About Canadian Direct
Canadian Direct is a company based in Quebec City (Canada) founded in 1996 was acquired by Intact Ventures in February 2015.. Canadian Direct offers products and services including Car Insurance, Home Insurance, and Tenant Insurance. Canadian Direct operates in a competitive market with competitors including ApSTAT and Lexrock, among others.
- Headquarter Quebec City, Canada
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Belair Insurance Company Inc.
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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
Employee Count
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Acquired by
Intact Ventures
(Feb 01, 2015)
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Products & Services of Canadian Direct
Canadian Direct offers a comprehensive portfolio of products and services, including Car Insurance, Home Insurance, and Tenant Insurance. 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.
Offers customizable coverage and discounts for vehicle protection
Provides protection for homes and belongings with flexible options
Delivers coverage for renters' possessions and liability needs
Funding Insights of Canadian Direct
| 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 Canadian Direct
Canadian Direct has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Intact Ventures. 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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Provider of property & casualty insurances
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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 Canadian Direct
| 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 - Canadian Direct
| 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 |
Canadian Direct Comparisons
Competitors of Canadian Direct
Canadian Direct 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 ApSTAT and Lexrock, 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 |
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| domain | founded_year | HQ Location |
AI-focused holding company investing in healthcare and finance enterprises.
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| domain | founded_year | HQ Location |
Online AI platform for data extraction and natural language processing solutions
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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 Canadian Direct
When was Canadian Direct founded?
Canadian Direct was founded in 1996.
Where is Canadian Direct located?
Canadian Direct is headquartered in Quebec City, Canada. It is registered at Quebec City, Quebec, Canada.
What does Canadian Direct do?
Canadian Direct was founded in 1996 in Quebec City, Canada, within the insurance sector. A digital platform is operated for car and home insurance products, where online quotes are delivered directly to consumers. Access to insurance documents is enabled, alongside options to request roadside assistance, submit or track car claims, and retrieve digital proof of insurance. Operations focus on streamlined consumer services in the Canadian market.
Who are the top competitors of Canadian Direct?
What products or services does Canadian Direct offer?
Canadian Direct offers Car Insurance, Home Insurance, and Tenant Insurance.
Who are Canadian Direct's investors?
Canadian Direct has 1 investor. Key investors include Intact Ventures.