What Fasst does

FASST is a French InsurTech founded in 2017 and headquartered in Angoulême, with additional offices in Paris and Bordeaux. The company develops a modular, API-first platform for the digital distribution of insurance and wealth-management products, serving insurers, mutuals, social protection groups, brokers, and independent wealth advisors (CGPs) in France. Its customer base spans 40+ enterprises including Malakoff Humanis, AG2R La Mondiale, Groupama, Covea, Macif, Matmut and Amundi, with 20,000 active users and approximately 1 million API calls per month on the platform.

The platform is organized around three interconnected solution lines: sales-journey tools (OIP for custom underwriting journeys, SID for ready-to-use standardized journeys, and the Flexi suite for product configuration and document generation); advisory workspaces (HUB Individuel, HUB Collectif, HUB Patrimoine, plus the Ernest CRM for wealth advisors); and a library of API-accessible Digital Services modules covering affiliation, beneficiary clause, medical questionnaire, reimbursement simulator, savings simulator, retirement simulator, investor profile, waivers, and portfolio transfer. The architecture is built on open microservices using Node.js, React, Go, GraphQL, MongoDB, AWS and Docker, with HDS-certified hosting for health data and CNIL/GDPR compliance. FASST has expanded through the 2025 acquisitions of MAXIREM (compensation and retirement software) and UPSIDEO (wealth management digital solutions).

FASST operates a B2B SaaS model with subscription-based platform licensing and module-level API licensing, monetized through direct enterprise sales with personalized demos. The company has raised €33 million to date — including a €27 million round in November 2024 from Bpifrance and Revaia (formerly Galiena Capital) earmarked for European expansion — and reports €12 million in annual revenue. It has been ranked 8th–9th French InsurTech in the Fintech 100 (2024–2026) and won the Cas d'OR du Digital 2025 and Trophée Patrimonia 2024 awards.

Name

Fasst

Legal name

F.ASS.T

Website

https://fasst.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

FASST is a French InsurTech that provides an API-first modular platform for the digital distribution of insurance and wealth-management products. It serves 40+ insurers, mutuals, brokers, and wealth advisors across France, generating approximately €12 million in annual revenue.

Ownership category

akta.pro rank

Product category

Insurance Distribution Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE)

akta.pro secondary industry

Digital/Hybrid Robo-Wealth & Retirement Advisory (FSAEABAK)

Keywords

• Insurance distribution platforms
• Insurtech software
• Underwriting journey automation
• Wealth management advisory tools
• Insurance API marketplace

Headquarters

HQ city

Angoulême

HQ country

France

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Licensing: B2B SaaS platform providing subscription-based access to digital distribution solutions for insurance and wealth management. Revenue generated from platform licensing, API usage, and module deployment.
2. Module/Component Licensing: Revenue from individual digital service modules (Affiliation, Beneficiary Clause, Medical Questionnaire, etc.) that can be activated independently via API integration.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Fasst provides a modular SaaS platform ecosystem that enables insurers, mutuals, brokers, social protection groups and wealth management advisors to design, deploy and operate digital underwriting and advisory journeys. Its offerings span sales journey platforms (OIP, SID, Flexi with FlexiProduct and FlexiDocs), advisory workspaces (HUB Individuel, HUB Collectif, HUB Patrimoine), and a library of post-sale API modules (Affiliation, Beneficiary Clause, Medical Questionnaire, Reimbursement Simulator, Savings/Retirement Simulators, Investor Profile, Waivers and Notices, Portfolio Transfer) accessible through an API marketplace.

Product overview

FASST is a French InsurTech platform provider offering a modular ecosystem of distribution technology solutions for insurance and wealth management. The core portfolio comprises three interconnected solution lines: (1) Sales Journey solutions (OIP, SID, Flexi) for underwriting and product configuration; (2) Advisory support tools (HUB Individuel, HUB Collectif, HUB Patrimoine) for pre-sale and advisory workflows; and (3) Digital Services modules (Affiliation, Beneficiary Clause, Medical Questionnaire, Reimbursement Simulator, Savings Simulator, Retirement Simulator, Investor Profile, Waivers and Notices, Portfolio Transfer) accessible via API for post-sale contract lifecycle management. FlexiProduct handles product configuration, FlexiDocs manages document generation, and Pricing Engines deliver real-time rate calculations. The Marketplace provides centralized API library access. In 2025, FASST expanded through acquisitions of MAXIREM (compensation and retirement optimization) and UPSIDEO (wealth management digital solutions).

Differentiator

Problem solved

Functional benefit

Brands

• OIP - Open Insurance Platform: Platform for creating tailored underwriting journeys
• SID - Standard Insurance Distribution
• Flexi
• FlexiProduct
• FlexiDocs
• HUB FASST
• HUB Individuel
• HUB Collectif
• HUB Patrimoine
• Ernest
• Digital Services

Products and services

• OIP - Open Insurance Platform Customizable underwriting journey platform enabling insurers, mutuals and brokers to create bespoke digital sales paths from client data entry through electronic signature and compliance obligations. Designed for organizations requiring 100% tailored journeys.
• SID - Standard Insurance Distribution Standardized ready-to-use insurance distribution platform deploying pre-configured underwriting journeys rapidly with a modular architecture, allowing view customization while respecting regulatory and functional constraints.
• Flexi Product and contract management platform that centralizes insurance offers and simplifies document workflows. Comprises FlexiProduct for product and rule configuration, FlexiDocs for document generation, and Pricing Engines for real-time rate calculation.
• FlexiProduct Product configuration module within Flexi enabling centralized offer management, business rule parameterization, and automated underwriting rules across all distribution channels with multi-version management.
• FlexiDocs Document generation and publishing module within Flexi that automates creation of contractual documents, manages versions, and triggers automated mailings at key workflow stages.
• Pricing Engines Real-time insurance pricing calculation engines for Health, Protection, Savings, Retirement, and P&C insurance. Provides business teams with autonomy to configure pricing rules, formulas, and conditions via dedicated engines per product line with real-time API calculation.
• HUB FASST Comprehensive advisory workspace platform with three specialized hubs unifying tools, data, and analyses to reinforce advisory quality across individual, collective and wealth management segments.
• HUB Individuel Hub dedicated to individual social protection covering self-employed workers (TNS), business owners and employee coverage, consolidating social protection and remuneration tools for the individual market.
• HUB Collectif Hub focused on collective health and provident insurance with expertise in collective agreements (CCN), providing tools and simulators for group scheme management and employer obligations.
• HUB Patrimoine Dedicated wealth management advisory hub featuring Ernest CRM, enabling advisors to consolidate client data, project scenarios, and secure the duty of advice across all asset classes.
• Digital Services (Services Numériques) Suite of ready-to-use API-connected modules for post-sale contract lifecycle management including affiliation, beneficiary clause, medical questionnaire, reimbursement simulator, savings simulator, retirement simulator, investor profile, waiver cases, and portfolio transfer capabilities.
• Affiliation Module that digitalizes employee enrollment with secure links, electronic signature, automatic data transmission and GDPR compliance. Reduces collection time by 75% and enables contract activation in under 7 days.
• Beneficiary Clause Module that digitalizes designation, signing and archiving of beneficiaries under provident or pension schemes with electronic signature and timestamped consent. Achieves over 98% valid clauses and reduces processing costs by up to 80%.
• Medical Questionnaire Dynamic health data collection module with conditional forms, encrypted transfers, HDS-certified hosting and automatic data routing. Compliant with health data regulations with automatic deletion after processing.
• Reimbursement Simulator Real-time health reimbursement calculator showing out-of-pocket costs and coverage levels. Boosts NPS by 10-15 points, drives +20% sales conversion, and reduces incoming calls by 30%.
• Savings Simulator Long-term savings projection tool generating personalized scenarios based on return assumptions, fees, and inflation. Supports regular or one-off contributions with side-by-side comparison and REST API integration.
• Retirement Simulator Simulation module for retirement projections enabling clients to visualize retirement scenarios and plan accordingly.
• Investor Profile Module assessing client financial situation, investment objectives, and risk tolerance compliant with DDA and MiFID II regulations. Generates compliant PDF summaries automatically added to client files with 100% regulatory compliance.
• Waivers and Notices Module covering all 9 authorized legal exemption grounds with dual HR/employee interface. Centralizes supporting documents with automated reminders and URSSAF-compliant receipt management.
• Portfolio Transfer Module automating employee data collection during insurer changes. Collects information on employees on leave or receiving annuities, verifies data, and integrates automatically into new contracts ensuring continuity of rights.
• Marketplace (API Library) API library bringing together all tools to manage and automate insurance distribution workflows from business data to document compliance, enabling seamless connected sales journeys with REST APIs, webhooks, SFTP connectors and a sandbox environment.

Quantifiable outcome

• 50% reduction in delivery delays and 75% cost reduction according to Malakoff Humanis testimonial
• +10 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature11 records

Partnerships

Five partnerships are on record, tiered supporting.

• La French TechsupportingStrategic or Co-development PartnerFASST is part of the La French Tech ecosystem, supporting French technology innovation and growth.
• Finance InnovationsupportingStrategic or Co-development PartnerFASST holds the Finance Innovation label, recognizing innovative financial technology companies in France.
• Nouvelle-Aquitaine RegionsupportingStrategic or Co-development PartnerRegional government support for FASST project as part of ERDF/FSE 2021-2027 Operational Program.
• Microsoft for StartupssupportingTechnology or IntegrationFASST is part of Microsoft for Startups global program, providing technology ecosystem support.
• PwC Scale ProgramsupportingStrategic or Co-development PartnerFASST is included in PwC Scale program supporting high-growth technology companies.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Shift Technology: French InsurTech providing AI-driven fraud detection and claims automation for insurance carriers. Comparable as a fellow French InsurTech serving major insurance groups with SaaS technology, though focused on claims vs. FASST's distribution focus.
• Akur8: French InsurTech offering AI-powered insurance pricing solutions to carriers globally. Direct peer in French InsurTech SaaS space serving insurance pricing teams, an adjacent function to FASST's product/pricing configuration.
• Zelros: French AI platform for insurance distribution and advisor assistance. Directly comparable as a French InsurTech serving insurance advisors and brokers with AI-driven recommendations and underwriting support.
• Instanda: UK-based insurance product configuration and underwriting platform serving global insurers. Direct peer offering configurable insurance products and digital distribution workflows to carriers and brokers.
• Prima Solutions: European insurance software provider offering core systems, product configuration, and distribution solutions to insurers and mutuals. Direct peer in insurance SaaS with overlapping product configuration and underwriting capabilities.
• Earnix: Global provider of AI-based pricing and personalization solutions for insurance and banking. Comparable as analytics and pricing SaaS for insurance with similar enterprise sales motion to insurers.

Broad incumbents

• Guidewire: Global leader in core insurance software for property & casualty insurers. Broad incumbent offering underwriting, claims, and distribution suites at much larger scale, posing competitive threat in enterprise insurance software.
• Duck Creek Technologies: US-headquartered SaaS provider of core systems for P&C insurers including underwriting, policy administration, and distribution. Broad incumbent offering insurance SaaS at significantly larger scale.
• Sapiens: Global provider of software solutions for insurance, retirement, and financial services. Broad incumbent offering policy administration, underwriting, and distribution platforms with similar enterprise customer base.

Regional players

• Wepoint: French insurance software provider offering CRM and distribution solutions to insurance intermediaries. Regional peer in French InsurTech serving similar broker and agent networks with complementary tooling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/f-ass-t
• Xx.com/fasst_ccn

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fasst