AIR Worldwide

Boston, United States Founded: 1987 • Age: 39 yrs Acquired By INSURANCE SERVICES OFFICE, INC
Cloud-based risk management solutions for insurance are provided.
Annual revenue $11.6M Latest available
Total funding - 3 rounds
Employees 486 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About AIR Worldwide

AIR Worldwide is a company based in Boston (United States) founded in 1987 was acquired by INSURANCE SERVICES OFFICE, INC in May 2002. The company has 486 employees as of March 22, 2024. AIR Worldwide operates in a competitive market with competitors including Sedgwick, Megvii, Coalfire, Encompass and Tripwire, among others.

  • Headquarter Boston, United States
  • Employees 486 as on 22 Mar, 2024
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verisk Analytics India Private Limited
  • Date of Incorporation 14 Jul, 2000
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.65 M (USD)
    28.47
    as on Mar 31, 2023
  • Net Profit
    $1.07 M (USD)
    67.19
    as on Mar 31, 2023
  • EBITDA
    $2.3 M (USD)
    33.98
    as on Mar 31, 2023
  • Latest Funding Round
    $411.09 K (USD), Grant

    Sep 01, 2017

  • Investors
  • Employee Count
    486

    as on Mar 22, 2024

  • Acquired by
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People of AIR Worldwide

Headcount 500-1000
Employee Profiles 177
Employee Profiles
People
Srimanta Ghosh
Manager (technical) - Catastrophe Model Validation
People
James Bachand
Senior Software Engineering Manager
People
Tejaswi Battula
Principal Data Engineer
People
Boyko Dodov
VICE President, Director OF Flood AND Athmospheric Perils

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Funding Insights of AIR Worldwide

Investors in AIR Worldwide

AIR Worldwide has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include European Union, United States Geological Survey and Verisk.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Government entities provides science and information about natural hazards, water, energy, minerals, and other natural resources
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Advanced data analytics and technology solutions are provided for insurance.
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Investor details for AIR Worldwide

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Investments & Acquisitions by AIR Worldwide

Investments
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Investment portfolio details for AIR Worldwide

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Financial Statements - AIR Worldwide

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Detailed financials for AIR Worldwide

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Air Worldwide Comparisons

AIR Worldwide Primary company
Description
Cloud-based risk management solutions for insurance are prov...
Location
Boston, United States
Founded Year
1987
Annual Revenue
$11.65 M (USD)
Net Profit
$1.07 M (USD)
EBITDA
$2.3 M (USD)
Employees
486
As of 2024
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Peer comparison for AIR Worldwide

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Competitors of AIR Worldwide

AIR Worldwide 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 Sedgwick, Megvii, Coalfire, Encompass and Tripwire, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
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Facial recognition and AI video analysis solutions are provided.
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IT security governance, risk, and compliance solutions are provided.
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Corporate Digital Identity and KYC solutions are provided by Encompass.
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Cybersecurity solutions are provided for integrity and compliance management.
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Risk management software is supplied for insurance and various sectors.
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Detailed competitors of AIR Worldwide

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Latest news on Air Worldwide

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Complete news archive for AIR Worldwide

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Frequently Asked Questions about AIR Worldwide

AIR Worldwide was founded in 1987 and raised its 1st funding round 22 years after it was founded.

AIR Worldwide is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

As of Mar 22, 2024, the latest employee count at AIR Worldwide is 486.

Annual revenue of AIR Worldwide is $11.65M as on Mar 31, 2023.

AIR Worldwide was founded in 1987 and is based in Boston, United States. Cloud-based tools for risk assessment and management in the insurance industry are developed and offered. Key products include Touchstone for enterprise modeling, Life Risk Navigator for life insurance risks, ARC for cyber analytics, Touchstone Re for catastrophe evaluation, and Arium for portfolio analysis. Services encompass insurance-linked securities, cyber risk insights, and regulatory consulting to support insurance operations.

AIR Worldwide's top competitors include Sedgwick, Megvii and Encompass.

AIR Worldwide has 3 investors. Key investors include European Union, United States Geological Survey, and Verisk.

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