Press release

Veruna Secures $6 Million Series A Funding to Fuel Next Stage of Growth

Sponsored by Businesswire

a Boston-based InsurTech developer of the Salesforce-based agency
management platform, today announced the completion of a $6M Series A
funding round. The round included participation from two prominent
insurance carriers.

Founded in 2015, Veruna offers a cloud-based agency management system
built on Salesforce that targets independent agents. Product features
include a full suite of functionality that replaces existing legacy
management systems and guides agencies on to a more modern platform. The
company has focused the past 24 months on building out its best-of-breed
system and refining a seamless onboarding path for agencies in
preparation for faster growth. The new funds will be used to fuel the
next stage of expansion for the company.

“We are excited for the next chapter for Veruna,” stated Bob Scullin,
CEO, Veruna. “The work we have completed over the past year or so has
set the foundation for our next phase, which includes building brand
awareness to drive new sales and expanding operations as we anticipate
doubling our client base over the next year.”

About Veruna
Veruna is the result of years of frustration
with “good enough” insurance industry technology. With both its new
agency management solution built on and its leading
consultancy services, Veruna is the first agency management system
provider to offer an AMS designed to meet the needs of the modern
insurance agency through true customization and integration. Veruna is
challenging independent insurance agents to walk away from the status
quo and embrace change and is committed to them to grow their businesses
by changing the way they do business. For more information, visit