Certificial Raises $15M To Support Growth Of Smart Coi Network

Jul 12, 2023•almost 2 years ago

Amount Raised

$15 Million

RaleighInsuranceSoftwareInsurtechRisk Management

Investors

Nationwide VenturesCameron VenturesCofounders CapitalFin CapitalIa CapitalNycaNyca Partners

Description

Certificial, the creator of the Smart COI NetworkTM, today announced a $15M round of funding led by Nyca Partners. Nyca joins IA Capital, Fin Capital, Cofounders Capital, Cameron Ventures, and Nationwide Ventures as investors. In the past year, Certificial has gained significant traction among the risk management community and with insurance brokers.

Company Information

Company

CERTIFICIAL, INC.

Location

101 HUDSON STREET, 21ST FLOOR

Raleigh, North Carolina, United States

About

Certificial, a pioneer in business insurance monitoring technology, leverages its patented software to monitor insurance data in real-time and ensure businesses have continuous, compliant insurance coverage in their supply chain. The solution combines certificate issuance and compliance management into one simple platform, eliminating risk, ensuring compliance, and reducing costs for every stakeholder in the certificate of insurance (COI) process - Insureds, Agents & Brokers, and Requestors.

FundzWatch™ Score

Medium Activity

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