’ compensation administration and insurance premium billing space designed to create opportunities and drive efficiencies for our partners and clients.
“We have earned the position as a leading provider of Pay-As-You-Go (PayGo) workers’ compensation billing due to our simple, accurate and flexible approach to delivering this beneficial payment option for carriers, agents, payroll providers and policyholders. InsurePay has streamlined the delivery of policyholder, payroll and premium data by utilizing a Software-as-a-Service (SaaS) model and connecting with