# Veruna

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/veruna

- Industry: Software
- Headquarters: Hopkinton, US
- Website: www.veruna.com
- Total disclosed funding: $8.7M
- Latest round: Series B (Oct 20, 2023)
- Investors on record: 5

## About

Founded in 2015 and based in Hopkinton, US, Veruna LLC operates Veruna AMS, an insurance management platform. The company was founded by its CEO Jennifer Carroll, Mary Eisenhart, Matt Mountain, Randy Davis, and Mark Linton. In October 2023, Veruna, Inc. raised USD 10 million in series B funding co-led by Berkley Ventures, Guidewire Software, Inc., and the Institutes, with participation from Keystone Insurers Group and EMC Insurance.

Veruna AMS (agency management system) is built on the Salesforce platform and offers various services for modern insurance agencies such as sales and marketing management, accounting, mobile device connectivity, third-party software integration, password and encryption protection, client relationship management, document management, ACORD compliance, and reporting and analytics dashboards.

Veruna, Inc. plans to use its March 2021 funding to support its ongoing product improvement efforts, focus on adding new business workflows and capabilities for brokers and agents, and improving its quoting, binding, submissions, and accounting services.

## Funding rounds

- Series B, Oct 20, 2023, $8.7M — EMC Insurance Companies, Berkeley Ventures, Guidewire Software, Inc., The Institutes, Keystone Insurers Group

## Investors

- EMC Insurance Companies — Series B
- Berkeley Ventures (https://capitalatlas.ai/funds/berkeley-ventures) — Series B
- Guidewire Software, Inc. — Series B
- The Institutes — Series B
- Keystone Insurers Group — Series B