Kryon Systems Raises $12 Million in Series B Funding Round
The Israeli-linked company develops virtualized agents that can communicate with clients via emails, automating organizational processes like outpayments and insurance claim processing
Franklin Lakes, New Jersey-based company Kryon Systems Ltd. raised $12 million in a series B funding round led by Aquiline Technology Growth and Vertex Ventures, the company announced Monday.
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Aquiline Technology Growth is managed by Aquiline Capital Partners, a New York-based private equity firm. It invests in insurance and financial services-related technology companies.Vertex Ventures invests in early-stage IT and healthcare opportunities in China, Silicon Valley, India, Israel, and South East Asia.