What is ThreeFlow?
ThreeFlow offers a comprehensive Benefits Placement System designed to streamline the entire placement process for brokers and carriers within a single, shared platform. The software aims to enhance efficiency by enabling carriers to win more business and empowering employers with the detailed information necessary to make informed benefits decisions. Founded in 2015 and headquartered in Chicago, Illinois, ThreeFlow is positioned to transform how benefits are managed and procured.
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 Equal Ventures, First Trust Capital Partners, and Emergence Capital Partners
Series B (2021): $45M led by Advanced Accelerator Applications, Emergence Capital Partners, and Equal Ventures
Key Investors in ThreeFlow
Advanced Accelerator Applications
Founded in 2002, Advanced Accelerator Applications is a pharmaceutical group specialized in the field of nuclear medicine. The group operates in all three segments of nuclear medicine to diagnose and treat serious conditions in the fields of oncology, neurology, cardiology, infectious and inflammatory diseases. The company is headquartered in Saint-Genis-Pouilly, France.
Emergence Capital Partners
Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.
Equal Ventures
Equal Ventures is a thesis-driven, early-stage venture firm dedicated to bridging the digital divide. The company partners with founders and businesses that are deploying technology within legacy industries, focusing on sectors such as climate, insurance, retail, and supply chain. Their approach emphasizes making high-conviction investments at the earliest stages, enabling them to provide dedicated expertise and alignment with exceptional founders. Equal Ventures aims to foster innovation and democratize access to technology across various industries.
What's next for ThreeFlow?
With its recent substantial capital injection, ThreeFlow is poised for accelerated growth and market penetration. The strategic investment signals confidence from its backers in the company's innovative approach to benefits placement. This funding will likely be directed towards enhancing its platform's capabilities, expanding its sales and marketing efforts, and potentially exploring new market segments. ThreeFlow's focus on simplifying complex benefits administration processes positions it for continued success in the evolving insurance technology landscape.
See full ThreeFlow company page
