iPipeline offers a web-based on-demand platform of sales distribution and processing solutions for the insurance and financial services markets, including CRM, forms distribution, quotes & illustrations, the iGO e-App, agent management, e-policy delivery, and policyholder services. Its iPipeline Customer Network aggregates approximately 120 carriers, 1,200 distributors, and 400,000 financial professionals and advisors. The company says it will use new investment to aggressively invest in customer support, product development, and to expand its sales and marketing resources. iPipeline identifies acquisitions in the U.S. and abroad as well as organic growth as key components of its growth strategy. Headquartered in Exton, Pennsylvania, the company also has offices in Atlanta, Charlotte, Milwaukee, Salt Lake City, and Vancouver. iPipeline cites industry recognition, including Ernst & Young's 2011 Entrepreneur of the Year Award for Greater Philadelphia and Celent's 2011 Leading Vendor in the Life category, to support its market position. iPipeline offers on-demand, web-based software that supports marketing, selling, and processing solutions for insurance carriers, distributors and producers. Its platform, the iPipeline Network, aggregates more than 125 carriers, 850 distributors and 400,000 agents to provide process automation and integration for sales. The company announced the acquisition of AgencyWorks, an Internet-based agency management systems provider, on November 3. The $15M equity financing will be used to implement a strategy of acquiring businesses that extend iPipeline's value. iPipeline is headquartered in Exton, PA and maintains offices in Atlanta, Los Angeles, Charlotte and Milwaukee. The product focus is on enabling sales and processing workflows across a broad set of life-insurance industry participants.

Total raised

$15M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2009