About Compare.com
Compare.com is a company based in Glen Allen (United States) founded in 2013 was acquired by Insurify in March 2023.. Compare.com has raised $35 million across 1 funding round from investors including Insurify, Admiral Group and Henry Engelhardt. Compare.com offers products and services including Car Insurance Comparison Platform and Quote Comparison Tool. Compare.com operates in a competitive market with competitors including NerdWallet, Insurify, SelectQuote, EverQuote and Jerry, among others.
- Headquarter Glen Allen, United States
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Sectors
Transportation, Automotive & LogisticsFinancial 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 Compare.Com
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Products & Services of Compare.com
Compare.com offers a comprehensive portfolio of products and services, including Car Insurance Comparison Platform and Quote Comparison Tool. 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.
Tool for comparing auto insurance quotes from multiple providers
Service to view and select car insurance rates by state or vehicle
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Sales and Marketing
2 people
Leadership Team
1 people
Head Team
1 people
Product Management Team
1 people
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Funding Insights of Compare.com
Compare.com has successfully raised a total of $35M through 1 strategic funding round. The most recent funding activity was a Series B round of $35 million completed in November 2018. 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 Funding
- Total Rounds 1
- Last Round Series B — $35.0M
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First Round
First Round
(01 Nov 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Series B - Compare.com | Valuation | Henry Engelhardt , Admiral Group |
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| 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 Compare.com
Compare.com has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Insurify, Admiral Group and Henry Engelhardt. 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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Car insurance and related services are provided in the UK.
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Founded Year | Domain | Location | |
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HE
Henry Engelhardt |
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Founded Year | Domain | Location |
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Car insurance quotes are compared via an online platform.
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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 Compare.com
| 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 - Compare.com
| 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 |
Compare.Com Comparisons
Competitors of Compare.com
Compare.com 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 NerdWallet, Insurify, SelectQuote, EverQuote and Jerry, 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 |
App-based comparison platform for financial products
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Car insurance quotes are compared via an online platform.
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| domain | founded_year | HQ Location |
Online comparisons of life insurance quotes are facilitated for individuals.
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| domain | founded_year | HQ Location |
Online comparison platform for automotive & other insurances
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| domain | founded_year | HQ Location |
AI-powered car insurance comparison platform
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| domain | founded_year | HQ Location |
An online platform for comparing insurance quotes is operated.
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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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Latest news on Compare.Com
Frequently Asked Questions about Compare.com
When was Compare.com founded?
Compare.com was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Compare.com located?
Compare.com is headquartered in Glen Allen, United States. It is registered at Glen Allen, Virginia, United States.
Who is the current CEO of Compare.com?
Allie Feakins is the current CEO of Compare.com.
Is Compare.com a funded company?
Compare.com is a funded company, having raised a total of $35M across 1 funding round to date. The company's 1st funding round was a Series B of $35M, raised on Nov 01, 2018.
What does Compare.com do?
Compare.com was founded in 2013 and is headquartered in Glen Allen, United States. An online platform is operated in the insurance sector, enabling individuals to obtain rate estimates, compare car insurance options, and select preferred policies. Expert recommendations and educational guides on auto insurance are provided to support consumer decisions. The service focuses on simplifying insurance shopping through digital tools.
Who are the top competitors of Compare.com?
Compare.com's top competitors include NerdWallet, Insurify and SelectQuote.
What products or services does Compare.com offer?
Compare.com offers Car Insurance Comparison Platform and Quote Comparison Tool.
Who are Compare.com's investors?
Compare.com has 3 investors. Key investors include Insurify, Admiral Group, and Henry Engelhardt.
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