Principal Financial Group

Principal Financial Group, established in 1879 and headquartered in Des Moines, Iowa, is a leading global investment management firm that provides a comprehensive range of financial products and services. The company specializes in retirement savings, insurance solutions, and asset management for individuals, businesses, and institutional clients. It offers services such as retirement plans, mutual funds, and investment advisory, managing assets across various markets, including public and fixed income, real estate, and currencies. Principal Financial Group operates through a network of subsidiaries, including Principal Global Investors, which focuses on equity and debt investments globally. The firm is dedicated to empowering clients to achieve their financial goals through tailored investment strategies and a diverse portfolio.

Kara Hoogensen

Senior Vice President, Benefits and Protection and Head of Workplace Benefits

Shea Treadway

SVP, Head of Distribution - Benefits and Protection

Past deals in Iowa

Limelight Health

Series C in 2019
Limelight Health, Inc. is a developer of a cloud-based platform designed to streamline and automate the quoting, underwriting, and proposal processes for the employee benefits industry. Founded in 2014 and headquartered in San Francisco, California, with additional offices in Redding and Des Moines, the company serves health insurance carriers, general agents, and brokers. Its technology facilitates higher sales by automating manual workflows and enhancing plan distribution. The platform features a comprehensive suite of configurable microservices, including quoting, rating, proposal generation, and enrollment support, all aimed at simplifying user experiences and promoting brand value. Limelight Health also provides seamless integration with various industry systems through its API, allowing for efficient data management and process automation. As of August 2020, Limelight Health operates as a subsidiary of FINEOS Corporation Holdings plc.

Palisade Systems

Venture Round in 2009
Palisade Systems, Inc. specializes in enterprise content security and data protection solutions, offering a range of products designed to safeguard sensitive information and manage network traffic. Its key offerings include PacketSure, which protects private data; PacketGuard, which secures devices from unauthorized access; PacketDecoy, which intercepts and gathers intelligence on potential intruders; and ScreenDoor, which manages and restricts internet access. These solutions help protect intellectual property and client information, enforce access controls, and ensure compliance with privacy regulations. Palisade serves a diverse clientele, including healthcare, financial services, insurance sectors, and educational institutions across North America and Europe. Founded in 1996 in Ames, Iowa, the company is now headquartered in Des Moines, Iowa.

Palisade Systems

Series E in 2005
Palisade Systems, Inc. specializes in enterprise content security and data protection solutions, offering a range of products designed to safeguard sensitive information and manage network traffic. Its key offerings include PacketSure, which protects private data; PacketGuard, which secures devices from unauthorized access; PacketDecoy, which intercepts and gathers intelligence on potential intruders; and ScreenDoor, which manages and restricts internet access. These solutions help protect intellectual property and client information, enforce access controls, and ensure compliance with privacy regulations. Palisade serves a diverse clientele, including healthcare, financial services, insurance sectors, and educational institutions across North America and Europe. Founded in 1996 in Ames, Iowa, the company is now headquartered in Des Moines, Iowa.

LightEdge Solutions

Private Equity Round in 2004
LightEdge Solutions, based in Des Moines, Iowa, provides a comprehensive range of IT services tailored to support complex hybrid IT deployments. The company specializes in colocation, cloud computing, disaster recovery, and security services, all designed to meet stringent global security and compliance standards. LightEdge operates four purpose-built data centers that house its industry-leading private Infrastructure as a Service (IaaS) and cloud platforms. By integrating disaster recovery solutions with premium cloud options, LightEdge delivers a true Hybrid Cloud Solution Center model, offering clients exceptional flexibility and control over their mission-critical IT environments.
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