One Raises $20M in Series B Funding

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Summary

One, Inc., a Folsom, CA – based provider of a SaaS operating system for insurance companies, raised $20m in Series B funding.The round was led by AXA Strategic Ventures with participation from MassMutual Ventures and current investor H&Q Asia Pacific.The company, which has raised $36.7M in total funding to date, plans to use the additional capital to further develop its SaaS platform, add products and lines of business and expand globally.Led by CEO and founder Christopher W. Ewing, One provides a SaaS insurance platform that provides all the core functions needed by insurance carriers and managing general agencies including policy administration, billing, rating, agency management, customer relationship management, document management, payment processing, digital engagement, IVR, data warehousing and business intelligence, esignature, as well as other essential functions.FinSMEs 14/12/2016

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Financial Technology Digital Payments Insurance Software

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One Inc
$50M to $100M