Pendella Technologies is a cloud-based platform that offers accessible and affordable life and disability insurance through insurtech innovation. The company, founded in 2018, provides a ready-made licensed software product which can be white-labeled and integrated into systems such as CRM or benefits administration platforms. With a strong focus on customer needs, Pendella offers instant decision underwriting, accelerated underwriting, and point-of-sale underwriting, both as a consumer-facing end-to-end solution and an agent-assist solution.
The company's recent achievement includes a $2.72M Venture Round investment on 28 March 2023. Although the investors for this round are undisclosed, the funding signifies a promising future for Pendella Technologies.
As it operates in the AI, Insurance, Insurtech, SaaS, and Life Insurance sectors, Pendella Technologies is positioned to drive significant innovation and accessibility in the insurance industry, offering a turnkey process to bring the future of life insurance to customers.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $2.72M | - | 28 Mar 2023 | |
Convertible Note | Unknown | 1 | 14 Dec 2022 | |
Seed Round | $5.20M | 9 | Assurity Ventures | 11 Feb 2022 |
Seed Round | $510.00K | 2 | 21 Oct 2021 | |
Non Equity Assistance | Unknown | - | 01 Aug 2020 |
No recent news or press coverage available for Pendella Technologies.