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Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
11-50
Company Stage
Series B
Total Funding
$21.4M
Headquarters
Hopkinton, Iowa
Founded
2015
Veruna provides a cloud-based Agency Management System (AMS) specifically designed for independent insurance agencies. Built on the Salesforce platform, Veruna's system allows users to manage their operations from any device, offering features like real-time data insights, customizable dashboards, and reports. This enables agencies to make informed decisions quickly and stay ahead of industry trends. Unlike many competitors, Veruna operates on a Software-as-a-Service (SaaS) model, where clients subscribe to access the software, ensuring they receive continuous updates and support. The goal of Veruna is to empower insurance agencies by enhancing their operational efficiency and customer engagement through modern digital solutions.
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Total Funding
$21.4M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Veruna launches Quote Hero: A revolutionary two-way quoting solution for independent insurance brokers and agents.
A few weeks after announcing their partnership, small commercial insurance technology provider, Bold Penguin, and Veruna, a leading insurance Agency Management System (AMS) platform, have extended their industry leading integration. Agents launching a commercial insurance application from Veruna now have the option to retrieve application data and returned quotes directly in their AMS platform, resulting in a truly embedded experience.Typically, integrations between an AMS and rating solutions simply bridge application data to start the quoting process, leaving valuable customer insights to reside outside the agent’s AMS platform. This innovative integration delivers an optimized submission, quoting, and renewal experience, providing agents the data they need, where they need it, to maximize efficiency and close rate in both their quoting platform and AMS.“Agencies are continually looking for ways to increase efficiency in order to fortify their relationships and grow their business. Veruna and Bold Penguin have a shared vision to empower insurance agents, so the partnership is a natural extension to bring that vision to life,” said Chris Kessler, Vice President of Corporate Development for Bold Penguin. “Small business owners can continue to lean on expert guidance from agents using the Terminal quote and bind platform, with Veruna’s agency management system to protect their investments seamlessly and efficiently.”Leaders in the fieldFounded by insurance agents for insurance agents, Bold Penguin is dedicated to simplifying small commercial insurance. Since 2016, Bold Penguin has powered over 6M quote applications and $5B+ in premium.Veruna empowers thousands of U.S
Leading all-in-one-CRM-AMS built on Salesforce for Independent Agents SaaS Provider Secures Series B Fundraising
Veruna, developer of the insurance industry's leading technology solution for independent agents, announced that the company has joined Guidewire's Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider Guidewire (NYSE: GWRE). The program helps insurers learn about the newest insurtechs and how best to leverage them to improve operating results. "Our vision is to empower independent insurance businesses and drive transformative change in the industry," said Jennifer Carroll, CEO, Veruna. "The Guidewire Insurtech Vanguards program is advancing this same vision by connecting promising businesses with today's most innovative solution providers, so we're excited to be recognized for inclusion in this elite group of insurtech leaders."
Veruna.com now features an updated design, new interactive functionality to better reflect the company's innovative approach to technology. Veruna, developer of the insurance industry's leading technology solution for independent agents, is pleased to announce the launch of a new company website. The site, which has been wholly redesigned and enhanced with new functionality and content, is accessible now at www.veruna.com
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Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
11-50
Company Stage
Series B
Total Funding
$21.4M
Headquarters
Hopkinton, Iowa
Founded
2015
Find jobs on Simplify and start your career today