Jennifer Carroll takes over the top spot at Veruna
Hopkinton-based Veruna has a new CEO. On February 5, 2020, the company named Jennifer Carroll as its new CEO. Ms. Carroll replaces outgoing CEO Bob Scullin, who will move into an expanded and ongoing role at the Keystone Insurance Group. Keystone is a major investor in Veruna. In commenting on the new appointment, Jon Lincoln, founder and chief product strategist at Veruna said,”
“Jennifer has been part of the Veruna team as strategic adviser relating to growth strategy, but her expertise extends far beyond advising startups on funding. She’s well-versed in high growth potential technology, and she started Day One with a clear understanding of our business and the change we bring to the table for insurance agencies. We’re very happy to have her at the helm.”
Carroll has extensive experience advising technology startups through all life phases, from formation to venture financing to exits, including mergers and acquisitions (M&A). She is also a registered patent attorney with focused study and practice involving intellectual property (IP) matters, such as patent counseling, trademark prosecution, licensing, strategic partnerships, and Software-as-a-Service (SaaS) arrangements. Prior to being named CEO, Carroll helped the company raise more than $5 million in seed and Series A funding, and as CEO she is focused on optimizing operations for efficiency and scaling the company.
“Technology designed specifically for insurance agencies has been at a development standstill for decades,” said Carroll. “Veruna took a clean slate look at the way agencies need to do business today and tomorrow in order to be competitive. We’ve minimized implementation issues with cloud deployment and change management by building on the Salesforce platform. I’m looking forward to taking the company to new heights as CEO.”
Carroll formerly served as general counsel and a fractional C-suite executive for startups such as Drillinginfo (now Enverus), the leading provider of data and analytics in the oil and gas industry, and Revionics, provider to Tier 1 retailers of pricing optimization software, as well as running a law firm focused exclusively on high-growth potential companies.
More about Veruna
Veruna touts itself as the only Agency Management System for independent agents built directly on the Salesforce platform. Its innovative approach to agency management is through the coupling of “… exceptional technology with industry expertise” delivering higher levels of mobility, flexibility, customization, and integration all backed by the expansion capabilities inherent to the Salesforce AppExchange.” The company which officially launched in 2016, was that year’s winner of the ACORD 2016 Innovation of the Year award, as well as the 2017 Organization Leadership and Case Study awards.
For further insights on Veruna, here is a link to and Agency Checklists interview with Veruna and its founder Jon Lincoln in 2017, “Veruna – Offering An Innovative Alternative To Agents Looking To Eschew Good Enough Insurance Technology.“
