towerIQ
Latest round
- Seed
Last raised
- Jul 2018
Total raised
- $2M
Investors
- 4
About towerIQ
towerIQ, Inc.Founded in 2017 in Boston, US, towerIQ, Inc. specializes in data optimization for the insurance industry. The company was acquired by ReSource Pro, LLC on June 24, 2022, as part of their strategy to enhance operational efficiencies in complex commercial accounts.towerIQ, Inc. provides advanced technology solutions specifically tailored for the insurance sector, offering tools that improve data synchronization and risk management. Their suite includes proprietary automation technologies, such as an OCR tool that extracts data from various formats, and AI capabilities that assist agents in streamlining their tasks.towerIQ, Inc. generates revenue through service subscriptions and partnerships, primarily in the B2B sector for insurance agencies. Their pricing model allows clients to subscribe to specific services that enhance operational efficiency, focusing on automating repetitive tasks. The exact pricing details for specific products are not disclosed, but their offerings are designed to maximize productivity for clients.Following its acquisition by ReSource Pro, LLC, towerIQ, Inc. aims to enhance its product offerings and expand its market reach. The company plans to launch new technology solutions designed specifically for middle to large market, complex, and specialty commercial accounts. This strategic acquisition is set to deliver on ReSource Pro’s mission of transforming insurance operations and optimizing client data, thereby driving future growth.
Who invested in towerIQ
4 investors across 1 round
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Funding rounds
Seed
Jul 16, 2018
Amount
$2M
Investors
Questions about towerIQ
Who invested in towerIQ?
towerIQ 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 towerIQ raised?
towerIQ has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did towerIQ last raise money?
towerIQ's most recent round on record is a Seed, in Jul 2018.
What does towerIQ do?
towerIQ is a software company.
Where is towerIQ headquartered?
towerIQ is headquartered in Boston, US.
Which VCs invest in companies like towerIQ?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at towerIQ's stage. Their profiles are linked below.
VCs backing software startups at Seed
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