Search company, investor...

Predict your next investment

Corporation
COMPUTER HARDWARE & SERVICES | IT Services / IT Solutions & Software Development
majesco.com

See what CB Insights has to offer

Funds

1

Partners & Customers

10

Service Providers

3

About Majesco

Majesco (NASDAQ: MJCO) is a provider of core insurance technology software and IT services to carriers worldwide. Majesco delivers solutions and IT services in core insurance areas including policy administration, billing, claims and distribution. The company was founded in 1982 and is based in Morristown, New Jersey.

Headquarters Location

412 Mount Kemble Avenue Suite 110c

Morristown, New Jersey, 07960,

United States

+1 973 461 5200

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Majesco Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Majesco Rank

Research containing Majesco

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Majesco in 3 CB Insights research briefs, most recently on Sep 15, 2022.

Latest Majesco News

Majesco Launches New Website

Nov 30, 2022

November 30, 2022 09:00 AM Eastern Standard Time MORRISTOWN, N.J.--( BUSINESS WIRE )-- Majesco , a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of its new and completely redesigned website bringing an elevated digital experience to its visitors. The new website comes after the launch of the new Majesco brand and is a continuation of Majesco’s commitment to providing the market and customer community with an easy, personalized and tailored experience. “While today’s dynamic market changes have impacted organizations across all industries, our financial stability and steady growth has allowed us to continue to execute on our strategy and invest in areas that matter most to our customers, partners and employees,” says Adam Elster, CEO of Majesco. “We are confident that this enhanced digital experience, will make it easier and faster for our community to interact and engage with the Majesco team.” Majesco’s new website has been carefully designed and curated with resources that help visitors promptly gain knowledge about Majesco’s solutions, partnerships, customer success, and thought leadership. The new site navigation enables visitors to create their own journey as they move through the website helping them access what they need within just a few clicks. For those looking to join the Majesco team, visitors can check out the comprehensive career pages that provide a glimpse into life at Majesco, benefits of joining the team, as well as a complete list of current job openings. “We have taken the time to make sure we delivered a website that not only reflects our new brand identity, but also provides a first-class experience to our visitors,” says Denise Garth, Chief Strategy Officer. “The internet has changed the way we communicate and has become the standard for those seeking information about a topic or product. Our new website offers valuable insight and thought leadership – bringing validation and clarity to the changes and challenges the insurance industry is faced with and how our solutions meet them. It makes it easier than ever to find information about our broad portfolio of next-gen insurance solutions for the P&C and L&AH markets, and how Majesco can accelerate their strategies and priorities.” About Majesco Majesco is the partner P&C and L&AH insurers choose to create and deliver outstanding experiences for customers. We combine our technology and insurance experience to anticipate what is next, without losing sight of what is important now. Over 350 insurers, from greenfields and startups to some of the world’s largest insurers, rely on Majesco’s SaaS platforms solutions of core, data, analytics, digital, and rich ecosystem of partners to create their next now. As an industry leader, we do not believe in managing risk by avoiding change. We embrace change, even cause it, to get and stay ahead of risk. With 900+ successful implementations we are uniquely qualified to bridge the gap between a traditional insurance industry approach and a pure digital mindset. We give customers the confidence to decide, the products to perform, and the follow-through to execute. For more information, please visit www.majesco.com and follow us on LinkedIn . Contacts

Majesco Acquisitions

8 Acquisitions

Majesco acquired 8 companies. Their latest acquisition was Global IQX on October 03, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/3/2022

$99M

Acquired

6

7/24/2021

Subscribe to see more

$99M

Subscribe to see more

10

5/20/2021

Debt

Subscribe to see more

$99M

$99M

Subscribe to see more

10

1/11/2021

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

1/31/2020

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/3/2022

7/24/2021

5/20/2021

1/11/2021

1/31/2020

Investment Stage

Debt

Other

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

$99M

Note

Acquired

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

6

10

10

10

10

Majesco Fund History

1 Fund History

Majesco has 1 fund, including Magic Topco.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Magic Topco

$9.77M

1

Closing Date

Fund

Magic Topco

Fund Type

Status

Amount

$9.77M

Sources

1

Majesco Partners & Customers

10 Partners and customers

Majesco has 10 strategic partners and customers. Majesco recently partnered with CyberCube on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/5/2022

Partner

United States

Majesco and CyberCube Partner to Bring Sophisticated Ecosystem of Data, Signals and Models to Cyber Insurance Products to Drive Profitable Growth

The partnership integrates CyberCube 's solutions and Majesco 's Policy for P&C to automate cyber risk assessments using expanded sources of data , signals and models for risk modeling , rating , and underwriting to support the growing demand for cyber insurance in the market

4

3/10/2022

Partner

Israel

Majesco and Earnix Partner to Bring Sophisticated Pricing, Rating and Personalized Products to the P&C Personal and Commercial Lines Market

`` This partnership with Earnix is an exciting development for both parties given the P&C industry 's growth focus on new , innovative products and reaching new market segments that demand more personalized pricing and rating , '' stated Ed Ossie , Chief Operating Officer of Majesco .

2

3/10/2022

Partner

Israel

Majesco and Earnix Partner to Bring Sophisticated Pricing, Rating and Personalized Products to the P&C Personal and Commercial Lines Market.

`` This partnership with Earnix is an exciting development for both parties given the P&C industry 's growth focus on new , innovative products and reaching new market segments that demand more personalized pricing and rating , '' stated Ed Ossie , Chief Operating Officer of Majesco .

1

2/17/2022

Partner

France

Subscribe to see more

Subscribe to see more

10

1/4/2022

Licensee

Subscribe to see more

Subscribe to see more

10

Date

5/5/2022

3/10/2022

3/10/2022

2/17/2022

1/4/2022

Type

Partner

Partner

Partner

Partner

Licensee

Business Partner

Country

United States

Israel

Israel

France

News Snippet

Majesco and CyberCube Partner to Bring Sophisticated Ecosystem of Data, Signals and Models to Cyber Insurance Products to Drive Profitable Growth

The partnership integrates CyberCube 's solutions and Majesco 's Policy for P&C to automate cyber risk assessments using expanded sources of data , signals and models for risk modeling , rating , and underwriting to support the growing demand for cyber insurance in the market

Majesco and Earnix Partner to Bring Sophisticated Pricing, Rating and Personalized Products to the P&C Personal and Commercial Lines Market

`` This partnership with Earnix is an exciting development for both parties given the P&C industry 's growth focus on new , innovative products and reaching new market segments that demand more personalized pricing and rating , '' stated Ed Ossie , Chief Operating Officer of Majesco .

Majesco and Earnix Partner to Bring Sophisticated Pricing, Rating and Personalized Products to the P&C Personal and Commercial Lines Market.

`` This partnership with Earnix is an exciting development for both parties given the P&C industry 's growth focus on new , innovative products and reaching new market segments that demand more personalized pricing and rating , '' stated Ed Ossie , Chief Operating Officer of Majesco .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

4

2

1

10

10

Majesco Service Providers

3 Service Providers

Majesco has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Other

Financial Advisor

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Subscribe to see more

Associated Rounds

Acquired

Subscribe to see more

Subscribe to see more

Provider Type

Other

Subscribe to see more

Subscribe to see more

Service Type

Financial Advisor

Subscribe to see more

Subscribe to see more

Partnership data by VentureSource

Majesco Team

23 Team Members

Majesco has 23 team members, including current Chief Executive Officer, Adam Elster.

Name

Work History

Title

Status

Adam Elster

Chief Executive Officer

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Adam Elster

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Title

Chief Executive Officer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Majesco to Competitors

Unqork Logo
Unqork

Unqork operates as a no-code, software-as-a-service (SaaS) platform that digitizes the client lifecycle. The company's patent-pending technology includes advanced calculations, decisions, UI design and workflow for risk assessment and digitization layered on top of legacy IT systems. The company serves financial services and insurance companies to bring complex, regulated products to market without writing a single line of code. The company was founded in 2017 and is based in New York, New York.

Instanda Logo
Instanda

Instanda is a management tool that empowers insurers, brokers and MGAs to build and launch any insurance product within unprecedented timescales, and then distribute and self­-manage it online, globally. Instanda was founded in 2012 and is based in London, England.

Socotra Logo
Socotra

Socotra is a cloud-based, productized insurance core platform that enables carriers to easily and efficiently manage complex interactions throughout the lifecycle of policies, whether single line, single state or multi-line, multi-country. The platform supports underwriting, policy administration, claims, billing, reporting, and more.

Origami Risk Logo
Origami Risk

Origami Risk is a Risk Management Information System that offers workflow, reporting, and analysis tools with advanced features to help improve productivity and manage the cost of risk. Origami Risk's customers include large corporations, private companies, government entities, brokers, insurers and claims providers.

Sunlight Solutions Logo
Sunlight Solutions

Sunlight Solutions provides insurance providers with a cloud-based suite that supports all insurance products. The platform offers insurance processing and policy administration services. Its headquarters are in Paris, France.

P
PolicyFly

PolicyFly is a complete policy management platform that brings agents, brokers and customers into one experience. The company helps insurers build better, more-profitable programs with streamlined online applications, faster and smarter underwriting and the best technology money can buy. The company was founded in 2018 and is based in New York, NY.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.