SnapRefund
Digital payment processing for the modern insurance world.
Digital payment processing for the modern insurance world.
SnapRefund is a digital payment processing startup aimed at revolutionizing the insurance industry with its innovative solutions.
Founded in 2019 and headquartered in the United States, SnapRefund's mission is to streamline payments for insurance carriers, MGAs, TPAs, and agents. The company addresses the challenges related to claim payments and agency billing through powerful automation and analytics, significantly reducing processing time and the risk of human error.
The last investment round of $120.00K was secured as a Pre Seed Round from Techstars on 10 July 2023. SnapRefund offers benefits such as operational efficiency, cost savings, labor reduction, quicker commission delivery, enhanced policyholder retention, and simplified policy-binding via e-signature integration. The innovative approach of SnapRefund provides an all-inclusive, optimized multi-directional payment platform that automates processes across the entire insurance value chain, making it a promising venture for potential investors in the insurance and payments industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | $120.00K | 1 |
|
10 Jul 2023 |
| Pre Seed Round | $25.00K | 1 |
|
24 Apr 2023 |
| Pre Seed Round | $100.00K | 1 |
|
13 Jul 2022 |
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