About Estify
Estify is a company based in Los Angeles (United States) founded in 2012.. Estify has raised $8.6 million across 5 funding rounds from investors including Romulus Capital, ff Venture Capital and REES Capital. The company has 10 employees as of December 31, 2023. Estify offers products and services including Estify Transfer App and Transfer for Enterprise. Estify operates in a competitive market with competitors including AutoVitals, Infomedia, ClearQuote, GT Motive and MAM Software, among others.
- Headquarter Los Angeles, United States
- Employees 10 as on 31 Dec, 2023
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Estify, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.6 M (USD)
in 5 rounds
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Latest Funding Round
$6.3 M (USD), Series A
Sep 26, 2016
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Investors
Romulus Capital
& 3 more
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Employee Count
10
as on Dec 31, 2023
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Products & Services of Estify
Estify offers a comprehensive portfolio of products and services, including Estify Transfer App and Transfer for Enterprise. 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.
App for uploading and digitizing collision repair estimates to save time.
Service for normalizing data and improving insurance decision-making processes.
Funding Insights of Estify
Estify has successfully raised a total of $8.6M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6.3 million completed in September 2016. 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 5
- Last Round Series A — $6.3M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series A - Estify | Valuation | Romulus Capital | |
| Oct, 2014 | Amount | Series A - Estify | Valuation |
investors |
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| Sep, 2013 | Amount | Seed - Estify | Valuation |
investors |
| 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 Estify
Estify has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Romulus Capital, ff Venture Capital and REES Capital. 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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Early-stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Early-stage technology-enabled companies are invested in by ff Venture Capital.
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Founded Year | Domain | Location | |
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REES Capital is engaged in supporting entrepreneurs through mentoring and investments.
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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 Estify
| 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 - Estify
| 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 |
Estify Comparisons
Competitors of Estify
Estify 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 AutoVitals, Infomedia, ClearQuote, GT Motive and MAM Software, 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 |
SaaS productivity tools are supplied to auto repair shops.
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| domain | founded_year | HQ Location |
SaaS solutions are provided to automotive parts and service sectors.
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| domain | founded_year | HQ Location |
Vehicle damages are inspected and repair estimates automated for dealerships.
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| domain | founded_year | HQ Location |
Cloud-driven repair estimation software is supplied to automotive workshops.
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| domain | founded_year | HQ Location |
Business management software is supplied to the automotive aftermarket.
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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 Estify
When was Estify founded?
Estify was founded in 2012.
Where is Estify located?
Estify is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Estify a funded company?
Estify is a funded company, having raised a total of $8.6M across 5 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Jan 01, 2012.
How many employees does Estify have?
As of Dec 31, 2023, the latest employee count at Estify is 10.
What does Estify do?
Estify was founded in 2012 in Los Angeles, United States, as a provider of cloud-based software for the automotive collision sector. Solutions are offered to automate estimate reconciliation between repair shops and insurance companies, including EstifyTransfer for rekeying processes, EstifyReconcile for comparing estimates, and EstifyParts for electronic parts sourcing. Operations focus on streamlining manual tasks in this industry.
Who are the top competitors of Estify?
Estify's top competitors include Infomedia, ClearQuote and AutoVitals.
What products or services does Estify offer?
Estify offers Estify Transfer App and Transfer for Enterprise.
Who are Estify's investors?
Estify has 4 investors. Key investors include Romulus Capital, ff Venture Capital, REES Capital, and Amplify.