Startup profile · funding coverage
Gain Compliance startup funding profile
Cloud-native NAIC statutory financial reporting software for insurance carriers.
Stage
growth
Status
private
Coverage
full
Overview
Gain Compliance builds cloud software for insurance statutory financial reporting — preparing, reviewing, and filing NAIC annual and quarterly statements with automated notes management and compliance updates. Founded August 2016 and headquartered downtown Des Moines (904 Walnut Street, Suite 100). The company won IASA Solution Provider of the Year recognition for modernizing a market that had seen little new vendor competition in over a decade.
Why Gain Compliance is interesting
Des Moines compliance SaaS at the center of Iowa's carrier density — first new NAIC-approved statutory reporting vendor since 2001, adopted by 300+ carriers for annual and quarterly statement workflows.
Product & use cases
Cloud platform for insurance statutory financial statements — notes automation, NAIC/SAPWG update integration, and e-filing consistency checks.
- Carrier statutory accounting teams preparing annual statements
- Quarterly NAIC filing workflows with collaborative review
- Replacing legacy on-prem statutory reporting systems
Key facts
- Des Moines HQ — NAIC statutory reporting SaaS
- First new NAIC-approved statutory vendor since 2001 (company claim)
- 300+ carrier customers per public materials
- IASA Solution Provider of the Year award
Competitive landscape
Edge: Purpose-built statutory reporting versus generic financial close tools — deep NAIC workflow coverage with modern cloud UX.
-
Legacy statutory reporting vendors incumbent
Incumbent PAS/statutory suites carriers have used for decades.
-
Generic financial close software adjacent
Horizontal close tools lack NAIC-specific notes and filing logic.
Industries
Related funding articles
Venture Capital Tracker pieces that cover Gain Compliance's financing or category context.
FAQs about Gain Compliance
Practical answers founders, operators, and investors typically search for.
Last updated: 2026-07-29