About Advance Insurance
Advance Insurance was established in 1978 in Orem, United States, within the insurance brokerage sector. Operations are centered on facilitating auto and home insurance policies for clients. Services include policy sourcing and advisory support, conducted primarily through an online domain at advance-insurance.net. The company maintains a focus on regional coverage in the United States, serving individual and possibly commercial needs in personal lines insurance.
- Headquarter Orem, United States
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
WellCare Health Plans
(Jun 01, 2006)
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Funding Insights of Advance Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advance Insurance
Advance Insurance has secured backing from 1 investor. Prominent investors backing the company include WellCare Health Plans. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government-sponsored health care coverage to consumers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advance Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Advance Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advance Insurance Comparisons
Competitors of Advance Insurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Advance Insurance
When was Advance Insurance founded?
Advance Insurance was founded in 1978.
Where is Advance Insurance located?
Advance Insurance is headquartered in Orem, United States. It is registered at Orem, Utah, United States.
What does Advance Insurance do?
Advance Insurance was established in 1978 in Orem, United States, within the insurance brokerage sector. Operations are centered on facilitating auto and home insurance policies for clients. Services include policy sourcing and advisory support, conducted primarily through an online domain at advance-insurance.net. The company maintains a focus on regional coverage in the United States, serving individual and possibly commercial needs in personal lines insurance.
Who are Advance Insurance's investors?
Advance Insurance has 1 investor. Key investors include WellCare Health Plans.
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