About eReinsure
eReinsure is a company based in Salt Lake City (United States) founded in 1999 was acquired by Amwins in December 2013.. eReinsure has raised $5 million across 1 funding round from investors including Amwins and Century Capital Management. The company has 18 employees as of April 01, 2024. eReinsure offers products and services including eReinsure Platform and API Integration. eReinsure operates in a competitive market with competitors including ReLeague, ExtraordinaryRe, Isaac Re, RiskTrEx and FlyRe, among others.
- Headquarter Salt Lake City, United States
- Employees 18 as on 01 Apr, 2024
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ere Insurtech India Private Limited
- Date of Incorporation 10 Jul, 2018
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$654.05 K (USD)42.85as on Mar 31, 2023
-
Net Profit
$63.79 K (USD)45.98as on Mar 31, 2023
-
EBITDA
$120.03 K (USD)48.49as on Mar 31, 2023
-
Total Equity Funding
$5 M (USD)
in 1 rounds
-
Latest Funding Round
$5 M (USD), Series A
Feb 24, 2003
-
Investors
Amwins
& 1 more
-
Employee Count
18
as on Apr 01, 2024
-
Acquired by
Amwins
(Dec 02, 2013)
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 eReinsure
eReinsure offers a comprehensive portfolio of products and services, including eReinsure Platform and API Integration. 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.
Secure platform for automating reinsurance transactions and data exchange.
Tools for integrating reinsurance data with external systems efficiently.
Unlock access to complete
Funding Insights of eReinsure
eReinsure has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in February 2003. 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 1
- Last Round Series A — $5.0M
-
First Round
First Round
(24 Feb 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2003 | Amount | Series A - eReinsure | Valuation |
investors |
| 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 eReinsure
eReinsure has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Amwins and Century Capital Management. 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 |
|---|---|---|---|---|
|
Diversified investment management is handled by an employee-owned firm.
|
Founded Year | Domain | Location | |
|
Property and casualty insurance services are provided by Amwins.
|
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 eReinsure
| 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 - eReinsure
| 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 |
Ereinsure Comparisons
Competitors of eReinsure
eReinsure 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 ReLeague, ExtraordinaryRe, Isaac Re, RiskTrEx and FlyRe, 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 |
Global reinsurance transactions are facilitated among insurers, brokers, and reinsurers.
|
|
| domain | founded_year | HQ Location |
Insurance liabilities are traded daily through the platform.
|
|
| domain | founded_year | HQ Location |
Operates a marketplace for insurance-linked investments.
|
|
| domain | founded_year | HQ Location |
Operates a reverse auction marketplace for insurance products and services.
|
|
| domain | founded_year | HQ Location |
Facilitates online transfer and reception of risks through auctions.
|
| 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.
|
Frequently Asked Questions about eReinsure
When was eReinsure founded?
eReinsure was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is eReinsure located?
eReinsure is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Is eReinsure a funded company?
eReinsure is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Feb 24, 2003.
How many employees does eReinsure have?
As of Apr 01, 2024, the latest employee count at eReinsure is 18.
What is the annual revenue of eReinsure?
Annual revenue of eReinsure is $654.05K as on Mar 31, 2023.
What does eReinsure do?
eReinsure was founded in 1999 in Salt Lake City, United States, within the insurance and reinsurance sector. E-commerce technology is delivered to support end-to-end processes for insurers, reinsurers, and brokers. Web-based platforms are utilized to enhance efficiency, compliance, and information management in reinsurance operations. The eReinsure Internal system is employed for handling internal reinsurance activities across the industry.
Who are the top competitors of eReinsure?
eReinsure's top competitors include ReLeague, ExtraordinaryRe and R13K.
What products or services does eReinsure offer?
eReinsure offers eReinsure Platform and API Integration.
Who are eReinsure's investors?
eReinsure has 2 investors. Key investors include Amwins, and Century Capital Management.