# Slope Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/slope-software

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.slopesoftware.com
- Total disclosed funding: $3M
- Latest round: Seed (Jun 10, 2021)
- Investors on record: 4

## About

Slope Software, Inc. is an innovative company specializing in cloud-native financial projection solutions tailored for the actuarial community, enhancing modeling efficiency and data management.Founded in 2015 and headquartered in Atlanta, US, Slope Software, Inc. offers a platform specifically for actuarial modeling. The company has successfully completed three funding deals, with the latest being a Seed round in June 2021, raising USD 2.000 mn led by Tech Square Ventures, along with notable investors like Alerion Ventures and Charlotte Angel Fund. The company was co-founded by Andy Smith, who serves as CEO.Slope Software’s core offering is the SLOPE platform, a cloud-native financial projection ecosystem designed specifically for the actuarial community. This platform streamlines the process of actuarial modeling by enabling users to develop, manage, and analyze complex financial projections with enhanced speed and flexibility. Key functionalities include code-free visual model development, real-time formula validation, and a pre-built library of assets and liabilities, significantly reducing the time needed for model creation and maintenance. Slope serves a diverse customer base, including actuaries in sectors such as life insurance, annuities, pensions, and long-term care, spanning markets primarily in North America, Europe, and Asia.Slope Software generates revenue primarily through a subscription-based model that offers access to its flagship product, the SLOPE platform. Customers, including financial service organizations and actuaries, engage with the platform on a recurring basis, which facilitates ongoing updates and support. The transaction structure promotes an efficient B2B relationship, allowing clients to integrate their existing data sources directly into the SLOPE platform without the need for file conversion. This seamless integration enhances the user experience and fosters long-term partnerships. Specific pricing plans for various tiers of service are tailored to the needs of different organizations, ensuring that clients can choose the level of access and features that best suit their operational requirements.In June 2021, Slope Software, Inc. raised USD 2.000 mn in Seed funding to expand operations and its business reach. The company plans to develop new products aimed at further enhancing the SLOPE platform, though specific release dates have not been disclosed. Additionally, Slope Software is targeting expansion into new markets in Asia and Europe by 2023, leveraging the recent funding to bolster its growth initiatives.

## Funding rounds

- Seed, Jun 10, 2021, $2M — Tech Square Ventures, Alerion Ventures, Cofounders Capital, Charlotte Angel Fund
- Seed, Jan 29, 2020, $1M — Cofounders Capital

## Investors

- Cofounders Capital (https://capitalatlas.ai/funds/cofounders-capital) — Seed
- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Seed
- Alerion Ventures (https://capitalatlas.ai/funds/alerion-ventures) — Seed
- Charlotte Angel Fund — Seed