About Alera Group
Alera Group is a company based in Deerfield (United States) founded in 1995 was acquired by Lighthouse Group in December 2020. It operates as a Professional Services, and Brokerage / Intermediation. Alera Group has raised $250 million across 3 funding rounds from investors including The Carlyle Group, Genstar Capital and Lighthouse Group. Alera Group has completed 124 acquisitions, including AGM Benefit Solutions, AMCORP and ARMS. Alera Group offers products and services including Employee Benefits, Property and Casualty, Retirement Plan Services, and Wealth Services.
- Headquarter Deerfield, United States
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Sectors
Financial ServicesBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alera Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$250 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series C
Apr 12, 2023
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Investors
The Carlyle Group
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
AGM Benefit Solutions
& 123 more
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Acquired by
Lighthouse Group
(Dec 02, 2020)
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Products & Services of Alera Group
Alera Group offers a comprehensive portfolio of products and services, including Employee Benefits, Property and Casualty, Retirement Plan Services, and Wealth Services. 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.
Solutions are provided for employee benefits and wellbeing.
Coverage is offered for property and casualty risks.
Retirement plans are designed for various organizational needs.
Wealth management solutions are tailored for diverse clients.
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Leadership Team
38 people
Software Development Team
38 people
Sales and Marketing
20 people
Human Resources and Administration
9 people
Operations Team
8 people
Product Management Team
6 people
Senior Team
6 people
Producer Team
5 people
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Funding Insights of Alera Group
Alera Group has successfully raised a total of $250M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in April 2023. 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 3
- Last Round Series C — $100.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Series C - Alera Group | Valuation |
investors |
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| Sep, 2020 | Amount | Series A - Alera Group | Valuation | The Carlyle Group |
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| Jan, 2017 | Amount | Seed - Alera Group | Valuation |
investors |
| 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 Alera Group
Alera Group has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group, Genstar Capital and Lighthouse Group. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Alera Group
Alera Group has strategically engaged in corporate development activities, having acquired 124 companies. Notable acquisitions include AGM Benefit Solutions, AMCORP and ARMS. 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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Management consulting and business management services are provided to clients.
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2021 | ||||
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Diversified conglomerates operates across multiple industries
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2021 | ||||
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Provider of HR consulting services
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2016 |
| 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 - Alera Group
| 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 |
Alera Group Comparisons
Competitors of Alera Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Alera Group
Frequently Asked Questions about Alera Group
When was Alera Group founded?
Alera Group was founded in 1995 and raised its 1st funding round 22 years after it was founded.
Where is Alera Group located?
Alera Group is headquartered in Deerfield, United States.
Who is the current CEO of Alera Group?
Alan Levitz is the current CEO of Alera Group.
Is Alera Group a funded company?
Alera Group is a funded company, having raised a total of $250M across 3 funding rounds to date.
What does Alera Group do?
Alera Group is involved in delivering comprehensive insurance and financial solutions. Services are provided across employee benefits, property and casualty coverage, retirement plan services, and wealth management. Operations are focused on collaboration to offer personalized solutions for businesses, individuals, families, and communities. Specialized expertise is utilized to manage risk, control costs, and support financial growth. Coverage is extended to various sectors including market segments, industries, and practice areas. Connectivity with data and insights is emphasized to navigate industry complexities. Support is offered through national collaboration and tailored strategies to meet unique client needs.
What products or services does Alera Group offer?
Alera Group offers Employee Benefits, Property and Casualty, Retirement Plan Services, and Wealth Services.
How many acquisitions has Alera Group made?
Alera Group has made 124 acquisitions, including AGM Benefit Solutions, AMCORP, and ARMS.
Who are Alera Group's investors?
Alera Group has 3 investors. Key investors include The Carlyle Group, Genstar Capital, and Lighthouse Group.
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