What is ThreeFlow?
Founded in 2015, ThreeFlow operates within the InsurTech and HR Tech landscape, offering a comprehensive Benefits Placement System. This platform is designed to streamline the entire placement process for brokers and carriers, facilitating a more efficient workflow. By enabling carriers to win more business and empowering employers with detailed insights for better benefits decisions, ThreeFlow addresses critical pain points in the employee benefits market. The company's focus on a shared system aims to enhance transparency and collaboration between all parties involved in benefits selection and management.
How much funding has ThreeFlow raised?
ThreeFlow has raised a total of $53M across 2 funding rounds:
Series A
$8M
Series B
$45M
Series A (2021): $8M with participation from Emergence Capital Partners, Equal Ventures, and First Trust Capital Partners
Series B (2021): $45M led by Emergence Capital Partners, Advanced Accelerator Applications, and Equal Ventures
Key Investors in ThreeFlow
Emergence Capital Partners
Emergence Capital Partners is a venture capital firm focused on early-stage enterprise companies, aiming to be a valuable partner in transforming how the world works.
Equal Ventures
Equal Ventures is an early-stage venture firm dedicated to bridging the digital divide by investing in technology deployed within legacy industries like insurance and supply chain.
First Trust Capital Partners
First Trust Capital Partners specializes in early and growth stage companies, particularly in financial services and healthcare technology, emphasizing long-term capital appreciation.
What's next for ThreeFlow?
The recent major strategic investment signifies a pivotal moment for ThreeFlow, positioning it for accelerated scaling and innovation. With a clear focus on enterprise clients, the company is likely to leverage this capital to enhance its platform's capabilities, expand its sales and marketing efforts, and potentially explore new market segments. The backing from prominent venture capital firms suggests strong confidence in ThreeFlow's business model and its potential to disrupt the traditional benefits placement process. Future developments may include deeper integrations with existing HR and payroll systems, advanced analytics for benefits selection, and expanded support for complex benefit plans.
See full ThreeFlow company page
