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One

620 Coolidge Dr, Folsom, California, 95630, United States

Overview

One Inc provides a unified digital payments platform designed to integrate with modern and legacy insurance core systems, consolidating premium payments and claims disbursements into a single network. The company engages policyholders across multi-channel communications while securely processing payments and supporting complex insurance use cases. One Inc reports close to 500 employees, handles annual payments of USD 70 billion, serves over 240 insurer customers, and maintains a vendor network of more than 700,000. It has demonstrated over 65% year‑over‑year revenue growth and processed volume that has grown 13x since Great Hill Partners' initial investment. Management plans to use the partnership with new investors to drive continued product innovation and further scale the business. One Inc is a China-based provider of cloud software and payments solutions tailored to the insurance industry. Its core offering centers on cloud-based payments and software tools for insurers. The company has completed an extended Series B financing of approximately $35 million. Existing investor H&Q Asia Pacific participated in the extension. The article does not disclose revenue, user metrics, or future product plans. One provides a SaaS platform for insurance companies that combines core insurance functions — policy administration, claims, billing, data analytics, CRM and agency management — with digital engagement solutions. Its platform also supports omni-channel bi-directional payments to enable customer interaction and payments. The company is led by Christopher W. Ewing, President & CEO, and is based in Folsom, CA. One plans to use new funding to expand its reach among insurance carriers, grow its team, and expand globally. Financially, the company has raised over $52m in financing to date. The recent financing increases its resources to pursue broader carrier adoption and international expansion. One provides a SaaS insurance platform that delivers core functions needed by carriers and managing general agencies, including policy administration, billing, rating, agency management, CRM, document management, payment processing, digital engagement, IVR, data warehousing and business intelligence, and e-signature. Led by CEO and founder Christopher W. Ewing, the company positions its product as an end-to-end operating system that consolidates essential insurance workflows. The additional capital will be used to further develop its SaaS platform, add products and lines of business, and expand globally. One has raised $36.7M in total funding to date. The platform targets insurance carriers and managing general agencies seeking a consolidated policy and back-office system. The company is based in Folsom, California. One is a Rancho Cordova, CA–based cloud software provider of core applications for the property and casualty insurance market. It offers InsureOne™, a suite that includes PolicyOne™ (core rating, billing and policy issuance), AppOne™ (agency management), ProcessOne® (payment reconciliation and routing) and DataOne® (data warehouse and business intelligence). Led by CEO Christopher W. Ewing, the company serves customers such as National General Insurance Company, Confie Seguros and Mutual of Enumclaw. One closed a $16.7M Series A to support growth. The company intends to use the funds to build out sales, marketing, implementation and customer service teams.

Total raised
$87M
Funding rounds
5
Latest round
Series B
Latest activity
Jun 2017

Industries

  • Finance
  • Financial Services
  • FinTech
  • InsurTech
  • Payments
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Recent funding

  1. Series B

    Jun 2017

    $35M

  2. Equity

    May 2017

    $16M

  3. Series B

    Dec 2016

    $20M

  4. Series A

    Sep 2014

    $17M

Team

  • Ian Drysdale

    CEO

    LinkedIn
  • Christopher Ewing

    Co-Founder & CSO

    LinkedIn
  • Tim Tyannikov

    Co-Founder, CTO, and Consultant

  • Timothy Boyle

    COO

    LinkedIn