Philadelphia-based insurance SaaS vendor Unirisx raises $11.5 million
Tom Paine
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Philadelphia-based property & casualty insurance SaaS provider Unirisx has raised $11.5 million in equity, according to an SEC Form D filed in late August and reported by FormDs.com.
Unirisx raised $7.5 million in equity in 2009. It had also apparently raised about $3 to $4 million in debt, according to other Form D filings.
I haven't heard too much news out of Unirisx recently, though there is this press release from earlier this year announcing a new hosting capability in Tokyo. It also has a significant presence in the UK, where its roots are.
Unirisx began its existence in 2004 as a spinout from Unisys. Its CEO is former Harleysville Group CIO Akhil Tripath.
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