About Cape Ann Insurance Agency
Cape Ann Insurance Agency is a company based in Gloucester (United States) founded in 1984 was acquired by Salem Five Bank in March 2018.. Cape Ann Insurance Agency operates in a competitive market with competitors including MetLife, Progressive Insurance, Allstate, Max Life Insurance and Aflac, among others.
- Headquarter Gloucester, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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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
Salem Five Bank
(Mar 09, 2018)
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Funding Insights of Cape Ann Insurance Agency
| 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 Cape Ann Insurance Agency
Cape Ann Insurance Agency has secured backing from 1 investor. Prominent investors backing the company include Salem Five Bank. 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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Offers personal and business banking, loans, mortgages, and insurance services.
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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 Cape Ann Insurance Agency
| 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 - Cape Ann Insurance Agency
| 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 |
Cape Ann Insurance Agency Comparisons
Competitors of Cape Ann Insurance Agency
Cape Ann Insurance Agency 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 MetLife, Progressive Insurance, Allstate, Max Life Insurance and Aflac, 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 |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Auto, home, life, health, and business insurance is provided online.
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| domain | founded_year | HQ Location |
Online insurance for life, property, auto, and business is provided.
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| domain | founded_year | HQ Location |
Life insurance plans and policies are offered for protection.
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| domain | founded_year | HQ Location |
Financial protection via accident, life, and supplemental insurance is provided.
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| domain | founded_year | HQ Location |
AIG is recognized as a leading global insurance organization.
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| 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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Frequently Asked Questions about Cape Ann Insurance Agency
When was Cape Ann Insurance Agency founded?
Cape Ann Insurance Agency was founded in 1984.
Where is Cape Ann Insurance Agency located?
Cape Ann Insurance Agency is headquartered in Gloucester, United States. It is registered at Gloucester, Massachusetts, United States.
What does Cape Ann Insurance Agency do?
Cape Ann Insurance Agency was established in 1984 in Gloucester, United States, within the insurance sector. Operations focus on digital delivery of policies covering life, auto, homeowners, and business needs. Services are provided to individuals and enterprises through an internet-first model, emphasizing accessibility via the domain capeanninsurance.com. Coverage options are tailored to regional requirements in the United States.
Who are the top competitors of Cape Ann Insurance Agency?
Who are Cape Ann Insurance Agency's investors?
Cape Ann Insurance Agency has 1 investor. Key investors include Salem Five Bank.
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