Alpharetta Insurance Technology Firm Decisely Raises $3.5M

Alpharetta Insurance Technology Firm Decisely Raises $3.5M
A technology-enabled insurance firm in Alpharetta raised $3.5 million, according to a March 3 U.S. Securities and Exchange Commission filing.

Decisely, founded in 2015, produces an “all-in-one” human resources software to help small businesses manage their HR offerings, including employee benefits, payroll and retirement. This round had two investors, according to the filing.  

Oak Hill Capital Partners, Decisely employees and Sightway Capital, a subsidiary of Two Sigma Private Investments, are listed on the Decisely website as investors.

Kevin Dunn leads the firm as CEO. The company did not immediately respond to a request to comment. 

The firm has seven Alpharetta-based jobs open on their website and 71 employees listed on LinkedIn.  

In March 2017, Decisely raised $60 million in funding commitments from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants, according to a press release.  

Later that year, the company acquired the small business division of employee benefit broker IBX to expand its benefits platform.  

In 2019, the Technology Association of Georgia named Decisely one of its Top 40 Innovative Tech Companies.

Source: Atlanta Innovation

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