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INSTANDA

235 employees

INSTANDA operates exclusively through Software-as-a-Service (SaaS) and is a radically different approach to insurance product innovation. INSTANDA’s no-code product design platform is built on a powerful set of insurance specific calculations, processing and workflow capabilities. Design. Build. Launch. INSTANDA integrates seamlessly with your existing systems to give you a powerful product launch platform. Our global community of clients help determine INSTANDA’s roadmap, making it a truly responsive, low risk insurance product enabler. INSTANDA works with the world’s largest and most progressive carriers, MGAs and brokers in UK, Europe, US, Canada, LATAM and Australia converting the lethargic back office to an agile front office, freeing the industry from high cost legacy systems. Using INSTANDA, organisations can now think and act at the same speed, where rates, questions, documents, customer journeys can be amended in minutes and new products can be launched in days and weeks. ROI is delivered in weeks via dramatically reduced product manufacturing, underwriting and distribution costs with unrivalled customer experience.

Investor insights

Funding rounds participated in

$45M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Software Development

Sectors

Software Development

Date founded

2012

Funding rounds raised

Total raised

$45M

from 1 investors over 1 rounds

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INSTANDA raised $45M on July 20, 2022

Investors: Toscafund Asset Management

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