About American Financial & Automotive Services
American Financial & Automotive Services is a company based in The Woodlands (United States) founded in 1997 by Arden Hetland was acquired by Assurant in May 2020.. American Financial & Automotive Services offers products and services including Vehicle Protection Program and Assurant Rewards.
- Headquarter The Woodlands, United States
- Founders Arden Hetland
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Sectors
Transportation, Automotive & Logistics
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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 Assurant® Dealer Services
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Products & Services of American Financial & Automotive Services
American Financial & Automotive Services offers a comprehensive portfolio of products and services, including Vehicle Protection Program and Assurant Rewards. 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.
Offers protection for vehicles against damages and repairs.
Manages rewards for dealers and customers to boost engagement.
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Funding Insights of American Financial & Automotive Services
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in American Financial & Automotive Services
American Financial & Automotive Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Assurant. 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.
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Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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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 Financial & Automotive Services
| 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 Financial Automotive Services
| 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 Financial & Automotive Services Comparisons
Competitors of American Financial & Automotive Services
| 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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| 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 American Financial & Automotive Services
Frequently Asked Questions about American Financial & Automotive Services
When was American Financial & Automotive Services founded?
American Financial & Automotive Services was founded in 1997.
Where is American Financial & Automotive Services located?
American Financial & Automotive Services is headquartered in The Woodlands, United States. It is registered at The Woodlands, Texas, United States.
Who is the current CEO of American Financial & Automotive Services?
Arden Hetland is the current CEO of American Financial & Automotive Services. They have also founded this company.
What does American Financial & Automotive Services do?
Founded in 1997, American Financial Automotive Services is headquartered in The Woodlands, Texas, United States. Operations focus on the automotive sector, where financial and administrative support is extended to dealerships. Services include compliance management, payroll processing, and vendor coordination. Leadership is provided by founder and CEO Arden Hetland. The company serves clients nationwide, emphasizing efficiency in dealership back-office functions.
What products or services does American Financial & Automotive Services offer?
American Financial & Automotive Services offers Vehicle Protection Program and Assurant Rewards.
Who are American Financial & Automotive Services's investors?
American Financial & Automotive Services has 1 investor. Key investors include Assurant.