One, Inc., a Folson, CA-based provider of cloud-based software and payments solutions for the insurance industry, raised $15.5m in financing.
The round was co-led by American Family Ventures and Centana Growth Partners with participation from existing investors AXA Strategic Ventures and MassMutual Ventures. In conjunction with the funding, Eric S. Byunn, Partner at Centana Growth Partners, will join the One, Inc. Board of Directors.
The company, which has raised over $52m in financing total, intends to use the funds to expand its reach among insurance carriers, grow its team, and expand globally.
Led by Christopher W. Ewing, President & CEO, One provides a SaaS platform for insurance companies to interact with their customers combining core insurance software functions including policy administration, claims, billing, data analytics, CRM and agency management with digital engagement solutions such as omni-channel bi-directional payments.