# Internet Pipeline

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/internet-pipeline

- Industry: Software
- Headquarters: Exton, US
- Website: www.ipipeline.com
- Total disclosed funding: $103M
- Latest round: Series B (Jan 18, 2012)
- Investors on record: 4

## About

Internet Pipeline, Inc. is a U.S.-based technology company focused on delivering integrated digital solutions for the life insurance, annuities, and wealth management sectors, enhancing efficiency and operational accuracy for its clients.Founded in 1995, Internet Pipeline, Inc. operates in Exton, US, providing digital solutions for the insurance and wealth management industries. The company was acquired by Roper Technologies, Inc. in August 2019 for USD 1.625 billion from Thoma Bravo. The CEO is Deane Price and notable founders include Bill Atlee and Menashe Rajuan. As of the latest information, the company has completed a total of 5 deals.iPipeline specializes in providing integrated, end-to-end digital solutions tailored for the life insurance, annuities, and wealth management sectors. The company’s core offerings encompass a comprehensive suite of cloud-based software solutions designed to streamline operations, from quoting to commission management. Their flagship products include LifePipe for quoting, iGO for electronic applications, and DocFast for document delivery, all of which automate workflows and improve operational accuracy. iPipeline serves a diverse client base, including over 100 insurance carriers, 2,500 distribution partners, and 500,000 global agents and advisors. Their solutions are strategically marketed across North America and the UK, addressing the needs of carriers, broker-dealers, registered investment advisors (RIAs), and financial institutions by enabling them to enhance efficiency and secure financial futures for the uninsured and underinsured.The revenue structure of iPipeline is anchored in its subscription-based model, allowing clients to access its suite of software solutions. The company engages in B2B transactions primarily, partnering with insurance carriers and financial institutions to implement its services. A typical transaction may involve a carrier subscribing to iPipeline's offerings, which would include tools such as e-application processing and data analytics. Clients pay subscription fees based on the features and scale of their usage, which may include a combination of premium services like integrated e-signature capabilities through the AlphaTrust platform. The extensive client base indicates a robust revenue stream, driven by ongoing partnerships and the adoption of their comprehensive digital solutions across various geographical markets.Following its acquisition by Roper Technologies, Inc. in August 2019, iPipeline aims to leverage its enhanced resources for future growth. The company is focusing on the development of new products and the launch of upcoming features aimed at improving user experience. There are plans to expand its market presence into additional regions, particularly targeting Europe and Asia by 2023. The recent acquisition funding will support these initiatives, enhancing iPipeline's ability to innovate and grow its customer base globally.

## Funding rounds

- Series B, Jan 18, 2012, $71M — TCV, NewSpring, Volition Capital
- Series A, Nov 3, 2009, $12M — NewSpring, Eight Roads Ventures, Volition Capital
- Series A, Jun 28, 2008, $20M — NewSpring, Eight Roads Ventures, Volition Capital

## Investors

- NewSpring (https://capitalatlas.ai/funds/newspring) — Series A, Series B
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series A
- Volition Capital (https://capitalatlas.ai/funds/volition-capital) — Series A, Series B
- TCV (https://capitalatlas.ai/funds/tcv) — Series B