About Asurion
Asurion is a company based in Nashville (United States) founded in 1994 by Kevin Taweel was acquired by iQor in October 2016. Asurion has raised $466.72 million across 5 funding rounds from investors including Welsh, Carson, Anderson & Stowe, CPP Investments and Berkshire Partners. Asurion has completed 3 acquisitions, including Domestic & General, Soluto and uBreakiFix. Asurion offers products and services including Protection Plans, Tech Support, and Repair Services. Asurion operates in a competitive market with competitors including ESCO and School Device Coverage, among others.
- Headquarter Nashville, United States
- Founders Kevin Taweel
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Asurion Llc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$466.72 M (USD)
in 5 rounds
-
Latest Funding Round
Not available
-
Investors
Welsh, Carson, Anderson & Stowe
& 6 more
-
Employee Count
Not available
-
Investments & Acquisitions
Domestic & General
& 2 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Asurion
Asurion offers a comprehensive portfolio of products and services, including Protection Plans, Tech Support, and Repair Services.
Offers coverage for device repairs and replacements.
Provides expert help for troubleshooting and setup issues.
Facilitates fast repairs for phones, computers, and appliances.
People of Asurion
Unlock access to complete
Unlock access to complete
Software Development Team
99 people
Leadership Team
79 people
Product Management Team
41 people
Sales and Marketing
37 people
Senior Team
37 people
Operations Team
26 people
Finance and Accounting
22 people
Data Analysis and Operations Team
14 people
Unlock access to complete
Funding Insights of Asurion
Asurion has successfully raised a total of $466.72M across 5 strategic funding rounds. 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 Asurion
Asurion has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe, CPP Investments and Berkshire Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investments are directed toward growth-stage companies.
|
Locked | Locked | Locked | |
|
Multiple sectors are invested in by private equity firm TA.
|
Locked | Locked | Locked | |
|
Private equity investments are directed toward key sectors by MDP.
|
Locked | Locked | Locked |
Investor details for Asurion
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Asurion
Asurion has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Domestic & General, Soluto and uBreakiFix.
Investment portfolio details for Asurion
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Same-day repair services for electronic devices are provided.
|
Locked | Locked | 2009 | Locked | |
|
Cloud-based mobile device management services are provided by Soluto.
|
Locked | Locked | 2008 | Locked | |
|
Extended warranties and repairs for appliances and electronics are offered.
|
Locked | Locked | 1912 | Locked |
Complete acquisition details for Asurion
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Asurion
Detailed financials for Asurion
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Asurion Comparisons
Peer comparison for Asurion
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Asurion
Asurion 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 ESCO and School Device Coverage, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Hearing aid insurance services are provided in the United States.
|
|
| Locked | Locked | Locked |
Provides affordable insurance for educational technology devices to schools and parents.
|
Detailed competitors of Asurion
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Asurion
Complete news archive for Asurion
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asurion
Asurion was founded in 1994 and raised its 1st funding round 7 years after it was founded.
Asurion is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Kevin Taweel is the current CEO of Asurion.
Asurion is a funded company, having raised a total of $466.72M across 5 funding rounds to date.
Asurion is a handset insurance company providing technology protection services to user contents, software, wireless and wired handsets. Asurion provides device replacement services for the lost, stolen and damaged wireless handsets to malfunctioning computers or HDTVs . Partnered with North Americas top 5 nationwide companies and many regional carriers to help customers get a replacement phone. iQor has closed the acquisition of a portion of Asurions customer support operations in December 2016. Earlier to this DST Systems Inc. has agreed to sell a significant stake of Asurion Corp. to undisclosed PE firms.
Asurion's top competitors include ESCO and School Device Coverage.
Asurion offers Protection Plans, Tech Support, and Repair Services.
Asurion has made 3 acquisitions, including Domestic & General, Soluto, and uBreakiFix.
Asurion has 7 investors. Key investors include Welsh, Carson, Anderson & Stowe, CPP Investments, Berkshire Partners, TA Associates, and Madison Dearborn Partners.