Advisen

New York, United States Founded: 2000 • Age: 26 yrs Acquired By Zywave
Commercial insurance solutions for underwriting and marketing are provided.

About Advisen

Advisen is a Financial Services company based in New York (United States) founded in 2000, and was acquired by Zywave in November 2020. Commercial insurance solutions for underwriting and marketing are provided. The company has 1 employees. Advisen has completed 1 acquisition, including Web Connectivity. Advisen offers products and services including Client Insight, Loss Insight, Front Page News, and OverVue. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Insurance Software Suite. Its legal entity is Advisen Ltd. Its competitors include Guidewire, Bold Penguin and OneShield; 2 of its 3 listed competitors have raised funding.

Company details

Advisen was founded in 2000 and is based in New York, United States, within the insurance sector. Insights into underwriting, marketing, and purchasing commercial insurance are delivered via products, events, research, and publications. Tools including Insured Insight, Policy Insight, Loss Insight, and Market Insight are utilized for analysis. Data analytics solutions focused on policy, cyber, and market insights are also offered to support operations.

  • Headquarters New York, United States
  • Employees 1
  • Stage Acquired
  • Sectors
    Financial Services
  • Website category Finance · Insurance
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website advisenltd.com
  • Social LinkedIn X Facebook
  • Acquired by Zywave (Nov 2020)
  • Legal Name Advisen Ltd
Key Metrics
  • Annual Revenue
    $42.63 K (USD)
    76
    as on Dec 31, 2023
  • Net Profit
    $15.81 K (USD)
    6
    as on Dec 31, 2023
  • Latest Funding Round
    $6.5M (USD), Debt – Conventional

    Jul 2016

  • Investors
    Zywave

    & 1 more

  • Employee Count
    1
  • Investments & Acquisitions
  • Acquired by
    Zywave

    (Nov 2020)

Products & Services of Advisen

Advisen offers a comprehensive portfolio of products and services, including Client Insight, Loss Insight, Front Page News, and OverVue.

Client Insight
Data Analytics

Platform for insurance client data and insights.

Loss Insight
Risk Analysis

Tool for evaluating insurance loss scenarios.

Front Page News
News Service

Daily updates on commercial insurance topics.

OverVue
Opportunity Tracking

Scorecard for insurance market opportunities.

Funding Insights of Advisen

  • Total Rounds 1
  • Last Round Debt – Conventional β€” $6.5M
  • First Round $6.5M

    (Jul 2016)

  • Investors Count 1

All 1 funding rounds of Advisen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2016$6.5MDebt – Conventional––
Valuation history

2 investors in total: 2 institutional.

Investors in Advisen

Advisen has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Zywave and SaaS Capital.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
saas-capital.com
Cloud-based agency management solutions are provided for the insurance industry.
1995zywave.comMilwaukee, United States
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Investor details for Advisen

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People of Advisen

11 people are tracked at Advisen (2 in leadership, 9 in team); the tracked headcount is 1.

NameRoleGroup
Jim Blinn
Executive Vice President, Client SolutionsLeadership
Edwin C.
Director of Client ExperienceLeadership
Kayla Meyer
BPO Project ManagerTeam
Ceci Neumann
General CounselTeam
Leslie Ann Jose-Castillo
Editorial ManagerTeam
lee worthington
Business Data AnalystTeam
Zur Keye Esteban
Client Services Team ManagerTeam
Kimberly Reilly
Global Business Development ExecutiveTeam
Nieruby Diaz
Loss Data ManagerTeam
Georgie Nacion
Customer Service Business AnalystTeam
Jack Combs
Global Business Development ExecutiveTeam
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Complete people profiles for Advisen

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Investments & Acquisitions by Advisen

Advisen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Web Connectivity.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software solution provider for insurance business processes
webconnectivityltd.comLondon, United Kingdom2003Mar 2011β€’β€’β€’β€’
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Complete acquisition details for Advisen

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  • Exports

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Timeline of Advisen

4 dated milestones of Advisen across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Advisen is founded.
  2. Acquisition Acquires Web Connectivity.
  3. Funding First funding round of $6.5M.
  4. Exit Acquired by Zywave.

Competitors of Advisen

Advisen has 3 listed competitors in our database, 2 of them funded. They include Guidewire, Bold Penguin and OneShield.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
guidewire.com2001San Mateo, United States3,415
Cloud-based platform for property and casualty insurance is provided.
boldpenguin.com2016Columbus, United States$32.1M210
Software suite is offered for commercial insurance quoting and binding.
oneshield.com1999Marlborough, United States$52.5M105
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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Detailed competitors of Advisen

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Advisen

The website of Advisen (advisenltd.com) receives about 5.1K visits a month and ranks #4,228,130 among all websites worldwide, #8,882 in Insurance.

  • Monthly visits
    5.1K

    ▲ 14.7% vs previous month

  • Unique visitors
    1.8K

    per month

  • Global rank
    #4,228,130

    among all websites

  • Category rank
    #8,882

    Finance · Insurance

Similar websites

Websites whose visitors overlap most with Advisen. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
advisen.com
advisen.com
100%
#4,025,132–
insurancejournal.com
72%
#200,073View details
crawfordandcompany.com
crawfordandcompany.com
72%
#9,303,631–
insurancexdate.com
insurancexdate.com
71%
#485,147–
www1.gotomeeting.com
www1.gotomeeting.com
43%
–

Top companies in Insurance Technology & Support Services

3 companies that operate in the same segment as Advisen (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United StatesUSD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M699
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Related news about Advisen

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Complete news archive for Advisen

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Frequently Asked Questions about Advisen

Advisen was founded in 2000 and raised its 1st funding round 16 years after it was founded.

Advisen is headquartered in New York, United States. It is registered at New York, New York, United States.

Advisen has 1 employees.

Annual revenue of Advisen is $42.63K as on Dec 31, 2023.

Advisen was founded in 2000 and is based in New York, United States, within the insurance sector. Insights into underwriting, marketing, and purchasing commercial insurance are delivered via products, events, research, and publications. Tools including Insured Insight, Policy Insight, Loss Insight, and Market Insight are utilized for analysis. Data analytics solutions focused on policy, cyber, and market insights are also offered to support operations.

Advisen's top competitors include Guidewire, Bold Penguin and OneShield.

Advisen offers Client Insight, Loss Insight, Front Page News, and OverVue.

Advisen has made 1 acquisition, including Web Connectivity.

Advisen has 2 investors. Key investors include Zywave, and SaaS Capital.

Advisen operates through Advisen Ltd.

Yes. Advisen was acquired by Zywave in November 2020.

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