Instec
United States
2021 Revenue
$21.3M
Funding
$49.8M
Team
254
Founded
1982
Instec Revenue & Funding (2021)
Instec generated $21.3M in revenue 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.
Last updated
Instec Revenue
In 2021, Instec's revenue reached $21.3M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Instec Hit $21.3m revenue in April 2021 | Not recorded |
| 1982 | Launched with $0 revenue |
Instec Valuation, Funding Rounds
Instec has not publicly disclosed its valuation. The company has raised $49.8M in total funding to date.
Instec has raised $49.8M in total funding across 1 round, with its most recent round in 2011.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2011 | Funding round | $49.8M | - | - | Not recorded |
Founder / CEO
Instec Employees & Team Size
Instec employs approximately 254 people as of 2026, including 35 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 254 employees (April 2021) | Not recorded |
Frequently Asked Questions about Instec
Who owns Instec?
Instec is owned by GI Partners, which acquired it.
What is Instec's revenue?
As of 2021, Instec generated $21.3M in revenue.
Who founded Instec?
Instec was founded by Ray Simon.
When was Instec founded?
Instec was founded in 1982.
How much funding does Instec have?
Instec raised $49.8M across 1 round.
How many employees does Instec have?
As of 2021, Instec had 254 employees.
Where is Instec headquartered?
Instec is headquartered in United States.
Compare Instec to the industry
Instec operates across multiple industries. Browse revenue, funding, and growth data for Instec in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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