About Arcana Insurance Services
Arcana Insurance Services is a company based in Dallas (United States) founded in 2005 was acquired by Millennial Specialty Insurance in December 2021.. The company has 11 employees as of December 31, 2022. Arcana Insurance Services offers products and services including Real Estate Investors Insurance, Coastal Homeowners Insurance, Commercial General Liability, Flood Insurance, and Workers Compensation. Arcana Insurance Services operates in a competitive market with competitors including Hippo, Resilience, Kin, Steadily and Safely, among others.
- Headquarter Dallas, United States
- Employees 11 as on 31 Dec, 2022
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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
*********
- Legal Name Arcana Insurance Services, Lp
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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
11
as on Dec 31, 2022
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Acquired by
Millennial Specialty Insurance
(Dec 07, 2021)
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Products & Services of Arcana Insurance Services
Arcana Insurance Services offers a comprehensive portfolio of products and services, including Real Estate Investors Insurance, Coastal Homeowners Insurance, Commercial General Liability, Flood Insurance, and Workers Compensation. 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.
Coverage for single-family home investors with rentals or renovations.
Protection for coastal properties against environmental risks.
Liability insurance for businesses and property owners.
Coverage for flood-related damages to homes and properties.
Insurance for employee injuries in business operations.
Funding Insights of Arcana Insurance 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 |
Investors in Arcana Insurance Services
Arcana Insurance Services has secured backing from 1 investor. Prominent investors backing the company include MSI. 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 commercial insurance solutions are provided by MSI.
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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 Arcana Insurance 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 - Arcana Insurance 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 |
Arcana Insurance Services Comparisons
Competitors of Arcana Insurance Services
Arcana Insurance Services 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 Hippo, Resilience, Kin, Steadily and Safely, 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 |
Homeowners insurance coverage is delivered via an online platform.
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| domain | founded_year | HQ Location |
Cyber risk management services are provided to investment industries.
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| domain | founded_year | HQ Location |
Homeowner insurance is offered via an online platform for individuals.
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| domain | founded_year | HQ Location |
Rental property insurance coverage is provided via an online platform.
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| domain | founded_year | HQ Location |
ID verification solutions are provided for vacation rentals.
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| domain | founded_year | HQ Location |
Provider of homeowners insurance
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| 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 Arcana Insurance Services
When was Arcana Insurance Services founded?
Arcana Insurance Services was founded in 2005.
Where is Arcana Insurance Services located?
Arcana Insurance Services is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Arcana Insurance Services?
Mark A Gannaway is the current CEO of Arcana Insurance Services.
How many employees does Arcana Insurance Services have?
As of Dec 31, 2022, the latest employee count at Arcana Insurance Services is 11.
What does Arcana Insurance Services do?
Arcana Insurance Services was founded in 2005 in Dallas, United States, and operates as a diversified insurance brokerage firm. Brokerage support is provided across multiple insurance sectors, including risk assessment and policy placement. The firm serves clients through tailored advisory services, with operations centered in the U.S. market. Leadership is held by CEO Mark A Gannaway, overseeing daily functions and strategic direction.
Who are the top competitors of Arcana Insurance Services?
What products or services does Arcana Insurance Services offer?
Arcana Insurance Services offers Real Estate Investors Insurance, Coastal Homeowners Insurance, Commercial General Liability, Flood Insurance, and Workers Compensation.
Who are Arcana Insurance Services's investors?
Arcana Insurance Services has 1 investor. Key investors include MSI.