Functional Finance owns and operates a financial technology platform. The company platform provides insurance operators to manage their financial operations from payments and billing to finance and payables. It offers services such as payment processing, financing, payables reporting, payables bill pay, and more. It was founded in 2021 and is based in San Francisco, California.
"Cover Whale has grown to a $300mm+ GWP run rate quickly and Functional Finance will allow us to continue that trajectory while keeping our internal expense ratios best in class while making things easier and faster for our producer network."
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