Equisoft Secures $125M in Funding

Funding Rounds

▤ Summary

Equisoft, a Montreal, Canada-based digital provider of solutions to the financial industry, raised $125M in funding. Of this total investment, $70M was from new investors Investissement Québec and the government of Québec (including $36 million from Investissement Québec’s own funds and $34 million from the Fonds pour la croissance des entreprises québécoises (FCEQ)), with the remainder coming from existing long-time investment partners, Export Development Canada (EDC) and Fondaction. Founded in 1994 and led by CEO Luis Romero, Equisoft is a provider of insurance and investment digital solutions. The company offers a complete ecosystem of solutions, from front-end applications to back-office services and data migration expertise. Its flagship solutions include SaaS policy administration, CRM, financial needs analysis, financial planning, asset allocation, fund and portfolio analysis, quotes and illustrations, electronic application, agency management systems, as well as customer, agent and broker portals.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors EquiSoft Lead investors
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Company - Funded company

▥ Classifications

industries
Fintech & Banking
applications
Data Management

◇ AskAI Classifications

Labels
Insurance Software Financial Planning Software CRM Software

▦ Linked Companies

Equisoft
$1M to $5M