About Dorothy
Dorothy is a company based in Philadelphia (United States) founded in 2020 by Arianna Armelli. It operates as a FinTech, and Brokerage / Intermediation. Dorothy has raised $150 thousand across 3 funding rounds from investors including Visa and URBAN-X. Dorothy offers products and services including Public Adjuster Connection, Property Inspection, and Dorothy Debit Card. Dorothy operates in a competitive market with competitors including NovaData Solutions, iink, RecordSet, Claimly and Lilypad Insurance, among others.
- Headquarter Philadelphia, United States
- Founders Arianna Armelli
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Sectors
Financial 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
Visa
& 1 more
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Employee Count
Employee Count
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Products & Services of Dorothy
Dorothy offers a comprehensive portfolio of products and services, including Public Adjuster Connection, Property Inspection, and Dorothy Debit Card. 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.
Policyholder claims are supported by expert public adjusters.
Free annual inspections are provided by licensed contractors.
Card benefits are offered for property-related expenses.
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Funding Insights of Dorothy
Dorothy has successfully raised a total of $150K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(28 Jan 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - Dorothy | Valuation |
investors |
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| May, 2021 | Amount | Debt – Conventional - Dorothy | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - Dorothy | Valuation | URBAN-X |
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| 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 |
Investors in Dorothy
Dorothy has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Visa and URBAN-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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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Digital payment solutions are offered to individuals and businesses.
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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 Dorothy
| 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 - Dorothy
| 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 |
Dorothy Comparisons
Competitors of Dorothy
Dorothy 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 NovaData Solutions, iink, RecordSet, Claimly and Lilypad Insurance, 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 |
Automated invoice review and processing for property claims is facilitated.
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| domain | founded_year | HQ Location |
Property insurance claim payments are streamlined via digital multi-party processing.
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| domain | founded_year | HQ Location |
Offers a SaaS and app-based platform for property insurance claims support.
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| domain | founded_year | HQ Location |
Insurance claims support solutions are provided through an app-based platform.
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| domain | founded_year | HQ Location |
Offers customizable home insurance and claims for high-risk areas.
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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 Dorothy
When was Dorothy founded?
Dorothy was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Dorothy located?
Dorothy is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Dorothy?
Arianna Armelli is the current CEO of Dorothy. They have also founded this company.
Is Dorothy a funded company?
Dorothy is a funded company, having raised a total of $150K across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jan 28, 2021.
What does Dorothy do?
Dorothy is established as a fintech platform focused on climate preparation and recovery solutions. Services are provided to connect policyholders with expert public adjusters for property insurance claims. Additionally, free annual property inspections are facilitated through licensed contractors. Financial products like the Dorothy Debit Card are offered to support property-related expenses. The company operates in the insurance and financial technology sectors, aiming to improve claim payouts and settlement times for users.
Who are the top competitors of Dorothy?
Dorothy's top competitors include iink, NovaData Solutions and Claimly.
What products or services does Dorothy offer?
Dorothy offers Public Adjuster Connection, Property Inspection, and Dorothy Debit Card.
Who are Dorothy's investors?
Dorothy has 2 investors. Key investors include Visa, and URBAN-X.
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