Investments
2Partners & Customers
10About Xceedance
Xceedance is a global provider of consulting and managed services, technology and data sciences to insurance organizations. With offices in the U.S., U.K., Poland and India, Xceedance partners with insurers to launch new products, drive operations, implement technology, and deliver advanced analytics capabilities and process optimization.
Xceedance Headquarter Location
283 Franklin Street
Boston, Massachusetts, 02110,
United States
617-531-2158
Latest Xceedance News
Jun 16, 2022
June 16, 2022 Xceedance, a U.S.-based global provider of strategic operations support, technology, and data services to insurance organizations, recently announced plans to hire 500 additional skilled resources in India. The company currently has a 2,700-member team across the United States, United Kingdom, Liechtenstein, Poland, India, and Australia, a statement said. New teammates will join an insurance-focused, digital-first company led by an executive team of entrepreneurs and global industry experts. At its core, Xceedance is a growing organization, dedicated to developing accomplished professionals with well-rounded experience across the entire insurance value chain. With expertise in actuarial services, underwriting, policy management, claims, data sciences, and insurance technology, Xceedance helps to nurture future leaders of the global insurance ecosystem. A provider of insurtech solutions and services, Xceedance has four offices in India and an annual staff growth rate of 30 per cent, the statement said. “India is critical for our company’s success, and a key objective is to invest in the country’s diverse technology talent and knowledge workforce. Xceedance offices in India help support our right-shoring approach, delivering superior business value to clients worldwide,” said Amit Ranjan, chief administrative officer at Xceedance. “We seek talented individuals across multiple disciplines and departments, especially those with established insurance experience and backgrounds in varied fields such as technology, data management, statistics, and finance.” “In marking the ninth anniversary of our company’s founding in India, we appreciate the resilience and dedication of our teams, which directly contribute to positioning Xceedance as a progressive, global provider of services and technology for insurance organizations. The skills and capabilities of a diverse workforce continue to be crucial to the evolution of Xceedance, and to the company’s purpose in service to the insurance industry and our communities. The hiring plans are a step in the right direction for Xceedance and will contribute to accelerated growth over the next 3 to 5 years,” Ranjan added. Ashish Nain
Xceedance Investments
2 Investments
Xceedance has made 2 investments. Their latest investment was in Five Sigma as part of their Series A on September 9, 2021.
Xceedance Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
9/13/2021 | Series A | Five Sigma | $12M | Yes | 10 | |
11/14/2017 | Series A |
Date | 9/13/2021 | 11/14/2017 |
---|---|---|
Round | Series A | Series A |
Company | Five Sigma | |
Amount | $12M | |
New? | Yes | |
Co-Investors | ||
Sources | 10 |
Xceedance Acquisitions
1 Acquisition
Xceedance acquired 1 company. Their latest acquisition was Activer Solutions on January 21, 2020.
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 |
---|---|---|---|---|---|---|
1/21/2020 | Acquired | 1 |
Date | 1/21/2020 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
Xceedance Partners & Customers
10 Partners and customers
Xceedance has 10 strategic partners and customers. Xceedance recently partnered with Insurtech on April 4, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/26/2022 | Partner | United Kingdom | 1 | ||
3/21/2022 | Partner | Xceedance enters into partnership with Ultimate Risk Solutions The partnership combines URS 's expertise in risk and financial modelling with the actuarial and analytics capabilities from Xceedance , enabling insurance organisations to optimise reinsurance contracts , enhance capital modelling and improve financial results . | 1 | ||
9/1/2021 | Partner | Israel | |||
7/13/2021 | Partner | ||||
6/29/2021 | Partner |
Date | 4/26/2022 | 3/21/2022 | 9/1/2021 | 7/13/2021 | 6/29/2021 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United Kingdom | Israel | |||
News Snippet | Xceedance enters into partnership with Ultimate Risk Solutions The partnership combines URS 's expertise in risk and financial modelling with the actuarial and analytics capabilities from Xceedance , enabling insurance organisations to optimise reinsurance contracts , enhance capital modelling and improve financial results . | ||||
Sources | 1 | 1 |
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