PragmatIC Semiconductor Secures $80 Million Funding
19 Oct, 2021
– InsurePay, a Sarasota, Fla.-based workers’ compensation administration and insurance premium billing platform for insurance providers, completed a $5m Series A financing.
– The round was led by Fintop Capital with participation from other strategic industry investors. In conjunction with the funding, Joe Maxwell, managing partner at Fintop Capital, and Rick Holton, general partner at Fintop Capital, will join the InsurePay board.
– The new investment will be used to expand its sales and marketing efforts, accelerate product investments, and support the addition of new veteran personnel to the team.