The startup world is booming with new ideas and investors supporting them to grow. A SaaS-based (Software as a Service) digital insurance platform, MetaMorphoSys Technologies have recently received investment in preSeries A funding round led by Good Capital. The total funding remains Undisclosed from the company’s side. Rahul Khanna, co-founder and MD of Trifecta Capital also participated in the round on a personal capacity.
Amit Naik and Kewal Vargante have good experience in insurance industry and started MetaMorphoSys in 2016. The platform started with the focus on building innovative enterprise products that address the business and technology challenges of the global insurance industry. The startup takes care of everything in a value chain from customer acquisition to engagement. They provide a wide range of products from underwriting engine, claims engine, customer engagement platform, sales analytics etc. They also have the innovative insurances for motor, travel, personal accident, etc.
MetaMorphoSys makes the process easier and affordable for insurers. The startup changes the way insurances are distributed and serviced because of its cloud-based system approach. It also addresses other key challenges that the insurance companies go through like sales effectiveness of agents, reducing the turnaround time and targeted products based on profile.
Rahul Khanna, who invested in the company too believes in the startup’s potential and ideas. He is assured of the founder’s experience in the field and their passion to bring changes for better.