About American Equity
American Equity is a company based in West Des Moines (United States) founded in 1980 was acquired by Brookfield Asset Management in July 2023.. American Equity offers products and services including Fixed Index Annuities and Immediate Annuity. American Equity operates in a competitive market with competitors including John Hancock, Navy Mutual, American Public Life Insurance, Premier Social Security Consulting and NEA members, among others.
- Headquarter West Des Moines, United States
- 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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- Legal Name American Equity Investment Life Insurance Company
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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
Brookfield Asset Management
(Jul 06, 2023)
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Products & Services of American Equity
American Equity offers a comprehensive portfolio of products and services, including Fixed Index Annuities and Immediate Annuity. 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.
Annuities providing growth linked to market indices for retirement income.
Immediate income stream for retirees through lump-sum investments.
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Software Development Team
31 people
Leadership Team
27 people
Data Analysis and Operations Team
21 people
Product Management Team
16 people
Finance and Accounting
13 people
Senior Team
10 people
Manager Team
7 people
Legal and Compliance
6 people
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Funding Insights of American Equity
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Post-IPO - American Equity | Valuation |
investors |
| 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 |
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Investors in American Equity
American Equity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Brookfield Asset Management. 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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Focus is placed on real estate and renewable energy investments.
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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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by American Equity
| 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 - American Equity
| 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 |
American Equity Comparisons
Competitors of American Equity
American Equity 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 John Hancock, Navy Mutual, American Public Life Insurance, Premier Social Security Consulting and NEA members, 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 |
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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| domain | founded_year | HQ Location |
Offers affordable life insurance and annuities to active and retired military members.
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Offers supplemental health and life insurance products for brokers, groups, and individuals.
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Provides internet-based life insurance services as a primary provider.
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| domain | founded_year | HQ Location |
An online-first provider of life insurance services for individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 American Equity
Frequently Asked Questions about American Equity
When was American Equity founded?
American Equity was founded in 1980 and raised its 1st funding round 41 years after it was founded.
Where is American Equity located?
American Equity is headquartered in West Des Moines, United States. It is registered at West Des Moines, Iowa, United States.
Who is the current CEO of American Equity?
John Matovina is the current CEO of American Equity.
What does American Equity do?
American Equity was founded in 1980 and is headquartered in West Des Moines, United States. Operations focus on the life insurance and investment sector, where annuities, mutual funds, and insurance products are offered to individuals and businesses. In 2022, annual revenues of 3.77 billion were achieved, alongside net profits of 1.22 billion.
Who are the top competitors of American Equity?
American Equity's top competitors include John Hancock, Navy Mutual and American Public Life Insurance.
What products or services does American Equity offer?
American Equity offers Fixed Index Annuities and Immediate Annuity.
Who are American Equity's investors?
American Equity has 1 investor. Key investors include Brookfield Asset Management.