{"id":1299,"date":"2016-06-01T19:13:23","date_gmt":"2016-06-01T16:13:23","guid":{"rendered":"https:\/\/insly.com\/?p=1299"},"modified":"2023-08-18T11:41:35","modified_gmt":"2023-08-18T08:41:35","slug":"insly-raised-a-seed-round-of-1m","status":"publish","type":"post","link":"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/","title":{"rendered":"Insly raised a seed round of \u20ac1M"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p><b>Insly, global SaaS solution for insurance brokers and agents, raised a seed round of \u20ac1M.<\/b><br \/>\nA software company established one and a half years ago through spin-off from an Estonian broker company, raised a seed round of 950 000 EUR with numerous angel investors from UK, USA, Estonia, Switzerland and Germany participating in that round.<br \/>\nInsly is the only global SaaS solution for insurance brokers and agents. Customizable cloud-based solution helps to manage clients, policies, objects and payments and offers an easy sales workflow for both the client as well as for the salesperson.<br \/>\nRecent investment will mostly be used for strengthening the company\u2019s development team and for mapping out new potential markets for growth.<br \/>\n\u201cThe most important achievement of us is the breakthrough to London insurance market. Our sales team has managed to sell cloud based software to most conservative customers \u2013 London insurance brokers. They walk around Lloyd\u2019s of London with slipcase full of papers and do business mostly based on trust. And now many of them have decided to move all of their core business to cloud and this is really proven to be a right decision for them. This is huge achievement for our sales team and, of course, an important recognition for our product developers,\u201d commented Mr Risto Rossar, CEO and founder of Insly.<br \/>\nInsly employs 30 people in offices in London, Tallinn, Minsk, Warsaw and Vilnius. Company\u2019s revenue in 2015 was 870 000 EUR and it\u2019s growing rapidly reaching at least 1.6 million in 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insly, global SaaS solution for insurance brokers and agents, raised a seed round of \u20ac1M. A software company established one and a half years ago through spin-off from an Estonian broker company, raised a seed round of 950 000 EUR with numerous angel investors from UK, USA, Estonia, Switzerland and Germany participating in that round. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":1685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[23],"tags":[106,105,18,68,69,26,122],"class_list":["post-1299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ens-product","tag-automated-insurance","tag-future-of-insurance","tag-insly","tag-insurance-agency-software","tag-insurance-broker-software","tag-insurance-innovation","tag-software-as-a-service"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insly raised a seed round of \u20ac1M - Insly<\/title>\n<meta name=\"description\" content=\"Insly, global SaaS solution for insurance brokers and agents, raised a seed round of \u20ac1M.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insly raised a seed round of \u20ac1M - Insly\" \/>\n<meta property=\"og:description\" content=\"Insly, global SaaS solution for insurance brokers and agents, raised a seed round of \u20ac1M.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/\" \/>\n<meta property=\"og:site_name\" content=\"Insly - Design &amp; deliver insurance products\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inslycom\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-01T16:13:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-18T08:41:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insly.com\/wp-content\/uploads\/2016\/06\/insly_insurance_solution_for_brokers_and_agents-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"639\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mohammadreza Gharaeiyan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@insly_com\" \/>\n<meta name=\"twitter:site\" content=\"@insly_com\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohammadreza Gharaeiyan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/\"},\"author\":{\"name\":\"Mohammadreza Gharaeiyan\",\"@id\":\"https:\/\/insly.com\/en\/#\/schema\/person\/950c68d1ff5bf7ef863ec7ad752aa8e5\"},\"headline\":\"Insly raised a seed round of \u20ac1M\",\"datePublished\":\"2016-06-01T16:13:23+00:00\",\"dateModified\":\"2023-08-18T08:41:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/\"},\"wordCount\":253,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insly.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/insly.com\/en\/blog\/insly-raised-a-seed-round-of-1m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insly.com\/wp-content\/uploads\/2016\/06\/insly_insurance_solution_for_brokers_and_agents-1.png\",\"keywords\":[\"Automated insurance\",\"Future of insurance\",\"Insly\",\"Insurance agency software\",\"Insurance broker software\",\"insurance innovation\",\"software as a service\"],\"articleSection\":[\"Insly News &amp; 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