OWIT Global

OWIT Global

Market-leading, game-changing, insurance-specific microservices.

Founded 2018

West Hartford, United States 45 employees Series A Total: $1.12M Information Technology, Insurance +1

OWIT Global is a United States-based startup founded in 2018, specializing in providing market-leading, game-changing, insurance-specific microservices. The company's flagship product is the Digitalization Insurance Enterprise Management platform (O/DIEM) which aims to support the insurance industry's need for process improvement and clean data across the value chain. O/DIEM encompasses a range of solutions including data ingestion, transformation, and management, as well as tools for brokers, point of sale, rating, rules, and document generation. Notably, it can integrate with existing client environments to facilitate data and digitalization process transformation. As of 28 May 2020, OWIT Global secured a significant milestone with a $1.12M Series A investment led by New York Angels and Robin Hood Ventures. This investment is testament to the confidence these investors have in OWIT Global’s vision and technological capabilities. As the company operates at the intersection of Information Technology, Insurance, and Insurtech, it is positioned to capitalize on the growing demand for innovative solutions within the insurance sector. With a strong emphasis on modern architecture, no-code deployment, and cloud optimization, OWIT Global is poised to play a pivotal role in simplifying innovation and digitalization within the insurance industry. OWIT Global's mission to streamline processes and harmonize data through digitalization, alongside the integration of existing customer environments, aligns with market trends and underscores the company's commitment to maximizing customer investments. The company’s strategic focus on tailored solutions for carriers, brokers, reinsurers, and MGA/MGUs bodes well for its future growth and impact. As a relatively young entrant in the industry, OWIT Global has quickly positioned itself as a promising player in the insurtech space, signaling potential for further expansion and success. For more information, interested parties can reach out to OWIT Global at 833-GET-OWIT or visit www.owitglobal.com.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$1.12M	2	New York Angels, Robin Hood Ventures	28 May 2020
Private Equity Round	Undisclosed	1	Miller Investment Management, LP	01 Jan 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$1.12M

New York Angels, Robin Hood Ventures

28 May 2020

Private Equity Round

Undisclosed

Miller Investment Management, LP

01 Jan 2018

FAQ About OWIT Global

Market-leading, game-changing, insurance-specific microservices.

OWIT Global was founded in 2018.

OWIT Global is headquartered in West Hartford, United States.

OWIT Global operates in Information Technology, Insurance and Insurtech. Its work centres on Insurance Technology, Microservices, Digitalization and Insurance Industry.

OWIT Global has approximately 45 employees.

OWIT Global has completed 2 funding rounds, raising a total of $1.12M. The latest funding stage is Series A.

Top alternatives and competitors to OWIT Global include Solartis LLC, Horizon Systems & Services, Inc., AdvantageGo, Uncharted, Innoveo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

OWIT Global and Solartis LLC 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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