About Alleghany
Alleghany is a company based in New York (United States) founded in 1929 was acquired by Berkshire Hathaway in March 2022.. The company has 41 employees as of December 31, 2022. Alleghany has completed 1 acquisition, including Transatlantic Holdings. Alleghany operates in a competitive market with competitors including MassMutual, Point Digital Finance, Erie Insurance, Unum and American Family Insurance, among others.
- Headquarter New York, United States
- Employees 41 as on 31 Dec, 2022
- Stage Public
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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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Social
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Annual Revenue
$12 B35as on Dec 31, 2021
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Net Profit
$1.13 B791as on Dec 31, 2021
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
41
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Berkshire Hathaway
(Mar 20, 2022)
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Funding Insights of Alleghany
| 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 Alleghany
Alleghany has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Berkshire Hathaway. 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 multinational conglomerate services
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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 Alleghany
Alleghany has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Transatlantic Holdings. 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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Diversified reinsurance company
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1977 |
| 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 - Alleghany
| 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 |
Alleghany Comparisons
Competitors of Alleghany
Alleghany 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 MassMutual, Point Digital Finance, Erie Insurance, Unum and American Family Insurance, 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 |
Mutual life insurance company
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| domain | founded_year | HQ Location |
Fractional home equity is sold online for interest-free loans.
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| domain | founded_year | HQ Location |
Multi-line insurance company
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| domain | founded_year | HQ Location |
Insurance services for life, disability, and accident coverage are offered.
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| domain | founded_year | HQ Location |
Personal and business insurance products are provided nationwide.
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| domain | founded_year | HQ Location |
Financial services are offered by Thrivent as a not-for-profit entity.
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| 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 Alleghany
Frequently Asked Questions about Alleghany
When was Alleghany founded?
Alleghany was founded in 1929.
Where is Alleghany located?
Alleghany is headquartered in New York, United States. It is registered at New York, New York, United States.
How many employees does Alleghany have?
As of Dec 31, 2022, the latest employee count at Alleghany is 41.
What is the annual revenue of Alleghany?
Annual revenue of Alleghany is $12B as on Dec 31, 2021.
What does Alleghany do?
Alleghany Corporation is an investment holdings company. It owning and managing operating subsidiaries investments focusing on property, casualty reinsurance, and insurance. It operates companies such as TransRe, RSUI, CapSpecialty, Alleghany Capital, Roundwood, Alleghany Properties, and SORC. Their clientele includes individuals and businesses. In 2021, the company recorded annual revenues of 12B and a net profit of 1.03B.In 2021, the company recorded annual revenues of 12B and a net profit of 1.03B.
Who are the top competitors of Alleghany?
Alleghany's top competitors include MassMutual, Erie Insurance and Point Digital Finance.
How many acquisitions has Alleghany made?
Alleghany has made 1 acquisition, including Transatlantic Holdings.
Who are Alleghany's investors?
Alleghany has 1 investor. Key investors include Berkshire Hathaway.
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