Finaeo
Latest round
- Seed
Last raised
- Sep 2017
Total raised
- $2.3M
Investors
- 4
About Finaeo
Finaeo Inc.Finaeo Inc. was founded in 2016 in Toronto, Canada. The company specializes in providing a digital platform for independent life insurance brokers, allowing them to access insurance carriers and streamline their sales processes.Finaeo operates as a digital marketplace designed to empower independent life insurance brokers. Its core product offerings include a comprehensive platform that enables brokers to access top-tier insurance carriers, conduct in-depth product comparisons, generate quotes instantly, and initiate client applications directly within the marketplace. The platform is responsive, functioning seamlessly across mobile, tablet, and desktop devices. Key features include digital onboarding for insurance buyers, customizable Financial Needs Assessments (FNAs), secure document sharing, and robust contact management, aimed at streamlining the insurance sales process.Finaeo generates revenue through its digital marketplace, facilitating transactions primarily between brokers and insurance carriers. The company's business model incorporates subscription-based access for brokers to utilize its platform, which includes features such as product comparisons and document management. Additionally, Finaeo may establish partnerships with insurance carriers to enhance product availability and distribution. The revenue structure supports B2B interactions and direct-to-consumer operations, although specific pricing plans for individual services have not been disclosed.Finaeo is focused on enhancing its platform and expanding its offerings to support independent brokers more effectively. Furthermore, Finaeo aims to expand its services into new markets across North America and potentially beyond.
Who invested in Finaeo
4 investors across 1 round
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Funding rounds
Seed
Sep 5, 2017
Amount
$2.3M
Investors
Questions about Finaeo
Who invested in Finaeo?
Finaeo has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Finaeo raised?
Finaeo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Finaeo last raise money?
Finaeo's most recent round on record is a Seed, in Sep 2017.
What does Finaeo do?
Finaeo is a software company.
Where is Finaeo headquartered?
Finaeo is headquartered in Toronto, Canada.
Which VCs invest in companies like Finaeo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Finaeo's stage. Their profiles are linked below.
VCs backing software startups at Seed
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