Allstate Group Health
About Allstate Group Health
The health insurance industry is served by Allstate Group Health through specialized group plans. Coverage for medical expenses, preventive care, and wellness programs is offered to employers and their workforce. Policies are underwritten and managed to ensure compliance with regulatory standards. Operations focus on administrative support and claims processing, primarily within the United States market. Expansion into digital tools for policy management has been pursued to streamline access for clients.
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Sectors
Financial Services
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Phone
*********
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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
Nationwide
(Jan 30, 2025)
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Funding Insights of Allstate Group Health
| 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 Allstate Group Health
Allstate Group Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nationwide. 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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Personal and business insurance products are offered by Nationwide.
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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 Allstate Group Health
| 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 - Allstate Group Health
| 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 |
Allstate Group Health Comparisons
Competitors of Allstate Group Health
| 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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Frequently Asked Questions about Allstate Group Health
What does Allstate Group Health do?
The health insurance industry is served by Allstate Group Health through specialized group plans. Coverage for medical expenses, preventive care, and wellness programs is offered to employers and their workforce. Policies are underwritten and managed to ensure compliance with regulatory standards. Operations focus on administrative support and claims processing, primarily within the United States market. Expansion into digital tools for policy management has been pursued to streamline access for clients.
Who are Allstate Group Health's investors?
Allstate Group Health has 1 investor. Key investors include Nationwide.
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