- ThreeFlow provides a Benefits Placement System that serves as a central collaboration hub for brokers and insurance carriers, addressing the complexities of benefits placement in the insurance market.
- In 2024, ThreeFlow raised $45 million in Series B funding led by Accel, doubling its premium transaction volume to over $600 million and increasing broker contracts by 250%.
- The company has expanded its partnerships significantly, now serving over 150 broker locations and 7,600 employer clients, with 85% of new broker leads coming from existing client referrals.
- ThreeFlow's ideal buyers are brokers and carriers seeking to streamline the benefits placement process, leveraging real-time data and AI to enhance collaboration and decision-making.
ThreeFlow's workforce is structured across ten departments, with Operations leading at 25 employees, followed by Engineering with 18 and Information Technology at 16. This distribution reflects a strong emphasis on operational efficiency and technical expertise, essential for software development. The presence of Community and Social Services with 15 employees indicates a commitment to social impact, while the balance among Sales, Marketing, and Executive functions supports business growth.
The company's workforce is distributed across 28 locations, with Chicago, IL, and New York, NY, each housing 6 employees, followed by Portland, OR, with 3. The significant number of employees classified under 'Other' suggests a strong remote work culture, allowing for a geographically diverse team. This distribution indicates a strategic approach to talent acquisition, leveraging various locations while maintaining a centralized operational focus.
