About Aha Insurance
Aha Insurance is a company based in Waterloo (Canada) founded in 2017 was acquired by Southampton Financial in December 2023.. Aha Insurance offers products and services including Commercial Auto Insurance, Commercial Liability Insurance, and Commercial Property Insurance. Aha Insurance operates in a competitive market with competitors including Lowest Rates, MIG Insurance, Insurego, Generations Insurance and Insurance Hunter, among others.
- Headquarter Waterloo, Canada
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ignite Services Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Southampton Financial
(Dec 07, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Aha Insurance
Aha Insurance offers a comprehensive portfolio of products and services, including Commercial Auto Insurance, Commercial Liability Insurance, and Commercial Property Insurance. 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.
Covers commercial vehicles and fleets for road risks.
Protects businesses from liability claims and risks.
Safeguards business properties and assets from damages.
Funding Insights of Aha Insurance
| 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 Aha Insurance
Aha Insurance has secured backing from 1 investor. Prominent investors backing the company include Southampton Financial. 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 |
|---|---|---|---|---|
|
Southampton Financial is engaged in strategic investment within the Canadian insurance distribution sector.
|
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 Aha Insurance
| 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 - Aha Insurance
| 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 |
Aha Insurance Comparisons
Competitors of Aha Insurance
Aha Insurance 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 Lowest Rates, MIG Insurance, Insurego, Generations Insurance and Insurance Hunter, 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 |
Comparison platform for financial products
|
|
| domain | founded_year | HQ Location |
Insurance platform for home, auto, and business insurance
|
|
| domain | founded_year | HQ Location |
Insurance comparison platform
|
|
| domain | founded_year | HQ Location |
Online comparisons for personal and business insurances are provided.
|
|
| domain | founded_year | HQ Location |
Provides online platform for comparing and purchasing insurance policies in 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.
|
Frequently Asked Questions about Aha Insurance
When was Aha Insurance founded?
Aha Insurance was founded in 2017.
Where is Aha Insurance located?
Aha Insurance is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Who is the current CEO of Aha Insurance?
Steve Livingstone is the current CEO of Aha Insurance.
What does Aha Insurance do?
Aha Insurance was founded in 2017 in Waterloo, Canada, as an online platform in the property and casualty insurance sector. Auto, home, tenant, and condo insurance products are offered through a fully digital application process. Instant quotes are provided, and policies can be purchased online. Customer service is handled by Ignite Services, while coverage is underwritten by Zenith Insurance.
Who are the top competitors of Aha Insurance?
Aha Insurance's top competitors include MIG Insurance, Lowest Rates and Generations Insurance.
What products or services does Aha Insurance offer?
Aha Insurance offers Commercial Auto Insurance, Commercial Liability Insurance, and Commercial Property Insurance.
Who are Aha Insurance's investors?
Aha Insurance has 1 investor. Key investors include Southampton Financial.