About Concirrus
Concirrus is a company based in London (United Kingdom) founded in 2011 by Andrew Yeoman. Concirrus has raised $43.64 million across 7 funding rounds from investors including European Union, Imperial Innovations and Touchstone Innovations. The company has 22 employees as of October 31, 2024. Concirrus has completed 1 acquisition, including Spark Insights. Concirrus offers products and services including Underwriting Workbench. Concirrus operates in a competitive market with competitors including Guidewire, Bold Penguin, BetterView, OneShield and Duck Creek, among others.
- Headquarter London, United Kingdom
- Employees 22 as on 31 Oct, 2024
- Founders Andrew Yeoman
-
Sectors
Financial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Concirrus Ltd
- Date of Incorporation 30 Sep, 2011
- Jurisdiction LONDON, UNITED KINGDOM
-
Annual Revenue
$4.48 M (USD)-1as on Dec 31, 2021
-
Net Profit
-$11.86 M (USD)-20as on Dec 31, 2021
-
EBITDA
-$12.75 M (USD)-16as on Dec 31, 2021
-
Total Equity Funding
$43.64 M (USD)
in 7 rounds
-
Latest Funding Round
$6 M (USD), Series B
Jul 07, 2020
-
Investors
European Union
& 6 more
-
Employee Count
22
as on Oct 31, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Concirrus
Concirrus offers a comprehensive portfolio of products and services, including Underwriting Workbench.
Tool for real-time insurance risk insights and data analysis
Funding Insights of Concirrus
Concirrus has successfully raised a total of $43.64M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in July 2020. 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.
Investors in Concirrus
Concirrus has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Imperial Innovations and Touchstone Innovations.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on investing in tech startups
|
Locked | Locked | Locked | |
|
Deep tech venture capital firm investing in European and global startups.
|
Locked | Locked | Locked | |
|
Eos Venture Partners is focused on insurance technology investments.
|
Locked | Locked | Locked |
Investor details for Concirrus
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Concirrus
Concirrus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spark Insights.
Investment portfolio details for Concirrus
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI-based solutions for insurers
|
Locked | Locked | 2018 | Locked |
Complete acquisition details for Concirrus
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Concirrus
Detailed financials for Concirrus
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Concirrus Comparisons
Peer comparison for Concirrus
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Concirrus
Concirrus 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 Guidewire, Bold Penguin, BetterView, OneShield and Duck Creek, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based platform for property and casualty insurance is provided.
|
|
| Locked | Locked | Locked |
Software suite is offered for commercial insurance quoting and binding.
|
|
| Locked | Locked | Locked |
Insurance policy management and risk management solutions for the P&C insurance industry
|
|
| Locked | Locked | Locked |
Cloud-based insurance policy and claims management solutions for the p&c insurance industry
|
|
| Locked | Locked | Locked |
Cloud-based solutions for property, casualty, and general insurance are provided.
|
|
| Locked | Locked | Locked |
Insurity is recognized for providing cloud-native insurance software solutions.
|
Detailed competitors of Concirrus
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Concirrus
Complete news archive for Concirrus
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Concirrus
Concirrus was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Concirrus is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Andrew Yeoman is the current CEO of Concirrus. They have also founded this company.
Concirrus is a funded company, having raised a total of $43.64M across 7 funding rounds to date.
As of Oct 31, 2024, the latest employee count at Concirrus is 22.
Annual revenue of Concirrus is $4.48M as on Dec 31, 2021.
Concirrus was founded in 2011 and is headquartered in London, United Kingdom. A data and analytics platform is offered for the commercial insurance sector. Real-time data processing and analytics tools are utilized to support market operations. Insurance processes are streamlined through these digital solutions, focusing on commercial applications across various geographies.
Concirrus's top competitors include Guidewire, Bold Penguin and OneShield.
Concirrus offers Underwriting Workbench.
Concirrus has made 1 acquisition, including Spark Insights.
Concirrus has 7 investors. Key investors include European Union, Imperial Innovations, Touchstone Innovations, AlbionVC, and IQ Capital.