Covr Financial Technologies Acquires InforcePro

Remember InforcePro? Yeah, neither did I. So here’s a refresher: the company was established in 2011 to offer online policy management software for life insurance and has since managed to raise ~$6.5M to drive “game-changing, technology-led efficiencies.” Clearly that didn’t happen. Rumor has it, the company never quite figured out a business model. Anyhow, that was then:

 

 

This is now:

 

Turns out the company was acquired by Covr Financial Technologies, a Boise-based insurance quoting platform that is targeting financial institutions and their financial advisors with a fresh round of $5M. Here’s a look at ex-InforcePro employees that have joined Covr.