El Dorado Hills, CA – According to filings with the U.S. Securities and Exchange Commission, Patra is raising $146,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, John Simpson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Patra
Patra is a leading provider of technology-enabled services to the insurance industry. Patra powers insurance processes by optimizing the application of people and technology, supporting insurance organizations as they sell, deliver, and manage policies and customers through our PatraOne platform. Patras global team of process executives in geopolitically stable and democratic countries that protect data, allows agencies, MGAs, wholesalers, and carriers to capture the Patra Advantage profitable growth and organizational value. Patra is also a founding member of the InsurConneXtions Alliance, representing leaders across insurance technology, brokerage, wholesale, and specialty insurance, representing over $50 Billion in Insurance premiums Our Commitment to the Greater Good Patra is committed to giving back to our military families. We are grateful to the military personnel putting their lives and the well-being of their families at risk by protecting the United States and our interests around the world. And through a partnership with MSEP (the Military Spouse Employment Partnership), Patra has developed Patra Academy, a program focused on military spouses looking to join or rejoin the workforce.

To learn more about Patra, visit http://www.patracorp.com/

Contact:
John Simpson, Chief Executive Officer
415-884-8008
https://www.linkedin.com/in/johnssimpson/

SOURCE: http://www.intelligence360.io
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