About Automotive Development Group
Automotive Development Group is a company based in Bloomington (United States) founded in 2002 by Joel Kansanback was acquired by Brown & Brown Insurance in May 2018.. The company has 299 employees as of December 31, 2021.
- Headquarter Bloomington, United States
- Employees 299 as on 31 Dec, 2021
- Founders Joel Kansanback
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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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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
299
as on Dec 31, 2021
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Acquired by
Brown & Brown Insurance
(May 14, 2018)
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Funding Insights of Automotive Development Group
| 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 Automotive Development Group
Automotive Development Group has secured backing from 1 investor. Prominent investors backing the company include Brown & Brown. 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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Insurance and risk management solutions are provided by Brown & Brown.
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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 Automotive Development Group
| 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 - Automotive Development Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Automotive Development Group Comparisons
Competitors of Automotive Development Group
| 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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Latest news on Automotive Development Group
Frequently Asked Questions about Automotive Development Group
When was Automotive Development Group founded?
Automotive Development Group was founded in 2002.
Where is Automotive Development Group located?
Automotive Development Group is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.
How many employees does Automotive Development Group have?
As of Dec 31, 2021, the latest employee count at Automotive Development Group is 299.
What does Automotive Development Group do?
Automotive Development Group was founded in 2002 by Joel Kansanback in Bloomington, United States. HR services are offered to companies within the automotive industry, focusing on recruitment, staffing, and personnel management. Operations are centered in the United States, supporting development and growth needs of automotive businesses through specialized human resources solutions. The firm maintains a presence via its domain, automotivedevelopmentgroup.com.
Who are Automotive Development Group's investors?
Automotive Development Group has 1 investor. Key investors include Brown & Brown.