ATLANTA (September 1, 2021) – Smith Gambrell Russell (SGR) is pleased to announce that the firm served as legal counsel to Slope Software (Slope), the Atlanta insurtech startup that is modernizing actuarial modeling for insurers, in its $2 million investment led by Tech Square Ventures, a leading early-stage investment firm. Tech Square was joined in the round by Alerion Ventures and Charlotte Angel Fund, with significant participation from existing investor Cofounders Capital.
Slope is a 100% cloud-native actuarial modeling ecosystem that merges multiple disparate processes into a single unified platform, which reduces the labor required at every step, eliminates IT overhead, and provides seamless access to data analysis empowering teams to develop insights and build value quickly and efficiently. Slope has achieved proven success with its innovative solution, delivering as much as 95% efficiency gains to its customers. With this latest investment led by Tech Square Ventures, Slope is well-positioned to transform the insurance sector with new technology and methods in actuarial work.
The SGR Atlanta Legal Team included Partner Rett Peaden and Associate Erin Peterson McCallum in the Corporate M&A Practice.
About Slope Software
Slope Software is an actuarial financial projection modeling software company, designed using modern thinking that breaks through all the limitations of traditional financial modeling software. It uses an easy, point-and-click interface to create variables, build models, and stack assumptions–pulling data from regular spreadsheets or text files and outputting fully customizable reports right in the program. For more information, visit www.slopesoftware.com.
About Smith Gambrell Russell
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta, Austin, Jacksonville, London, Los Angeles, Miami, Munich, New York, Southampton, and Washington, D.C.