I4PRO Informática LTDA, a São Paulo, Brazil-based end-to-end enterprise resource planning (ERP) solution for the insurance market, received a growth investment from Anacapa Partners.
The financial terms of the deal were not disclosed.
The company intends to use the funds for continued growth in Brazil’s insurance services market.
Founded in 2005, I4PRO provides a suite of products designed for insurance workflow processes, including selling, underwriting and administering policies, collecting premiums, and processing claims. The company provides customized implementation of these products and facilitates ongoing updates for maintenance and regulatory compliance.
It also offers modules for specialty business lines, such as reinsurance, as well as finance and accounting workflows.