About Fremont Insurance
Fremont Insurance is a company based in Fremont (United States) founded in 1876 was acquired by American Automobile Association in August 2011.. Fremont Insurance has raised $885.56 thousand across 1 funding round from investors including American Automobile Association. Fremont Insurance offers products and services including Personal Auto Insurance, Homeowners Insurance, Business Owners Policy, and Workers Compensation. Fremont Insurance operates in a competitive market with competitors including National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, among others.
- Headquarter Fremont, United States
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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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Total Equity Funding
$885.56 K (USD)
in 1 rounds
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Latest Funding Round
$885.56 K (USD), Unspecified
Mar 09, 2011
- Investors
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Employee Count
Employee Count
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Acquired by
American Automobile Association
(Aug 01, 2011)
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Products & Services of Fremont Insurance
Fremont Insurance offers a comprehensive portfolio of products and services, including Personal Auto Insurance, Homeowners Insurance, Business Owners Policy, and Workers Compensation. 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.
Covers vehicles for personal use against accidents and damages
Protects homes and belongings from damage and liability
Provides combined coverage for business property and operations
Offers benefits for workplace injuries and illnesses
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Funding Insights of Fremont Insurance
Fremont Insurance has successfully raised a total of $885.56K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $885.56 thousand completed in March 2011. 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 Unspecified — $885,563
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First Round
First Round
(09 Mar 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2011 | Amount | Unspecified - Fremont Insurance | Valuation |
investors |
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| 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 |
Investors in Fremont Insurance
Fremont Insurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include American Automobile Association. 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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Roadside assistance and travel services are provided to members.
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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 Fremont Insurance
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fremont Insurance
| 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 |
Fremont Insurance Comparisons
Competitors of Fremont Insurance
Fremont Insurance 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 National General Insurance, AmTrust Financial, The Hanover Insurance Group, The Hartford and Ambac Financial Group, 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 |
Property and casualty insurance is provided by National General Insurance.
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Property and casualty insurance company
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Insurance brokerage services are provided to various clients.
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Insurance, benefits, and mutual funds are provided in financial services.
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Diversified investment management services are provided to institutional clients.
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Property & casualty insurance company
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Fremont Insurance
When was Fremont Insurance founded?
Fremont Insurance was founded in 1876 and raised its 1st funding round 135 years after it was founded.
Where is Fremont Insurance located?
Fremont Insurance is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Fremont Insurance a funded company?
Fremont Insurance is a funded company, having raised a total of $885.56K across 1 funding round to date. The company's 1st funding round was a Unspecified of $885.56K, raised on Mar 09, 2011.
What does Fremont Insurance do?
Fremont Insurance was established in 1876 in Fremont, United States, as a property and casualty insurance carrier. Core operations are centered on underwriting and providing coverage for personal and commercial risks, including auto, home, and business liabilities. Services are delivered through traditional and digital channels via the domain fmic.com, with a focus on the U.S. market. Regulatory compliance and risk management are maintained across all activities.
Who are the top competitors of Fremont Insurance?
Fremont Insurance's top competitors include National General Insurance, AmTrust Financial and First American.
What products or services does Fremont Insurance offer?
Fremont Insurance offers Personal Auto Insurance, Homeowners Insurance, Business Owners Policy, and Workers Compensation.
Who are Fremont Insurance's investors?
Fremont Insurance has 1 investor. Key investors include American Automobile Association.