AGA + PLUS

Westmount, Canada Founded: 2000 • Age: 26 yrs Acquired By Novacap
Diversified insurance services are offered to various clients.
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About AGA + PLUS

AGA + PLUS is a company based in Westmount (Canada) founded in 2000 was acquired by Novacap in October 2020.. AGA + PLUS has completed 4 acquisitions, including Aptus Benefits, Cangaroo and J&D Benefits. AGA + PLUS offers products and services including ATOUT 2-25, ÉLITE 5-49, ÉVOLUTION 50-124, AGA +PLUS, and Clinique virtuelle. AGA + PLUS operates in a competitive market with competitors including Sun Life Financial, The Co-operators, Blue KC, Canada Life and Prudential, among others.

  • Headquarter Westmount, Canada
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Groupe Financier Aga Inc.
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    NovaCap

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Novacap

    (Oct 05, 2020)

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Products & Services of AGA + PLUS

AGA + PLUS offers a comprehensive portfolio of products and services, including ATOUT 2-25, ÉLITE 5-49, ÉVOLUTION 50-124, AGA +PLUS, and Clinique virtuelle. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Insurance plan for small enterprises with 2-25 employees

Insurance solution for medium-sized businesses with 5-49 employees

Insurance regime for enterprises with 50-124 employees

Cost-control and third-party administration for insurance claims

Virtual health support as part of insurance benefits

Additional perks to enhance corporate insurance packages

People of AGA + PLUS
Headcount 200-500
Employee Profiles 17
Employee Profiles
People
Massimo Nini
Senior Vice-president, Consulting, Underwriting & Actuarial
People
Stéphanie Bélisle
Conseillère Séniore En Régimes D'assurance Collective
People
Michel Silvestri
Directeur De Comptes, Actuariat
People
Catherine Gingras
Partenaire D'affaires RH

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Funding Insights of AGA + PLUS

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Seed - AGA + PLUS Valuation TA
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 AGA + PLUS

AGA + PLUS has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NovaCap and TA Associates. 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
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by private equity firm TA.
Founded Year Domain Location
Acquisitions are targeted by Novacap, a private equity firm.
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 AGA + PLUS

AGA + PLUS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aptus Benefits, Cangaroo and J&D Benefits. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
HR software for small and medium-sized businesses is provided.
2015
Health, dental, and critical illness insurance services are provided.
2012
Insurance, employee benefits, and accounting services are provided.
1986
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AGA PLUS

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

Aga + Plus Comparisons

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Competitors of AGA + PLUS

AGA + PLUS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sun Life Financial, The Co-operators, Blue KC, Canada Life and Prudential, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Insurance and asset management services are offered to diverse clients.
domain founded_year HQ Location
Diversified insurance services are offered across Canada.
domain founded_year HQ Location
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
domain founded_year HQ Location
Provider of life insurance, investment, and retirement products
domain founded_year HQ Location
Financial services for pensions and investments are provided by Prudential.
domain founded_year HQ Location
Mutual life insurance is provided to clients across Canada.
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 Aga + Plus

Frequently Asked Questions about AGA + PLUS

When was AGA + PLUS founded?

AGA + PLUS was founded in 2000 and raised its 1st funding round 24 years after it was founded.

Where is AGA + PLUS located?

AGA + PLUS is headquartered in Westmount, Canada. It is registered at Westmount, Quebec, Canada.

Who is the current CEO of AGA + PLUS?

Martin Papillon is the current CEO of AGA + PLUS.

What does AGA + PLUS do?

AGA PLUS diversified insurance carrier through offering financial products and advice, insurance carriers, and diversified. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of AGA + PLUS?

AGA + PLUS's top competitors include Sun Life Financial, The Co-operators and Beazley.

What products or services does AGA + PLUS offer?

AGA + PLUS offers ATOUT 2-25, ÉLITE 5-49, ÉVOLUTION 50-124, AGA +PLUS, and 2 more products and services.

How many acquisitions has AGA + PLUS made?

AGA + PLUS has made 4 acquisitions, including Aptus Benefits, Cangaroo, and J&D Benefits.

Who are AGA + PLUS's investors?

AGA + PLUS has 2 investors. Key investors include NovaCap, and TA Associates.

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