About elseco
elseco is a company based in Dubai (United Arab Emirates) founded in 2006 by Laurent Lemaire.. elseco has completed 1 acquisition, including Malakiteuw. elseco offers products and services including ATOM Insurance Operating System, Underwriting Tools, and Data Analytics Services. elseco operates in a competitive market with competitors including Ledgebrook, Joyn Insurance, Optio Group, Insurance Quantified and BondCenter, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Laurent Lemaire
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Sectors
Financial Services
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Email
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Website
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Social
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of elseco
elseco offers a comprehensive portfolio of products and services, including ATOM Insurance Operating System, Underwriting Tools, and Data Analytics Services. 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.
Platform for quantifying and underwriting complex risks
Tools to forecast and manage evolving high-tech risks
Services providing insights for insurance solutions
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Funding Insights of elseco
| 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 |
Investments & Acquisitions by elseco
elseco has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Malakiteuw. 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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Recruitment marketing and employer branding solutions are provided to organizations.
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| 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
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - elseco
| 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 |
Elseco Comparisons
Competitors of elseco
elseco 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 Ledgebrook, Joyn Insurance, Optio Group, Insurance Quantified and BondCenter, 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 |
Insurance underwriting research solutions are provided to brokers.
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Provider of insurance underwriting services
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Claims consulting and insurance underwriting services are provided.
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| domain | founded_year | HQ Location |
Offers AI-powered data ingestion and analytics for property and casualty underwriting.
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| domain | founded_year | HQ Location |
Offers an automated bonding solution tailored for insurance agents.
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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 Elseco
Frequently Asked Questions about elseco
When was elseco founded?
elseco was founded in 2006.
Where is elseco located?
elseco is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of elseco?
Laurent Lemaire is the current CEO of elseco. They have also founded this company.
What does elseco do?
Elseco was established in 2006 in Dubai, United Arab Emirates, as a provider of insurance underwriting services. Operations are centered on the insurance sector, with underwriting processes handled for various clients. The company is led by Founder and CEO Laurent Lemaire. Services are delivered primarily in the UAE region, supporting risk assessment and policy issuance needs. Accessibility is maintained through the domain else.co.
Who are the top competitors of elseco?
elseco's top competitors include Ledgebrook, Joyn Insurance and Qubit.
What products or services does elseco offer?
elseco offers ATOM Insurance Operating System, Underwriting Tools, and Data Analytics Services.
How many acquisitions has elseco made?
elseco has made 1 acquisition, including Malakiteuw.