Assfinet

Schmallenberg, Germany Founded: 1991 • Age: 35 yrs Acquired By Acturis
Software solutions for insurance sales, underwriting, and management are offered.
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About Assfinet

Assfinet is a company based in Schmallenberg (Germany) founded in 1991 was acquired by Acturis in May 2015.. Assfinet offers products and services including assfinet suite, Maklerverwaltung, and collaboration. Assfinet operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

  • Headquarter Schmallenberg, Germany
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Assfinet Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Acturis

    (May 07, 2015)

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Products & Services of Assfinet

Assfinet offers a comprehensive portfolio of products and services, including assfinet suite, Maklerverwaltung, and collaboration. 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.

Primary

Platform for digital insurance administration and sales processes

Software for insurance broker record-keeping and operations

Platform for insurance-related communications and data sharing

Funding Insights of Assfinet

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Assfinet

Assfinet has secured backing from 1 investor. Prominent investors backing the company include Acturis. 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.

All
Investor Description Founded Year Domain Location
Software as a Service provider to the Insurance Industry
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Assfinet

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Assfinet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Assfinet Comparisons

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Competitors of Assfinet

Assfinet 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 ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, 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
Insurance policy and claim management solutions for the insurance industry
domain founded_year HQ Location
Cloud-based solutions for insurance policy management and underwriting are offered.
domain founded_year HQ Location
AI-based software suite is provided for banking and insurance sectors.
domain founded_year HQ Location
Cloud-based policy management and underwriting solutions for insurance are provided.
domain founded_year HQ Location
A platform for digital insurance distribution and management is provided.
domain founded_year HQ Location
Cloud-based software solutions for credit insurers, surety bonds & trade finance
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Assfinet

Frequently Asked Questions about Assfinet

When was Assfinet founded?

Assfinet was founded in 1991.

Where is Assfinet located?

Assfinet is headquartered in Schmallenberg, Germany. It is registered at Schmallenberg, North Rhine-westphalia, Germany.

Who is the current CEO of Assfinet?

Marc Rindermann is the current CEO of Assfinet.

What does Assfinet do?

Assfinet was founded in 1991 and is based in Schmallenberg, Germany. Software solutions are developed for insurance companies and brokers, encompassing sales processes, underwriting, inventory management, and data and document handling. Operations focus on the insurance sector, with support provided to clients such as Allianz, AXA, HDH, and Versteegen Assekuranz through tailored technological tools.

Who are the top competitors of Assfinet?

Assfinet's top competitors include FintechOS, Socotra and Tinubu.

What products or services does Assfinet offer?

Assfinet offers assfinet suite, Maklerverwaltung, and collaboration.

Who are Assfinet's investors?

Assfinet has 1 investor. Key investors include Acturis.

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