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Instec Alternatives & Competitors

The closest alternatives to Instec are KCMS, Akrivia HCM and ERPLY. Instec generates $21.3M in revenue with 254 employees. Every one of the 20 alternatives below is compared with Instec on revenue, funding, customers, team size and founding year.

Instec at a glance

Revenue
$21.3M
Funding
$49.8M
Team size
254
Founded
1982

Instec vs its top alternatives

Instec is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.

Instec compared with its top alternatives on revenue, funding, customers and team size
CompanyInstec logoInstecThis companyKCMS logoKCMSAkrivia HCM logoAkrivia HCMERPLY logoERPLYNeptune Software logoNeptune SoftwareJTL-Software-GmbH logoJTL-Software-GmbHMerge logoMergeDocuSketch logoDocuSketchIntegrated Digital Systems logoIntegrated Digital SystemsProcessmaker logoProcessmaker
Revenue$21.3M$21.4M$21.1M$21.6M$20.9M$20.9M$20.8M$20.8M$20.7M$22M
Funding raised$49.8MNot disclosedNot disclosedNot disclosed$7.8MNot disclosed$74.5MNot disclosedNot disclosed$45M
CustomersNot disclosed10KNot disclosed100KNot disclosedNot disclosed160Not disclosedNot disclosed350
Team size2544219297164190104189143229
Founded1982199820182009201120082020201819912000
HQUnited StatesBrazilIndiaUnited StatesNorwayGermanyUnited StatesUnited StatesLebanonUnited States

Top Insurance Software companies similar to Instec

KCMS logo

1. KCMS

Brazil · Insurance Software

KCMS is a company that provides a system for food service management, including ERP, PDV, and KDS solutions.

KCMS revenue & fundingInstec vs KCMS

Revenue
$21.4M
Customers
10K
Team size
42
Akrivia HCM logo

2. Akrivia HCM

India · Insurance Software

Akrivia HCM is a unified HRMS SaaS platform that packs in everything you need to manage your entire employee lifecycle. With 9 HR products and 40+ modules, from recruitment & learning to performance, payroll &…

Akrivia HCM revenue & fundingInstec vs Akrivia HCM

Revenue
$21.1M
Team size
192
ERPLY logo

3. ERPLY

United States · Insurance Software

Provider of cloud-based point of sale and inventory management software designed to help retailers to focus more on business and less on IT. The company's point of sale and inventory management software handles data…

ERPLY revenue & fundingInstec vs ERPLY

Revenue
$21.6M
Customers
100K
Team size
97
Merge logo

6. Merge

United States · Insurance Software

Merge is a company that integrates various business platforms into a unified API. This includes integration of HR, payroll, recruiting, accounting, ticketing, file storage, and CRM platforms.

Merge revenue & fundingInstec vs Merge

Revenue
$20.8M
Funding
$74.5M
Customers
160
Team size
104
DocuSketch logo

7. DocuSketch

United States · Insurance Software

Having successfully streamlined and processed over 750,000 insurance claims within the restoration industry, DocuSketch stands as one of the industry's largest and most rapidly expanding software vendors. We take…

DocuSketch revenue & fundingInstec vs DocuSketch

Revenue
$20.8M
Team size
189
Processmaker logo

9. Processmaker

United States · Insurance Software

ProcessMaker is a low-code business process management (BPM) and workflow automation platform that enables organizations to streamline and automate their business processes. It provides a visual interface for designing…

Processmaker revenue & fundingInstec vs Processmaker

Revenue
$22M
Funding
$45M
Customers
350
Team size
229
Quore logo

13. Quore

United States · Insurance Software

Industry leader in hotel management software helping hotels run their day-to-day operations and managing all aspects of the guest experience

Quore revenue & fundingInstec vs Quore

Revenue
$22.1M
Team size
78
AKUR8 logo

15. AKUR8

France · Insurance Software

Akur8, the AI Pricing solution, enables insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months. Akur8 developed unique leading edge algorithms…

AKUR8 revenue & fundingInstec vs AKUR8

Revenue
$20.5M
Funding
$41.9M
Customers
350
Team size
166
AKUR8 logo

16. AKUR8

France · Insurance Software

Akur8, the AI Pricing solution, enables insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months. Akur8 developed unique leading edge algorithms…

AKUR8 revenue & fundingInstec vs AKUR8

Revenue
$20.5M
Funding
$41.9M
Customers
350
Team size
166
inGaia logo

17. inGaia

Brazil · Insurance Software

Somos a inGaia, proptech líder no mercado nacional em sistemas de gestão imobiliária. Conectamos imobiliárias e corretores através da nossa plataforma completa de negócios, com ferramentas inteligentes e inovadoras…

inGaia revenue & fundingInstec vs inGaia

Revenue
$22.5M
Funding
$4.5M
Customers
35K
Team size
206
Panaya logo

19. Panaya

Israel · Insurance Software

Panaya, a SaaS-based company certified by SAP, Oracle, and Salesforce.com, offers an all-in-one platform for Smart Testing solutions and Change Intelligence tailored for ERP, CRM, and cloud business applications. Panaya…

Panaya revenue & fundingInstec vs Panaya

Revenue
$22.7M
Funding
$59M
Customers
3K
Team size
206
PanApps Inc. logo

20. PanApps Inc.

United States · Insurance Software

PanApps is a global software product company that provides solutions and services to help modernize the IT functions of multilateral, government and private sector organizations. PanApps has a dedicated Global…

PanApps Inc. revenue & fundingInstec vs PanApps Inc.

Revenue
$19.9M
Team size
181

Instec vs the Insurance Software market

Instec ranks #44 of 292 Insurance Software companies by annual revenue, putting it in the top 15% of the market.

Companies tracked
292
Median revenue
$3.2M
Median funding
$14.8M
Median team size
30

Instec funding

Instec funding rounds with amount raised and valuation
DateRoundAmountValuation
Dec 2011Funding round$49.8MNot disclosed

Instec competitors FAQ

What companies are similar to Instec?

The closest alternatives to Instec are KCMS, Akrivia HCM and ERPLY, all active in Insurance Software. This page compares each of them with Instec on revenue, funding, customers and team size.

What is the best alternative to Instec?

KCMS is the closest alternative to Instec, generating $21.4M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.

How much revenue does Instec generate?

Instec generates $21.3M in revenue.

How much funding has Instec raised?

Instec has raised $49.8M in funding.

Is Instec bigger than KCMS?

No. KCMS generates $21.4M in revenue versus $21.3M at Instec.