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Top 50 Insurance Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 90 insurance software companies with $1M–$5M in annual revenue. They have combined revenues of $224.3M and employ 2.3K people. They have raised $179.6M and serve 321.4K customers combined.

Every company below sells insurance software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Insurance Software Companies do

Insurance software encompasses a range of technology solutions designed to support the operational needs of insurance companies. These systems facilitate critical functions such as underwriting, policy management, claims processing, and risk assessment, enabling organizations to streamline workflows and improve customer service. By integrating various components like data analytics and automation, insurance software helps companies optimize their processes and respond to market demands more efficiently. Typical features of insurance software include customer relationship management (CRM), policy administration modules, claims management tools, and reporting capabilities. Users of this software generally consist of insurance agents, underwriters, claims adjusters, and operations managers tasked with improving policy sales, managing risks, and ensuring compliance with regulations. As the industry evolves, there is also a growing emphasis on incorporating advanced technologies like artificial intelligence and big data to enhance predictive modeling and operational insights.

Companies
90
Revenue
$224.3M
Funding
$179.6M
Employees
2.3K

Filters

Sorting: Highest -> Lowest

Filters

Top Insurance Software Companies With $1M–$5M Revenue

Showing 10 of 90 companies ranked by annual revenue.

1Smart InsurTech logo
Smart InsurTech

Berlin, Berlin, Germany

Smart InsurTech provides software for insurance brokers.

Revenue
$4.6M
Year founded
2018
Team size
78
2Shape Software logo
Shape Software

Irvine, California, United States

Shape is the AI-powered CRM, sales, and marketing automation platform built for mortgage, solar, education, insurance, and more. Our cloud-based software streamlines workflows, boosts productivity, and automates everyday tasks, helping businesses scale faster and work smarter. With industry-specific solutions and powerful integrations, Shape is designed to solve your unique challenges. Join thousands of businesses using Shape to transform the way they operate. Ready to grow? Let’s talk!

Revenue
$4.6M
Year founded
2017
Team size
42
3Cihon logo
Cihon

Beijing, Beijing, China

Provider of a data intelligence platform intended to serve the automotive industry. The company's platform provides data analytics on vehicles, auto parts, and vehicle owners for car manufacturers and insurance providers, enabling them to improve their business operations.

Revenue
$4.6M
Customers
50K
Year founded
2011
Funding
$7.8M
Team size
59
4Veruna logo
Veruna

Hopkinton, Massachusetts, United States

Veruna empowers insurance agencies and brokers to sell more and maintain customer relationships better. Veruna does that by leveraging the world’s #1 customer relationship management platform – Salesforce.com – to help agencies and brokers find opportunities, win business and engage with customers more regularly and relevantly. Veruna is the #1 Salesforce.com-native agency management system delivering Acord-form, direct download capability; extensibility through Salesforce Exchange and Force.com web services, and custom configurability. Veruna gives you unprecedented control of not only your agency management system but your businesses’ growth. Create automated tasks and reminders for managing customer relationships, remarkets, lost business, or expanding coverages to meet your insureds’ needs. Automate back-office tasks to get you back out in front of your customers. For more information, please visit www.veruna.com.

Revenue
$4.5M
Year founded
2015
Team size
41
5Supercede logo
Supercede

London, England, United Kingdom

Supercede is the leading reinsurtech platform, streamlining reinsurance with advanced data management and deal-making tools for superior outcomes.

Revenue
$4.5M
Year founded
2019
Team size
34
6DONNA.ai logo
DONNA.ai

West Hartford, Connecticut, United States

"DONNA.ai is a Revenue Acceleration Platform designed for independent insurance brokers and agencies. It is a Zero Data Entry platform that seamlessly integrates into existing workflows, delivering actionable insights directly into the hands of the agency’s desk level staff. DONNA.ai deploys advanced AI models that process the existing agency data, combines it with a wide variety of external data sets and delivers insights for predicting growth opportunities, understanding policyholder sentiment, and boosting retention. With DONNA.ai you can rapidly grow your revenue while reducing workloads for agency staff.”

Revenue
$4.4M
Year founded
2013
Team size
40
7Swordfish Software logo
Swordfish Software

Pretoria, Gauteng, South Africa

Welcome to Swordfish Software, the premier cloud-based debt collection solution in South Africa, Lesotho, Zambia, Namibia, Botswana and Kenya. We understand that managing debt can be complex and overwhelming, which is why we've made it our mission to simplify the process. Our state-of-the-art software is at the forefront of modern cloud computing and is designed to help you operate a modern business, identify new opportunities, and innovate faster. At Swordfish, we don't just provide software; we partner with our clients on their journey to success. Our team of legal and debt collection experts, along with IT specialists, work together to create a scalable, adaptable, and user-friendly system that can be customized to meet the unique needs of your business. We take compliance seriously and are dedicated to providing compliant and trustworthy software that gives our clients peace of mind. Our goal is to make it easy for you to focus on running your business while we take care of the rest. Swordfish is proud to serve a variety of industries, including Banking, Financial, Insurance, and Legal Sectors. We look forward to working together to achieve an innovative future. Contact us today!

Revenue
$4.3M
Year founded
2004
Team size
39
8Korint Insurtec logo
Korint Insurtec

Nanterre, Île-de-France, France

Korint specializes in providing digital insurance solutions for B2B mobility, operating within the insurtech sector. The company offers a platform for managing various insurance products such as auto and bicycle fleets, with a focus on digitization and real-time operations.

Revenue
$4.2M
Year founded
2022
Team size
19
9Klaim logo
Klaim

Dubai, United Arab Emirates

Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one

Revenue
$4.1M
Year founded
2020
Funding
$2.7M
Team size
42
10InsuredMine logo
InsuredMine

Richardson, Texas, United States

Developer of a cloud-based digital insurance management dashboard designed to store insurance related data and documents. The company's insurance management dashboard provides information about current insurance coverage, helps with policy comparisons, gives payment notifications and ensures cloud storage and security of all insurance related information, enabling users to manage their personal and business insurance through a single dashboard, understand insurance policies better and make informed choices.

Revenue
$4.1M
Year founded
2017
Team size
63

Frequently asked questions about Insurance Software Companies With $1M–$5M Revenue

How many insurance software companies with $1M–$5M in annual revenue are there?

Latka tracks 90 insurance software companies with $1M–$5M in annual revenue. Together they generate $224.3M in annual revenue and employ 2.3K people.

Which insurance software company with $1M–$5M in annual revenue is the largest?

Smart InsurTech is the largest, with $4.6M in annual revenue, founded in 2018.

How much revenue does a typical insurance software company with $1M–$5M in annual revenue make?

The average insurance software company in this list makes $2.5M a year, across 90 companies with reported revenue. They serve 321.4K customers combined.

Who are the leading Insurance software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Smart InsurTech, Shape Software, Cihon, Veruna and Supercede.

How much funding have insurance software companies with $1M–$5M in annual revenue raised?

The 90 insurance software companies with $1M–$5M in annual revenue tracked here have raised $179.6M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide tools for managing policies, including creation, modification, and renewal. - Should support claims processing functionalities to handle the entire lifecycle of claims. - Needs to offer data analytics capabilities for risk assessment and business intelligence reporting. - Must facilitate compliance with industry regulations and standards. - Should be designed for use by insurance professionals, including agents and underwriters. - Not just for general financial services; must specifically address insurance-related operations.