# Finaeo Inc.: Insurance, Toronto, Canada

> Finaeo Inc.: Finaeo Inc. is a digital insurance technology marketplace designed to support independent life insurance brokers and financial advisors.

Source: https://millionrounds.com/startup/finaeo-inc (Millionrounds; every figure on the page links to its filing or article)

Canada · [Insurance startup](https://millionrounds.com/companies)

# Finaeo Inc.

Finaeo Inc. is a digital insurance technology marketplace designed to support independent life insurance brokers and financial advisors.

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Funding reported Last round: Non equity assistance

Insurance Toronto, Canada

Company summary

- **Founded:** 2016 10 years old
- **Team:** 2 1 to 10 people
- **Funding reported:** 6.3M as listed, currency not stated
- **Last round:** Non equity assistance Dec 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Finaeo Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Finaeo Inc.

Finaeo Inc. is a digital insurance technology marketplace designed to support independent life insurance brokers and financial advisors.

Founded by advisors for advisors, Finaeo aims to enhance efficiency and scalability in their practices, helping them navigate the entire process from prospect to policy. The company operates in both the United States and Canada, focusing on making insurance accessible to everyone. The platform offers a digital marketplace that allows brokers to digitize client intake forms, contracts, and other paperwork. It supports remote advisory practices with features for scheduling meetings, digitizing client files, and centralizing documents using cloud tools. Finaeo also ensures secure data backup and easy access to critical information from remote locations. Their initial product was a mobile solution for financial advisors, and they continue to develop technology that streamlines workflows and improves client engagement.

## What company datasets say Finaeo Inc. raised

Funding, as reported

Reported in all **6.3M** in the source's currency

Rounds **6**

Last round **Non equity assistance**

Last round size **4M**

Last round date **Dec 2020**

Investors listed **16**

## On 3 portfolio pages

Investors who name them

- [Luge Capital](https://millionrounds.com/fund/luge-capital)
- [OnWave Ventures](https://millionrounds.com/fund/onwave-ventures-inc)
- [RevTech Labs Capital](https://millionrounds.com/fund/revtech-labs-capital)

Each firm lists Finaeo Inc. on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

consumers digital insurance solutions broker collaboration tools distribution carrier marketing programs contact management insurtech insurance document management client portal contact capture forms insurance product comparison software carrier product promotion insurance sales automation digital insurance onboarding information technology & services insurance

Built with from their website

CloudFlare CloudFlare CDN Cloudflare DNS

- **Sector:** Insurance
- **Industry code:** NAICS 52421, SIC 7375
- **Region:** Ontario
- **Revenue:** 2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/finaeo)

## Insurance in Canada

Startups like it

- [**Wisedocs** Toronto · founded 2018](https://millionrounds.com/startup/wisedocs)
- [**Foxquilt** Toronto · founded 2016](https://millionrounds.com/startup/foxquilt)
- [**Zensurance** Toronto · founded 2016](https://millionrounds.com/startup/zensurance)
- [**Summit** Kelowna · founded 2022](https://millionrounds.com/startup/summit)
- [**Briza** Toronto · founded 2016](https://millionrounds.com/startup/briza)
- [**Goose Insurance Services Inc.** Vancouver · founded 2017](https://millionrounds.com/startup/goose-insurance-services-inc)
- [**Walnut Insurance** Toronto · founded 2020](https://millionrounds.com/startup/walnut-insurance)
- [**Emma** Quebec City · founded 2017](https://millionrounds.com/startup/emma-4)

## Is this your company?

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