Slope Software is a cloud-native actuarial modeling ecosystem that merges multiple disparate processes into a single unified platform. It reduces the labor required at every step, eliminates IT overhead, and provides access to data analysis which empowers teams to develop insights and build value. The platform simplifies and streamlines actuarial operations workflows across use cases including reserve calculations, product pricing, asset-liability management, embedded value, and capital projections. Led by Co-Founder and CEO Andy Smith, the company plans to use new capital to expand operations and broaden its business reach. The company raised $2.0m in funding to support growth. Investors in the round include Tech Square Ventures, Alerion Ventures, Charlotte Angel Fund, and existing investor Cofounders Capital. Slope Software is a software-as-a-service company providing an actuarial modeling platform. The platform optimizes and streamlines operations for insurance companies and consultants by enabling actuaries to perform analysis in less time. Led by CEO Andy Smith and CTO Taylor Perkins, the company launched the platform early last year. Slope will use proceeds from a $1M seed round to scale growth of the software platform. The seed round was led by Cofounders Capital, whose partner Tim McLoughlin will join the board. The company is based in Atlanta, GA and also maintains an office in Charlotte, NC.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2021