About GeoVera Insurance
GeoVera Insurance is a company based in Fairfield (United States) founded in 1997 was acquired by SageSure in January 2025.. GeoVera Insurance has raised $151.16 million across 1 funding round from investors including Flexpoint Ford and SageSure. The company has 172 employees as of December 31, 2022. GeoVera Insurance offers products and services including Earthquake Insurance, Homeowners Insurance, Landlord Insurance, Vacant Home Insurance, and Wind Only Insurance. GeoVera Insurance operates in a competitive market with competitors including Fidelity National Financial, TypTap Insurance, FM, Weston Insurance and Security First Insurance, among others.
- Headquarter Fairfield, United States
- Employees 172 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Geovera Holdings, 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
$151.16 M (USD)
in 1 rounds
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Latest Funding Round
$151.16 M (USD), Series D
Aug 08, 2012
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Investors
Flexpoint Ford
& 1 more
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Employee Count
172
as on Dec 31, 2022
- Acquired by
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Products & Services of GeoVera Insurance
GeoVera Insurance offers a comprehensive portfolio of products and services, including Earthquake Insurance, Homeowners Insurance, Landlord Insurance, Vacant Home Insurance, and Wind Only Insurance. 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.
Coverage for earthquake damage to residential properties
Protection for homes in high-risk areas like Florida
Insurance for rental properties against various risks
Coverage for unoccupied homes from damage
Specialized coverage for wind-related damages
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Funding Insights of GeoVera Insurance
GeoVera Insurance has successfully raised a total of $151.16M through 1 strategic funding round. The most recent funding activity was a Series D round of $151.16 million completed in August 2012. 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 D — $151.2M
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First Round
First Round
(08 Aug 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Series D - GeoVera Insurance | Valuation |
investors |
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| 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 GeoVera Insurance
GeoVera Insurance has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Flexpoint Ford and SageSure. 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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Private equity firm focused on financial services and healthcare companies
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Founded Year | Domain | Location | |
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Online property insurance comparisons are provided for individuals and businesses.
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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 GeoVera 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GeoVera Insurance
| 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 |
Geovera Insurance Comparisons
Competitors of GeoVera Insurance
GeoVera 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 Fidelity National Financial, TypTap Insurance, FM, Weston Insurance and Security First Insurance, 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 |
Financial institution offering insurance & transaction services
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| domain | founded_year | HQ Location |
An online P&C insurance platform for individuals is operated.
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| domain | founded_year | HQ Location |
Commercial property insurance solutions are provided to mitigate loss risks.
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| domain | founded_year | HQ Location |
Windstorm insurance carrier
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| domain | founded_year | HQ Location |
Offers insurance for homes, renters, and properties in Florida against various hazards.
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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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Latest news on Geovera Insurance
Frequently Asked Questions about GeoVera Insurance
When was GeoVera Insurance founded?
GeoVera Insurance was founded in 1997 and raised its 1st funding round 15 years after it was founded.
Where is GeoVera Insurance located?
GeoVera Insurance is headquartered in Fairfield, United States.
Is GeoVera Insurance a funded company?
GeoVera Insurance is a funded company, having raised a total of $151.16M across 1 funding round to date. The company's 1st funding round was a Series D of $151.16M, raised on Aug 08, 2012.
How many employees does GeoVera Insurance have?
As of Dec 31, 2022, the latest employee count at GeoVera Insurance is 172.
What does GeoVera Insurance do?
GeoVera Insurance was founded in 1997 and is headquartered in Fairfield, United States. Operations are centered on the property insurance sector, with a focus on specialized coverage for earthquake risks and windstorm-hurricane events. Services are extended to policyholders seeking protection against these natural perils, primarily within the U.S. market. The company maintains its domain at geovera.com to support client interactions and policy management.
Who are the top competitors of GeoVera Insurance?
GeoVera Insurance's top competitors include Fidelity National Financial, Investors Title and FM.
What products or services does GeoVera Insurance offer?
GeoVera Insurance offers Earthquake Insurance, Homeowners Insurance, Landlord Insurance, Vacant Home Insurance, and Wind Only Insurance.
Who are GeoVera Insurance's investors?
GeoVera Insurance has 2 investors. Key investors include Flexpoint Ford, and SageSure.