INSTANDA logo — Leading-edge cloud software that enables you to easily creat...

INSTANDA

Leading-edge cloud software that enables you to easily create, manage and distribute your insurance products.

Founded 2012 United Kingdom United Kingdom 244 employees Series B Total: $71.30M Information Technology, Insurance +1

General Information

Company Name INSTANDA
Founded Year 2012
Location United Kingdom United Kingdom +1
Employees 244
Industries Information Technology, Insurance, Insurtech
Funding Stage Series B
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About INSTANDA

INSTANDA is a United Kingdom based Insurtech startup founded in 2012. It offers a leading-edge cloud software that allows easy creation, management, and distribution of insurance products. Operating exclusively through Software-as-a-Service (SaaS), INSTANDA provides a no-code product design platform with insurance-specific calculations, processing, and workflow capabilities, enabling organizations to design, build, and launch products seamlessly.

The company recently secured a significant $45.00M Series B investment on 20 June 2022 from Toscafund and Dale Ventures F.Z.E. INSTANDA's platform has garnered attention from the world's largest carriers, MGAs, and brokers, revolutionizing the insurance industry by converting laborious back-office processes to an agile front office. This approach allows for dynamic adjustments in rates, questions, documents, and customer journeys, enabling the launch of new products in a matter of days and weeks. This agility translates into rapid ROI through reduced manufacturing, underwriting, and distribution costs, while providing unparalleled customer experience.

With its expansive global community of clients shaping its roadmap, INSTANDA is positioned as a responsive and low-risk insurance product enabler. The platform's ability to integrate seamlessly and deliver tangible business outcomes makes it an attractive investment opportunity in the dynamic Insurtech landscape.

Taxonomy: Insurance Software, Insurtech, PaaS, Technology, Cloud Software, Insurance Product Innovation, No-Code Product Design Platform, Global Insurance Market, Digital Insurance Value Chain, Product Manufacturing, Underwriting, Insurance Distribution, Business Process Automation

Services & Products

Development of cloud native
no-code
core digital policy admin system for carriers and MGAs

Target Customers

Carriers MGAs insurers underwriters policy administrators insurance brokers insurance product managers

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 2
Investor Investor
20 Jun 2022
Series A •••••• 1
Investor
10 Mar 2020
Venture Round •••••• 1
Investor
29 Jan 2020
Seed Round •••••• 1
Investor
01 Nov 2017
Venture Round •••••• 1 •••• •••• 01 Feb 2017

View All 6 Funding Rounds

INSTANDA Alternatives & Competitors

INSTANDA vs
Root
Root United Kingdom

The proven API-first insurance platform to build, launch and manage digital insurance products

Series Unknown
132 employees
API, Financial Services
INSTANDA vs
HUG HUB
HUG HUB United Kingdom

Insurance Made Digital

Corporate Round
6 employees
Financial Services, Insurtech
INSTANDA vs

Creating revolutionary IT solutions

Series A
6 employees
AI, Information Technology

FAQ About INSTANDA

Leading-edge cloud software that enables you to easily create, manage and distribute your insurance products.
INSTANDA was founded in 2012.
INSTANDA is headquartered in United Kingdom.
INSTANDA operates in the following industries: Information Technology, Insurance, Insurtech.
INSTANDA has approximately 244 employees.
INSTANDA has completed 6 funding rounds, raising a total of $71.30M. The latest funding stage is Series B.
INSTANDA offers: Development of cloud native, no-code, core digital policy admin system for carriers and MGAs.
Top alternatives and competitors to INSTANDA include Root, HUG HUB, Mainline Co., Ltd, Websure (Sheraton Systems Ltd), Mandon Software Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
INSTANDA and Root are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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