Sept. 28, 2016—Estify has raised $6.3 million in new financing from two private equity firms.
The two firms are Romulus Capital, located in Cambridge, Mass., and ff Venture Capital in New York.
“The lack of data-drive accuracy in this industry costs lives and billions of dollars,” said Neil Chhedua, partner at Romulus. “This problem must be solved, and Estify’s team and technology is uniquely positioned to solve it.”
Romulus and ff Venture previously invested $1.5 million into Estify in October 2014 to bring the software to market.