About Alberta Best Insurance
Alberta Best Insurance is a company based in Edmonton (Canada) founded in 1999 was acquired by Westland Insurance in July 2024.. Alberta Best Insurance operates in a competitive market with competitors including Intact Ventures, Trisura, ICPEI Holdings, Economical Insurance and Travelers Canada, among others.
- Headquarter Edmonton, Canada
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Westland Insurance
(Jul 08, 2024)
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Funding Insights of Alberta Best Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Alberta Best Insurance
Alberta Best Insurance has secured backing from 1 investor. Prominent investors backing the company include Westland Insurance. 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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Provider of insurance brokerage services for auto, home, property and casualty, and business sectors
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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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Founded Year | Domain | Location | |
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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 Alberta Best Insurance
| 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 |
Financial Statements - Alberta Best Insurance
| 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 |
Alberta Best Insurance Comparisons
Competitors of Alberta Best Insurance
Alberta Best 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 Intact Ventures, Trisura, ICPEI Holdings, Economical Insurance and Travelers Canada, 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 |
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| domain | founded_year | HQ Location |
Provider of property & casualty insurances
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| domain | founded_year | HQ Location |
P&C insurance carrier
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| domain | founded_year | HQ Location |
Provider of commercial and personal lines insurance products
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| domain | founded_year | HQ Location |
Serves as a property and casualty insurance carrier.
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| domain | founded_year | HQ Location |
Provides insurance coverage for cars, homes, and commercial needs in Canada.
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| domain | founded_year | HQ Location |
Offers insurance solutions through brokers and direct services for businesses in Canada.
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| 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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Latest news on Alberta Best Insurance
Frequently Asked Questions about Alberta Best Insurance
When was Alberta Best Insurance founded?
Alberta Best Insurance was founded in 1999.
Where is Alberta Best Insurance located?
Alberta Best Insurance is headquartered in Edmonton, Canada. It is registered at Edmonton, Alberta, Canada.
What does Alberta Best Insurance do?
Alberta Best Insurance was founded in 1999 as a family-owned business in Edmonton, Canada. Operations focus on the insurance sector, where home, auto, and commercial policies are provided to customers throughout Alberta. Services are tailored to individual needs, with an emphasis on customer support. The company has maintained a presence in the region for over two decades, serving residential and business clients.
Who are the top competitors of Alberta Best Insurance?
Alberta Best Insurance's top competitors include Intact Ventures, Trisura and ICPEI Holdings.
Who are Alberta Best Insurance's investors?
Alberta Best Insurance has 1 investor. Key investors include Westland Insurance.