About Amica
Amica is a company based in Lincoln (United States) founded in 1907. It operates as a Subscription Services. Amica has raised $2 million across 2 funding rounds from investors including European Union, Hummingbird Ventures and Bedrock Investments. Amica offers products and services including Auto Insurance, Home Insurance, and Life Insurance. Amica operates in a competitive market with competitors including MetLife, Allstate, Progressive Insurance, Aflac and AIG, among others.
- Headquarter Lincoln, United States
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Sectors
Financial Services
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Phone
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Website
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Social
Locked
- Legal Name Amica Mutual Insurance Company
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Unspecified
Apr 01, 2020
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Investors
European Union
& 2 more
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Employee Count
Not available
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Products & Services of Amica
Amica offers a comprehensive portfolio of products and services, including Auto Insurance, Home Insurance, and Life Insurance.
Coverage for vehicles against accidents and damages is provided.
Protection for homes against damages and losses is offered.
Financial support for beneficiaries after death is ensured.
People of Amica
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Software Development Team
69 people
Leadership Team
66 people
Sales and Marketing
56 people
Senior Team
24 people
Data Analysis and Operations Team
14 people
Operations Team
11 people
Creative and Marketing Team
10 people
Lead Team
9 people
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Funding Insights of Amica
Amica has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $2 million completed in April 2020. 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.
Investors in Amica
Amica has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Hummingbird Ventures and Bedrock Investments.
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Investments in early-stage startups are focused on by Hummingbird Ventures.
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Early-stage investments are made by Bedrock in technology sectors.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Amica
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by Amica
Investment portfolio details for Amica
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- Portfolio identities
- Transaction dates
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Financial Statements - Amica
Detailed financials for Amica
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Amica Comparisons
Peer comparison for Amica
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Amica
Amica 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 MetLife, Allstate, Progressive Insurance, Aflac and AIG, among others.
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Internet-based life, health, auto, home, and pet insurance is offered.
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Online insurance for life, property, auto, and business is provided.
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Auto, home, life, health, and business insurance is provided online.
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Financial protection via accident, life, and supplemental insurance is provided.
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AIG is recognized as a leading global insurance organization.
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Life insurance plans and policies are offered for protection.
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Detailed competitors of Amica
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Latest news on Amica
Complete news archive for Amica
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Frequently Asked Questions about Amica
Amica was founded in 1907 and raised its 1st funding round 111 years after it was founded.
Amica is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.
Patricia Chadwick is the current CEO of Amica.
Amica is a funded company, having raised a total of $2M across 2 funding rounds to date.
Amica Mutual Insurance Company is involved in offering a wide range of insurance solutions including auto, home, and life insurance. Coverage is provided for diverse needs such as condo, renters, flood, retirement, marine, motorcycle, umbrella, and small business insurance. Operations are focused on delivering personalized protection plans across multiple sectors. Policies are tailored to meet individual customer requirements with an emphasis on empathy and customer service. Additional support services like roadside assistance and claims management are also included. The company is committed to ensuring comprehensive financial protection for clients throughout various life stages.
Amica offers Auto Insurance, Home Insurance, and Life Insurance.
Amica has 3 investors. Key investors include European Union, Hummingbird Ventures, and Bedrock Investments.