Veruna
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.3m | 2.1m | 3.4m | 4.3m | 4.3m |
% growth | - | 64 % | 62 % | 26 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
$6.0m | Series A | ||
$6.0m | Early VC | ||
* | $10.0m | Series B | |
Total Funding | €20.0m |
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Recent News about Veruna
EditVeruna is a dynamic startup that operates in the insurance technology (InsurTech) sector. The company provides a comprehensive, cloud-based Agency Management System (AMS) built on Salesforce, the world's leading Customer Relationship Management (CRM) platform. Veruna's solution is designed to empower independent insurance agencies by offering a modern, digital experience that enhances operational efficiency and customer engagement.
Veruna primarily serves independent insurance agents and agencies. These clients benefit from a fully integrated system that allows them to manage their business operations seamlessly from any device, at any time, and from anywhere. The platform offers real-time data insights, customizable dashboards, and reports that help agencies make informed, quick decisions. This capability is crucial for spotting industry trends early and staying ahead of the competition.
The market Veruna operates in is the insurance technology sector, which is rapidly evolving as traditional insurance practices are being transformed by digital solutions. Veruna's business model is based on a Software-as-a-Service (SaaS) approach, meaning clients subscribe to use the software rather than purchasing it outright. This model provides a steady stream of recurring revenue for Veruna, as clients pay a subscription fee for continuous access to the platform and its updates.
Veruna makes money through these subscription fees, which vary based on the size of the agency and the specific features they need. By leveraging the robust capabilities of Salesforce, Veruna ensures that its clients have access to the latest technological advancements and security features, making it a reliable and forward-thinking choice for insurance agencies looking to modernize their operations.
Keywords: InsurTech, cloud-based, AMS, Salesforce, insurance agencies, SaaS, real-time data, dashboards, subscription model, digital transformation.