Battea

Stamford, United States Founded: 2008 • Age: 18 yrs Acquired By SS&C
Litigation, intelligence, and claims management services are provided.
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About Battea

Battea is a company based in Stamford (United States) founded in 2008 was acquired by SS&C in September 2024.. Battea has raised $100 million across 1 funding round from investors including SS&C and TowerBrook. The company has 84 employees as of December 31, 2022. Battea offers products and services including Battea Portal and Battea Claims Engine.

  • Headquarter Stamford, United States
  • Employees 84 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Battea - Class Action Services, Llc
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Private Equity Round

    Nov 03, 2021

  • Investors
    SS&C

    & 1 more

  • Employee Count
    84

    as on Dec 31, 2022

  • Acquired by
    SS&C

    (Sep 12, 2024)

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Products & Services of Battea

Battea offers a comprehensive portfolio of products and services, including Battea Portal and Battea Claims Engine. 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

Web-based platform for tracking securities class actions and litigation.

System for analyzing and processing investment recovery claims efficiently.

People of Battea
Headcount 50-200
Employee Profiles 35
Board Members and Advisors 4
Employee Profiles
People
J. Timothy Garland
SVP, Finance & Operations
People
Keith McComb
SVP, Operations
People
Vincent Curran
Chief Financial Officer
People
Bob Donahoe
SVP, Business Development

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Board Members and Advisors
people
Jeff Goshay
Director
people
Peter Kilbinger Hansen
Chairman
people
Luke Doramus
Director
people
Michael A. Carpenter
Director

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Funding Insights of Battea

Battea has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in November 2021. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $100.0M
  • First Round

    (03 Nov 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Private Equity Round - Battea Valuation

investors

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 Battea

Battea has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include SS&C and TowerBrook. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
TowerBrook is engaged in private equity and impact investments.
Founded Year Domain Location
Cloud-based software is provided for investment management firms.
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 Battea

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 - Battea

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

Battea Comparisons

Employees
+
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Competitors of Battea

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 Battea

Frequently Asked Questions about Battea

When was Battea founded?

Battea was founded in 2008 and raised its 1st funding round 13 years after it was founded.

Where is Battea located?

Battea is headquartered in Stamford, United States. It is registered at Stamford, Connecticut, United States.

Is Battea a funded company?

Battea is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Nov 03, 2021.

How many employees does Battea have?

As of Dec 31, 2022, the latest employee count at Battea is 84.

What does Battea do?

Battea was founded in 2008 and is headquartered in Stamford, United States. Operations are centered on delivering litigation support, intelligence services, and claims management within the legal and insurance sectors. Assistance is extended to clients through investigative processes, risk assessment, and dispute resolution strategies. The firms domain, battea.com, facilitates access to these specialized offerings, with a focus on efficient case handling across various jurisdictions.

What products or services does Battea offer?

Battea offers Battea Portal and Battea Claims Engine.

Who are Battea's investors?

Battea has 2 investors. Key investors include SS&C, and TowerBrook.

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