Fadata

Munchen, Germany Founded: 1990 • Age: 36 yrs Acquired By Riverside
Platform offering life and property and casualty insurance software
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About Fadata

Fadata is a company based in Munchen (Germany) founded in 1990 was acquired by Riverside in December 2015.. The company has 19 employees as of December 31, 2022. Fadata has completed 1 acquisition, including Impeo Software. Fadata offers products and services including INSIS Platform, INSIS Claims, and SyneX INSIS Accelerator. Fadata operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

  • Headquarter Munchen, Germany
  • Employees 19 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fadata Germany Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    19

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Riverside

    (Dec 18, 2015)

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Products & Services of Fadata

Fadata offers a comprehensive portfolio of products and services, including INSIS Platform, INSIS Claims, and SyneX INSIS Accelerator. 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.

Primary

Comprehensive platform for managing insurance operations and workflows.

Tool for efficient claim settling and processing in insurance.

Streamlines insurance operations to reduce costs and speed up market entry.

People of Fadata
Headcount 200-500
Employee Profiles 7
Employee Profiles
People
Milen Glushkov
Chief Financial Officer
People
Liselotte Munk
CEO
People
Katrine Hertz Ostergaard
Chief People Officer
People
Antoaneta Karagyozova
Chief Professional Services Officer

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Funding Insights of Fadata

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Unspecified - Fadata Valuation Charles Taylor
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 Fadata

Fadata has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Charles Taylor and The Riverside Company. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt are provided to middle market companies.
Founded Year Domain Location
Insurance management, adjustment, and support services are provided globally.
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 Fadata

Fadata has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Impeo Software. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Front-end software for insurance and financial sectors is developed.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fadata

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Fadata Comparisons

Employees
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Competitors of Fadata

Fadata 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 ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, 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
Insurance policy and claim management solutions for the insurance industry
domain founded_year HQ Location
Cloud-based solutions for insurance policy management and underwriting are offered.
domain founded_year HQ Location
AI-based software suite is provided for banking and insurance sectors.
domain founded_year HQ Location
Cloud-based policy management and underwriting solutions for insurance are provided.
domain founded_year HQ Location
A platform for digital insurance distribution and management is provided.
domain founded_year HQ Location
Cloud-based software solutions for credit insurers, surety bonds & trade finance
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.

Latest news on Fadata

Frequently Asked Questions about Fadata

When was Fadata founded?

Fadata was founded in 1990 and raised its 1st funding round 27 years after it was founded.

Where is Fadata located?

Fadata is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Who is the current CEO of Fadata?

Liselotte Munk is the current CEO of Fadata.

How many employees does Fadata have?

As of Dec 31, 2022, the latest employee count at Fadata is 19.

What does Fadata do?

Platform offering life and property and casualty insurance software. Its cloud-enabled platform is designed to streamline insurance operations. It provides an enterprise software system that supports various lines of insurance business. It also enables organizations to automate their processes and adapt to changing market demands.

Who are the top competitors of Fadata?

Fadata's top competitors include FintechOS, Socotra and Tinubu.

What products or services does Fadata offer?

Fadata offers INSIS Platform, INSIS Claims, and SyneX INSIS Accelerator.

How many acquisitions has Fadata made?

Fadata has made 1 acquisition, including Impeo Software.

Who are Fadata's investors?

Fadata has 2 investors. Key investors include Charles Taylor, and The Riverside Company.

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