We have a great staff team, an experienced Board of Directors, enthusiastic customers, and very supportive shareholders. Combined with our rapid sales growth and recent venture capital investment we are very well-positioned for success.
St. John's, Newfoundland (PRWEB) September 20, 2011
September 20th, 2011 marks the 5th anniversary of ClearRisk's incorporation. "I am delighted about reaching this very important milestone in the company's development," said Craig Rowe, Founder and CEO of ClearRisk. "We have a great staff team, an experienced Board of Directors, enthusiastic customers, and very supportive shareholders. Combined with our rapid sales growth and recent venture capital investment, we are very well-positioned for success."
Early in 2011, ClearRisk received venture capital from Growthworks, a leading Canadian VC firm. "ClearRisk was a logical fit for our portfolio," said Tom Hayes, President and CEO of Growthworks Atlantic. "Craig and his staff really know the insurance industry and have a great product/market fit. We think they have great potential."
ClearRisk provides cloud and mobile applications for risk and insurance. "We make Insurance brokers more successful." said Rowe. "We are maniacally focused on their success by providing them with solutions that give them a differentiator to create competitive advantage in the mid-market. We help them open doors, close sales, and retain business."
Mike Grandinetti, ClearRisk Board Director added, “I have been working with Craig and his exceptional team for over two years. Based on Craig's 20 years of domain experience, he has brought an innate understanding of the risk industry to his role as CEO. As a result, ClearRisk has quickly become the leader in their industry through both developing their innovative purpose-built solutions for insurance brokers, and by using modern digital marketing methods to build their sales channel and customer base. I have had the privilege of working as a Board member and advisor with many successful technology companies throughout North America and Europe for the past decade; I have been most impressed with ClearRisk's commitment to best practices across all functional areas of the company, and their corresponding market traction and increasing industry recognition. I am confident that this is the right team at the right time in this rapidly growing market space" added Grandinetti.
ClearRisk has received significant support from ACOA, the NRC, the NL INTRD, the First Angel Network, and several individual investors. “We have been very fortunate to have received the support of some leading funding and investment organizations in our region. Building a technology company takes a lot of time and capital, and we couldn’t have done it without their support,” said Rowe.
ClearRisk is exhibiting at the RIMS Canada Conference in Ottawa this week. "It's business as usual at ClearRisk as we turn five. It's great to celebrate milestones and successes, but we can't let it slow us down or distract from our focus on creating and delivering great products and making our customers profitable," said Rowe.