# Quantemplate Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quantemplate-technologies

- Industry: Software
- Headquarters: London, UK
- Website: www.quantemplate.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 12, 2017)
- Investors on record: 7

## About

Quantemplate Technologies Limited is an innovative company that automates insurance data management, providing advanced solutions to transform fragmented data into strategic insights for clients across the insurance sector.Founded in 2012, Quantemplate Technologies Limited specializes in insurance data automation, focusing on developing software solutions for the insurance industry. The company is headquartered in London, UK, and has completed a total of 6 deals, with its most recent funding round occurring on October 16, 2019. Quantemplate raised USD 12 mn in venture funding co-led by Route 66 Ventures and Transamerica Ventures, with participation from Allianz X, Anthemis Group, and Insight Catastrophe Group, LLC. The founder's history and previous companies have yet to be disclosed.Quantemplate specializes in insurance data automation, offering a suite of products aimed at transforming fragmented insurance data into actionable insights. The core functionalities of the Quantemplate SaaS platform include comprehensive data preparation services such as Bordereaux Management, MGA Reporting, Exposure Management, Fleet Auto, Aggregation, and Clash management. This platform empowers insurance companies to streamline their data processes, enhancing reporting accuracy and efficiency while reducing operational costs. Quantemplate caters to a diverse client base within the insurance sector, including Managing General Agents (MGAs), Coverholders, and Cedants, facilitating data harmonization and automation to unlock strategic value across the industry. The company’s services are utilized by clients in various geographical markets, including North America and Europe, positioning them to address a broad array of data challenges faced by the global insurance community.Quantemplate generates revenue primarily through subscription-based models for its SaaS platform, which enables clients to automate and integrate their insurance data management processes. Clients engage with Quantemplate by selecting tailored subscription plans that suit their specific data needs, resulting in a predictable transaction structure. The firm’s offerings, such as Bordereaux Management and Exposure Management, form a vital part of the value proposition for clients, who benefit from enhanced operational efficiencies and improved decision-making capabilities. These services are designed to provide significant ROI by reducing the costs associated with data preparation and management across the insurance lifecycle. Specific pricing structures for these services are set according to client requirements, ensuring alignment with the diverse needs of their customer base while delivering substantial value.Quantemplate aims to leverage its recent funding of USD 12 mn raised in October 2019 to enhance its product offerings and expand into new markets. The company plans to launch new features within its SaaS platform, focusing on further automating data processes by the end of 2023. Additionally, Quantemplate is targeting expansion into the Asia-Pacific region, with a goal to establish a presence there by 2025. The firm intends to utilize the recent funding to support these initiatives and facilitate the development of new products as well as market entry strategies.

## Funding rounds

- Series A, Dec 12, 2017, $3.4M — Anthemis, Route 66 Ventures, Columbia Lake Partners, Transamerica Ventures, Allianz X
- Series A, Aug 5, 2015, $8.1M — Anthemis, Techstars, Route 66 Ventures, Transamerica Ventures, Allianz X
- Seed, Jul 8, 2014 — Anthemis
- Seed, Jul 2, 2013, $0M — Techstars
- Seed, Jun 24, 2013, $2.1M — Burlington Capital Group, Techstars

## Investors

- Burlington Capital Group (https://capitalatlas.ai/funds/burlington-capital-group) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed, Series A
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed, Series A
- Route 66 Ventures (https://capitalatlas.ai/funds/route-66-ventures) — Series A
- Transamerica Ventures (https://capitalatlas.ai/funds/transamerica-ventures) — Series A
- Allianz X (https://capitalatlas.ai/funds/allianz-x) — Series A
- Columbia Lake Partners — Series A