ProNavigator Raises $10 Million Growth Investment, Opens Second Headquarters in U.S.

Company to Accelerate Product Development and U.S. GrowthKITCHENER, CANADA, September 14, 2022/ EINPresswire.com / -- ProNavigator , provider of the only purpose-built SaaS knowledge management platform made for insurance, has closed $10 million of growth financing, co-led by Graphite Ventures and previous investor, Luge Capital . ProNavigators solution has been implemented by leading industry players, including insurance industry heavyweights such as TD Insurance, Wawanesa, HUB International, and NFP.David Nault, General Partner at Luge Capital, adds, ProNavigators solution has proven to significantly accelerate response times to customer and advisor inquiries saving time and money. The award-winning platform leverages the latest advancements in artificial intelligence and natural language understanding to instantly, automatically, and accurately retrieve mission-critical insurance information. Founded in 2021 as an evolution of MaRS IAF, we are one of Canadas most active and consistent VC firms, having invested in 175 companies over the past decade. Luge is on a mission to build FinTech champions with amazing founders who are shaping the way the world experiences financial services and challenging the status quo.