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.
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Verisk Analytics India Private Limited
  • Date of Incorporation 14 Jul, 2000
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Enterprise Software & Productivity Solutions
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Technology → Artificial Intelligence & Machine Learning
Financial Services → FinTech & Digital Finance
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

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $411,088
  • First Round

    (23 Jul 2009)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Grant - AIR Worldwide Valuation

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Jan, 2017 Amount Grant - AIR Worldwide Valuation

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Jul, 2009 Amount Grant - AIR Worldwide Valuation

investors

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

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 - AIR Worldwide

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

Air Worldwide Comparisons

Employees
+
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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. 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
Claims administration, loss adjusting, and benefits management services are provided.
domain founded_year HQ Location
Facial recognition and AI video analysis solutions are provided.
domain founded_year HQ Location
IT security governance, risk, and compliance solutions are provided.
domain founded_year HQ Location
Corporate Digital Identity and KYC solutions are provided by Encompass.
domain founded_year HQ Location
Cybersecurity solutions are provided for integrity and compliance management.
domain founded_year HQ Location
Risk management software is supplied for insurance and various sectors.
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 Air Worldwide

Frequently Asked Questions about AIR Worldwide

When was AIR Worldwide founded?

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

Where is AIR Worldwide located?

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

How many employees does AIR Worldwide have?

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

What is the annual revenue of AIR Worldwide?

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

What does AIR Worldwide do?

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.

Who are the top competitors of AIR Worldwide?

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

Who are AIR Worldwide's investors?

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

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