About Agero
Agero is a company based in Medford (United States) founded in 1972 was acquired by Sirius XM in August 2013.. Agero has raised $1.51 million across 1 funding round from investors including SiriusXM. The company has 2,233 employees as of December 31, 2022. Agero has completed 1 acquisition, including Agero. Agero offers products and services including Roadside Assistance and Accident Management.
- Headquarter Medford, United States
- Employees 2233 as on 31 Dec, 2022
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Phone
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Website
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Social
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- Legal Name Agero, Inc
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Products & Services of Agero
Agero offers a comprehensive portfolio of products and services, including Roadside Assistance and Accident Management. 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.
Roadside assistance services are provided to address driver needs during events, drawing from industry expertise and real-time data.
Accident management solutions are offered to streamline incident handling for automakers, insurers, and service providers.
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Software Development Team
59 people
Senior Team
22 people
Leadership Team
18 people
Product Management Team
15 people
Human Resources and Administration
15 people
Sales and Marketing
14 people
Finance and Accounting
13 people
Creative and Marketing Team
5 people
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Funding Insights of Agero
Agero has successfully raised a total of $1.51M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.51 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Unspecified — $1.5M
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First Round
First Round
(17 Aug 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Unspecified - Agero | Valuation |
investors |
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| 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 Agero
Agero has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SiriusXM. 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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Satellite radio and streaming audio entertainment services are provided.
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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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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 Agero
Agero has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Agero. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Driver assistance solutions are provided by Agero for automotive industries.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Agero
| 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 |
Agero Comparisons
Competitors of Agero
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Agero
When was Agero founded?
Agero was founded in 1972 and raised its 1st funding round 44 years after it was founded.
Where is Agero located?
Agero is headquartered in Medford, United States. It is registered at Medford, Oregon, United States.
Is Agero a funded company?
Agero is a funded company, having raised a total of $1.51M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.51M, raised on Aug 17, 2016.
How many employees does Agero have?
As of Dec 31, 2022, the latest employee count at Agero is 2,233.
What does Agero do?
Agero was founded in 1972 and is headquartered in Medford, United States. Roadside assistance and accident management solutions are offered through digital dispatch systems and software platforms. These tools manage roadside events for automakers, insurance providers, and service networks. Real-time information sharing is enabled among consumers, agents, and clients. Business management resources are also supplied to service providers in the automotive sector.
What products or services does Agero offer?
Agero offers Roadside Assistance and Accident Management.
How many acquisitions has Agero made?
Agero has made 1 acquisition, including Agero.
Who are Agero's investors?
Agero has 1 investor. Key investors include SiriusXM.