# Afficiency funding: rounds and investors

> Afficiency has raised $7.0M across 1 round since 2022. Every round with its source.

Source: https://millionrounds.com/company/afficiency (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Afficiency*

One round we have observed, with the 0 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

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Funding summary Updated 15 Nov 2026

**$7.0M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $7.0M Apr 2022
- **Investors:** 0

See who backed them

## The rounds

- **Apr 2022** Series A **$7.0M** No investor was named in the report. Source recorded

## Funding filed with regulators

Afficiency filed 2 raises, $11M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Mar 2022 **$8.0M** 5 investors equity SEC Form D
- Feb 2020 **$3.1M** 6 investors equity SEC Form D

## Founders and team

From Afficiency's own website and the SEC filings it signed: 2 founders, 6 on the team.

**Mark Scafaro** CEO & Co-Founder *Named on its 2022 Form D*

**Ravi Arasan** CIO, CDO, & Co-Founder *Named on its 2022 Form D*

- **Andrew Lobo** Chief Finance Officer
- **Chris Siudzinski** Chief Insurance Officer
- **Denis Clifford** Chief Growth Officer
- **Doreen Acampora** VP Head of Underwriting and Underwriting Innovation
- **Janelle Jenkins** VP Marketing
- **Meredith Simon** Client Support Manager

On the board, as filed i *Maor Amar* *Richard Viton*

## Quick answers about Afficiency

### How much has Afficiency raised?

Afficiency has raised $7.0M across 1 round since 2022.

### When did Afficiency last raise?

Afficiency's most recent round was a Series A of $7.0M in Apr 2022.

### What was Afficiency's biggest round?

Its most recent round, $7.0M in Apr 2022, is also its largest on record.

### What stage is Afficiency at?

Afficiency's latest named round is a Series A, in Apr 2022.

### Where is Afficiency based?

Afficiency is based in the United States.

## Companies like Afficiency

In the same sector, and raised in the last eighteen months.

[**Torus** $739M · Nov 2026](https://millionrounds.com/company/torus)[**PortX** $17M · Nov 2026](https://millionrounds.com/company/portx)[**Marble** $75M · Nov 2026](https://millionrounds.com/company/marble)[**Synctera** $40M · Nov 2026](https://millionrounds.com/company/synctera)[**Billd** $160M · Nov 2026](https://millionrounds.com/company/billd)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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