EasySend, an Israel-based firm that provides no-code software program to digitize processes — from mortgage functions to onboarding paperwork — stated it has raised a $55.5 million collection B funding spherical.
The corporate, which targets small to medium sized enterprises, says it makes use of a cloud-based no-code builder that leverages AI, third-party integrations, and analytics to supply seamless buyer experiences, at a low price. The corporate claims its know-how allows organizations to construct and launch digital buyer journeys — for any course of, together with upsells, buyer functions, and declare types.
EasySend says its prospects embody insurance coverage, banks, and credit score unions like Cincinnati Insurance coverage, NJM Insurance coverage Group, PSCU, Sompo, and Petplan, and that its income elevated ten-fold enhance during the last yr.
In a press launch, the corporate stated this extra capital will speed up EasySend’s development within the US and different areas, supporting growth into new verticals and product use circumstances. The funding spherical was led by Oak HC/FT, with participation from current traders Vertex IL, Intel Capital, and Hanaco Enterprise.
Accelerating digital transformation for enterprises
The pandemic has undoubtedly formed the way in which organizations conduct companies in a number of constructive methods, with the 2021 Gartner Board of Administrators Survey exhibiting that 69% of boards of administrators accelerated their digital enterprise initiatives following COVID-19 disruption.
Tal Daskal, CEO at EasySend, stated the pandemic has led to an enormous shift in individuals’s on-line enterprise interplay
EasySend was based in 2016 by Tal Daskal, chief working officer Omer Shirazi, and chief know-how officer Eran Shirazi, andhas now raised a complete of $71.5 million.
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