ControlExpert

Langenfeld, Germany Founded: 2002 • Age: 24 yrs Acquired By Allianz X
Online claim processing solutions are offered for auto insurance.
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About ControlExpert

ControlExpert is a company based in Langenfeld (Germany) founded in 2002 was acquired by Allianz X in March 2020.. ControlExpert offers products and services including Kernprozess Platform and AI Image Recognition Tool. ControlExpert operates in a competitive market with competitors including Solera, Snapsheet, AutoVitals, Kelley Blue Book and Boundless Rider, among others.

  • Headquarter Langenfeld, Germany
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Controlexpert Gmbh
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Allianz X

    & 1 more

    (Mar 05, 2020)

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Products & Services of ControlExpert

ControlExpert offers a comprehensive portfolio of products and services, including Kernprozess Platform and AI Image Recognition 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.

Primary

Automates vehicle damage assessment using AI and human expertise.

Enables automatic analysis of vehicle damage images for insurance claims.

Funding Insights of ControlExpert

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ControlExpert

ControlExpert has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include General Atlantic and Allianz X. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are funded via venture capital by Allianz-backed Allianz X.
Founded Year Domain Location
Private equity fund focused on global markets
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ControlExpert

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ControlExpert

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Controlexpert Comparisons

Employees
+
Add Comparison
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Competitors of ControlExpert

ControlExpert 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 Solera, Snapsheet, AutoVitals, Kelley Blue Book and Boundless Rider, 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
Integrated automotive software solutions are provided for enhanced efficiency.
domain founded_year HQ Location
Cloud-based software is offered for auto insurance claim management.
domain founded_year HQ Location
SaaS productivity tools are supplied to auto repair shops.
domain founded_year HQ Location
New/used car buy/sell price information platform
domain founded_year HQ Location
Two-wheeler insurance products are provided via an online platform.
domain founded_year HQ Location
Vehicle history reports and automotive marketplace services are provided by Bumper.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Controlexpert

Frequently Asked Questions about ControlExpert

When was ControlExpert founded?

ControlExpert was founded in 2002.

Where is ControlExpert located?

ControlExpert is headquartered in Langenfeld, Germany. It is registered at Langenfeld, North Rhine-westphalia, Germany.

What does ControlExpert do?

ControlExpert was founded in 2002 and is based in Langenfeld, Germany. Automated solutions for processing claims in the auto insurance sector are provided, including the transformation of damage and maintenance documents into structured records. Services in data management, damage assessment, and quality control are extended to insurance companies, car manufacturers, fleet operators, and leasing firms. Operations focus on streamlining document handling across various formats.

Who are the top competitors of ControlExpert?

ControlExpert's top competitors include Kelley Blue Book, Snapsheet and Solera.

What products or services does ControlExpert offer?

ControlExpert offers Kernprozess Platform and AI Image Recognition Tool.

Who are ControlExpert's investors?

ControlExpert has 2 investors. Key investors include General Atlantic, and Allianz X.

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