Affordable Insurance Service

Hendersonville, United States Founded: 1999 • Age: 27 yrs Acquired By Confie
Personal insurance agency that offers a range of insurance products, including auto, home, and business insurance

About Affordable Insurance Service

Affordable Insurance Service was established in 1999 as an independent agency in Hendersonville, North Carolina, United States. Personal and commercial insurance coverage, including auto, home, and business options, is provided through partnerships with various carriers. Operations focus on risk management for individuals and businesses, with services tailored to client needs in the insurance sector across the region.

  • Headquarter Hendersonville, United States
  • Founders Rebecca Butler, Charles Butler
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Freeway Insurance Services, Inc.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Confie

    (Jul 29, 2024)

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Funding Insights of Affordable Insurance Service

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Affordable Insurance Service

Affordable Insurance Service has secured backing from 1 investor. Prominent investors backing the company include Confie. 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.

All
Investor Description Founded Year Domain Location
Personal lines insurance is distributed for standard and non-standard markets.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Affordable Insurance Service

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Affordable Insurance Service

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Affordable Insurance Service Comparisons

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Competitors of Affordable Insurance Service

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Affordable Insurance Service

Frequently Asked Questions about Affordable Insurance Service

When was Affordable Insurance Service founded?

Affordable Insurance Service was founded in 1999.

Where is Affordable Insurance Service located?

Affordable Insurance Service is headquartered in Hendersonville, United States.

What does Affordable Insurance Service do?

Affordable Insurance Service was established in 1999 as an independent agency in Hendersonville, North Carolina, United States. Personal and commercial insurance coverage, including auto, home, and business options, is provided through partnerships with various carriers. Operations focus on risk management for individuals and businesses, with services tailored to client needs in the insurance sector across the region.

Who are Affordable Insurance Service's investors?

Affordable Insurance Service has 1 investor. Key investors include Confie.

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