One Closes $16.7M Series A Funding

Funding Rounds

▤ Summary

One, Inc., a Rancho Cordova, CA-based cloud software provider of core applications to the property and casualty insurance market, closed a $16.7m Series A funding.The round was led by H&Q Asia Pacific with participation from Camp One Ventures and AGI Partners, LLC.The company intends to use the funds to build out its sales, marketing, implementation and customer service teams.Led by CEO Christopher W. Ewing, One provides InsureOne™, a suite for property and casualty insurers to expand distribution channels and increase revenues while replacing legacy core systems.Customers include National General Insurance Company, Confie Seguros, and Mutual of Enumclaw.

$ Funding

$
Amount $16.7M Total raised
□
Date September 3, 2014 Announcement date
◎
Investors - Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Financial Technology Digital Payments Insurance Software

▦ Linked Companies

One Inc
$50M to $100M