Insurtech Startup Certificial Secures $5.8 Million in Series A Funding
ExlService Holdings, Inc. (EXLS)
Last exlservice holdings, inc. earnings: 2/27 06:00 am
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Source: Business Wire
Strategic Investors Include IA Capital, Nationwide JERSEY CITY, N.J.--(BUSINESS WIRE)--Certificial, the real-time certificate of insurance (COI) issuance and compliance management platform, announced today that they have completed an oversubscribed $5.8 million round of Series A funding. Investors include IA Capital, a New York-based private investment firm specializing in Insurtech and Fintech as the lead investor, Nationwide, Cofounders Capital, Fin VC, and Cameron Ventures.Certificial is the first platform designed to eliminate pain points for all stakeholders involved in the COI exchange process, including agents and brokers, the insured, and the requestor, by enabling dynamic certificates of insurance using real-time data.In combination with the funding, Certificial has also launched a partnership with the Property and Casualty Insurance Business of EXL [NASDAQ: EXLS], a leading operations management and analytics company, to provide additional automation for all stakeholders.
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News
- ExlService Holdings, Inc. (NASDAQ: EXLS) had its price target lowered by analysts at Citigroup Inc. from $38.00 to $37.00. They now have a "buy" rating on the stock.MarketBeat
- EXL announces speakers for AI in Action eventGlobeNewswire
- EXL Schedules First Quarter 2024 Financial Results Conference Call; Announces Investor Strategy Update EventGlobeNewswire
- EXL partners with Quilt.AI to revolutionize customer insights with AI-powered cultural understanding [Yahoo! Finance]Yahoo! Finance
- EXL partners with Quilt.AI to revolutionize customer insights with AI-powered cultural understandingGlobeNewswire
EXLS
Earnings
- 2/29/24 - Beat
EXLS
Sec Filings
- 4/19/24 - Form PRE
- 4/3/24 - Form 8-K
- 3/18/24 - Form 8-K
- EXLS's page on the SEC website