About ELMC Group
ELMC Group is a company based in New York (United States) founded in 2015 by Johannes Cloete and Kurt Knight was acquired by J.C. Flowers in September 2016.. ELMC Group has completed 2 acquisitions, including IOA Re and Tesser Health.
- Headquarter New York, United States
- Founders Johannes Cloete, Kurt Knight
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
IOA Re
& 1 more
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Acquired by
J.C. Flowers
(Sep 22, 2016)
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Funding Insights of ELMC Group
| 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 ELMC Group
ELMC Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include J.C. Flowers. 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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Private equity firm focused on financial services sector
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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 ELMC Group
ELMC Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include IOA Re and Tesser Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Price transparency software for employee drug pricing is provided.
|
2014 | ||||
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Insurance underwriting services are provided in the United States.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ELMC Group
| 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 |
Elmc Group Comparisons
Competitors of ELMC Group
| 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 ELMC Group
When was ELMC Group founded?
ELMC Group was founded in 2015.
Where is ELMC Group located?
ELMC Group is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of ELMC Group?
Richard Fleder is the current CEO of ELMC Group.
What does ELMC Group do?
ELMC Group was established in 2015 and is based in New York, United States. Operations are centered on insurance underwriting within the financial services sector. Risk evaluation and policy issuance are handled for clients across various insurance lines. The firm is led by Co-Founders Johannes Cloete and Kurt Knight, as well as CEO and President Richard Fleder. Focus remains on structured underwriting processes in a regulated market.
How many acquisitions has ELMC Group made?
ELMC Group has made 2 acquisitions, including IOA Re, and Tesser Health.
Who are ELMC Group's investors?
ELMC Group has 1 investor. Key investors include J.C. Flowers.
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