About Calculo
Calculo is a company based in Madrid (Spain) founded in 1966 was acquired by Sapiens in September 2019.. Calculo offers products and services including IDITSuite, CoreSuite, SCIPSuite, DianaSuite, and DigitalSuite. Calculo operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and Xceedance, among others.
- Headquarter Madrid, Spain
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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
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- Legal Name Sapiens International
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Products & Services of Calculo
Calculo offers a comprehensive portfolio of products and services, including IDITSuite, CoreSuite, SCIPSuite, DianaSuite, and DigitalSuite. 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.
Software for property and casualty insurance management
Platform for life and pensions insurance solutions
System for handling insurance claims processes
Tools for digital insurance operations
AI-driven applications for insurance innovation
Solutions for insurance data analytics
Funding Insights of Calculo
| 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 Calculo
Calculo has secured backing from 1 investor. Prominent investors backing the company include Sapiens. 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 policy administration and compliance solutions for the insurance industry
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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 Calculo
| 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 - Calculo
| 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 |
Calculo Comparisons
Competitors of Calculo
Calculo 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 Riskcovry, Socotra, FintechOS, ReSource Pro and Xceedance, 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 |
A platform for digital insurance distribution and management is provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
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| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
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| domain | founded_year | HQ Location |
Insurance policy and claim management solutions for the insurance industry
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| domain | founded_year | HQ Location |
Provides operations, technology, and data services to insurers worldwide.
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| domain | founded_year | HQ Location |
Cloud-based life and non-life insurance platform for the insurance and pension industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Calculo
When was Calculo founded?
Calculo was founded in 1966.
Where is Calculo located?
Calculo is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
What does Calculo do?
Calculo was founded in 1966 in Madrid, Spain, where software solutions for the insurance sector are developed. The flagship product, eTica, serves as a comprehensive management suite with modules covering product building, reinsurance, financial operations, production, claims processing, and conventions. A separate tool is dedicated to Solvency II compliance. Consulting and outsourcing services are also extended to clients.
Who are the top competitors of Calculo?
What products or services does Calculo offer?
Calculo offers IDITSuite, CoreSuite, SCIPSuite, DianaSuite, and 2 more products and services.
Who are Calculo's investors?
Calculo has 1 investor. Key investors include Sapiens.