What is iPipeline?
Founded in 1995 and headquartered in Exton, Pennsylvania, iPipeline specializes in delivering robust cloud-based software solutions tailored for the life insurance and financial services industry. The company's offerings are designed to streamline operations and enhance customer engagement within these critical sectors. This latest round of financing signifies a substantial endorsement of iPipeline's business model and its capacity to innovate within a competitive landscape.
How much funding has iPipeline raised?
iPipeline has raised a total of $116.1M across 4 funding rounds:
Series A
$18M
Private Equity
$15M
Private Equity
$11.7M
Private Equity
$71.4M
Series A (2008): $18M with participation from Fidelity Ventures, NewSpring Capital, and Volition Capital
Private Equity (2009): $15M led by Fidelity Ventures and NewSpring Capital
Private Equity (2009): $11.7M, investors not publicly disclosed
Private Equity (2012): $71.4M featuring Technology Crossover Ventures
Key Investors in iPipeline
Fidelity Ventures
Fidelity Growth Partners Europe (FGPE) is a venture and growth capital firm that invests in bold technology entrepreneurs with aspirations to build great businesses. FGPE is part of a global network of funds backed by Fidelity's proprietary, long-term capital with a 40-year heritage of venture investing.
NewSpring Capital
NewSpring partners with companies in dynamic industries to catalyze new growth. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using through it's network of industry leaders.
Technology Crossover Ventures
Technology Crossover Ventures (TVC) was founded in 1995 and is based out of Menlo Park, California. They specialize in acquisitions, mergers, recapitalization and more for other companies.
What's next for iPipeline?
The substantial capital infusion, particularly the recent strategic investment, positions iPipeline for accelerated expansion and further development of its technology platform. This backing is expected to fuel initiatives aimed at enhancing its suite of cloud-based solutions, potentially expanding its market reach, and solidifying its role as a key technology partner for financial institutions. The company's trajectory suggests a focus on leveraging this capital for strategic growth and maintaining its competitive edge in the evolving fintech and insurtech markets.
See full iPipeline company page
