Instec
United States
How Instec hit $21.3M revenue with a 254 person team in 2021.
Developer of cloud computing insurance software designed to offer business expertise and create profitable growth. The company's cloud computing insurance software is integrated with an online platform that provides policy lifecycle management, streams operations from first quote to last endorsement, offers insurance rating and manage policy administration, enabling insurance industries to integrate custom and bureau-based content and create their own innovative products.
1982
Founded
$21.3M
2021 Revenue
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YOY
$49.8M
Funding
Instec Revenue
In 2021, Instec revenue run rate hit $21.3M in revenue.
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2021
Instec hit $21.3M in revenue in 2021
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1982
Instec launched in 1982 with $0 revenue
Instec Funding History
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2011
Instec raised a of in December, 2011
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| December, 16 2011 |
Team
Instec has 254 total employees and 35 sales reps that carry a quota. an engineering team of 69 and a marketing team of 4.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 254 |
| Engineer | 69 (27%) |
| Sales | 35 (14%) |
| Marketing | 4 (2%) |
Founder / CEO
Ray Simon
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Instec Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ray Simon | CEO | [email protected] | - |
Instec Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ray Simon | CEO | [email protected] | - |
Frequently Asked Questions about Instec
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When was Instec founded?
Instec was founded in 1982.
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How much revenue does Instec generate?
Instec generates $21.3M in revenue.
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Who is the CEO of Instec
The CEO of Instec is Ray Simon.
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How much funding does Instec have?
Instec raised $49.8M.
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How many employees does Instec have?
Instec has 254 employees.
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Where is Instec headquarters?
Instec is headquartered at United States
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