ThreeFlow

ThreeFlow is a provider of an enterprise software platform that allows brokers and carriers to manage the entire placement process in one shared system.

ThreeFlow makes a cloud-based, employee benefits platform that simplifies the process of buying and selling employer-sponsored insurance.

ThreeFlow was founded in 2015 by Richard Perrott, Ryan Sachtjen and Shaheeb Roshan. The company is headquartered in Chicago, IL.

 

ThreeFlow is the first Benefits Placement System, a new category of enterprise software that allows brokers and carriers to manage the entire placement process in one shared system.

 

ThreeFlow's Benefits Placement System acts as a real-time exchange between employee benefits insurance carriers and benefits insurance brokers. The ThreeFlow software platform replaces manual processes with a tech-forward process that enables brokers to easily compare bids from multiple insurance providers.

 

ThreeFlow now has over 150 broker locations representing 7,600 employer clients. In the past year, premium transaction volume doubled to over $600M, with nearly $1B of premium under management, and broker contracts grew 250%.

 

ThreeFlow is backed by Accel, Emergence Capital, Equal Ventures, First Trust Capital Partners, and others. The company raised $45M in Series B round on Nov 30, 2021. This brings ThreeFlow's total funding to $54.3M to date.

 

 

  • Year founded: 2015
  • Funding Info: $54.3M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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