Announced
Completed
Financials
Tags
Minority
Completed
Venture Capital
Israel
Acquisition
Cross Border
insurance software
Private
Friendly
Software
Private Equity
Single Bidder
analytics solutions
Synopsis
Insight Partners led a $75m funding round in Earnix, which provides advanced insurance software, banking analytics and customer analytics software, with participation from JVP, Vintage Partners and Israel Growth Partners. "Earnix offers a differentiated, true SaaS product in a market riddled with custom development and services. Customers across Insurance and Banking have a strong mandate to adopt new technologies and related processes so as to remain competitive. Earnix is uniquely positioned to capture this demand to the benefit of their customers and the end consumers. Earnix represents one of the most important core systems an insurer or bank will procure in the coming years. With our unparalleled ScaleUp resources, we look forward to partnering with the company to meet its growth plans in the coming years," Jonathan Rosenbaum, Insight Partners Principal.
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