Equisoft Secures $125 Million in Funding

Equisoft is a global provider of advanced insurance and investment digital solutions. The company offers a wide range of solutions, from front-end applications to back-office services and data migration expertise. Currently, the company serves more than 250 financial institutions in 16 countries.

Of this total investment, $70 million was from new investors Investissement Québec and the government of Québec (including $36 million from Investissement Québec’s own funds and $34 million from the Fonds pour la croissance des entreprises québécoises (FCEQ)), with the remainder coming from existing long-time investment partners, Export Development Canada (EDC) and Fondaction. The fresh funding will contribute to its global expansion, accelerate the development of its integrated life insurance software platform and wealth products to serve better its global customer base.

Equisoft, Canada, United States, was founded by Luis Romero in 1994. “Digital transformation and customer experience projects are no longer optional. Equisoft’s mission is to help companies through this process – at any stage of digital maturity – by delivering the most trusted solutions for complex financial services challenges. Our customer-focused approach has enabled us to gain the confidence of some of the largest financial institutions around the world,” said Luis Romero, Equisoft founder & CEO.

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