How much funding has Vertafore raised?

Vertafore has raised $1.4B in total funding, most recently a Private Equity round.

Who are Vertafore's investors?

Vertafore's investors include Roper Technologies, Bain Capital Private Equity, TPG (Growth/Rise), Hellman & Friedman, Vista Equity Partners, JMI Equity.

Where is Vertafore headquartered?

Vertafore is headquartered in Denver, Colorado, United States.

How many employees does Vertafore have?

Vertafore has 1001-5000 employees.

Vertafore

Acquired

Powering your possible.

Denver, United States · Founded 1969 · $1.4B raised

Headquarters: Denver, Colorado
Employees: 1001–5000
Founded: 1969
Business Model: B2B

Website: vertafore.com
Total Funding: $1.4B
Last Round: $1.4B Private EquityMay 2016
Rounds: 3

About

Vertafore, Inc. is an insurance technology company founded in 1969 and headquartered in Denver, Colorado. The company is the technology backbone of the U.S. insurance distribution industry, providing purpose-built software systems to independent agents, carriers, and managing general agents (MGAs). Its flagship products include AMS360 and QQCatalyst (agency management systems), Sircon (producer licensing and compliance), PL Rating and Commercial Submissions (rating and quoting), ImageRight (workflow management), RiskMatch (analytics and market intelligence), and AgencyZoom (client engagement). Vertafore's platform serves 98 of the top 100 insurance agencies and 96 of the top 100 carriers in the United States, handling over 200 million annual rating transactions and 50% of all industry producer-compliance transactions. The company has over 950 engineers and 1,000+ open APIs connecting its ecosystem of 50+ partners. Vertafore was acquired by private equity firm TPG Capital and Welsh, Carson, Anderson & Stowe in 2016, and subsequently acquired by Roper Technologies (Nasdaq: ROP) in 2020 for approximately $5.35 billion. The company employs between 1,001 and 5,000 people across offices in Denver, Colorado; East Lansing, Michigan; Pulaski, Tennessee; Montreal, Canada; and Hyderabad and Ahmedabad, India.

Summary

Vertafore is a company based in Denver, United States, founded in 1969. It has raised $1.4B in total across 3 rounds, most recently a $1.4B Private Equity round in May 2016. Investors include Roper Technologies, Bain Capital Private Equity and TPG (Growth/Rise).