About GloveBox
GloveBox is a company based in Denver (United States) founded in 2019 by Sean Mulhern and Ryan Mathisen.. GloveBox has raised $8.65 million across 3 funding rounds from investors including Heffernan Insurance Brokers, Mercato Partners and Panoramic Ventures. GloveBox offers products and services including PolicyAssist, Certificate Management, and Embedded Marketplace. GloveBox operates in a competitive market with competitors including Pillar, InsuredMine, Medl, Primero Insurance Company and MyBenefitsKeeper, among others.
- Headquarter Denver, United States
- Founders Sean Mulhern, Ryan Mathisen
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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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- Legal Name Glovebox, 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
$8.65 M (USD)
in 3 rounds
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Latest Funding Round
$5.5 M (USD), Series A
Jul 07, 2022
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Investors
Heffernan Insurance Brokers
& 2 more
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Employee Count
Employee Count
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Products & Services of GloveBox
GloveBox offers a comprehensive portfolio of products and services, including PolicyAssist, Certificate Management, and Embedded Marketplace. 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.
Tool that pre-fills client data for efficient policy management tasks.
System for easy certificate requests and delivery to clients.
Feature for clients to quote additional insurance lines within the portal.
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Funding Insights of GloveBox
GloveBox has successfully raised a total of $8.65M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in July 2022. 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 3
- Last Round Series A — $5.5M
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First Round
First Round
(22 Dec 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - GloveBox | Valuation | Panoramic Ventures | |
| Jan, 2021 | Amount | Seed - GloveBox | Valuation | Mercato Partners | |
| Dec, 2020 | Amount | Seed - GloveBox | 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 |
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Investors in GloveBox
GloveBox has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Heffernan Insurance Brokers, Mercato Partners and Panoramic Ventures. 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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Growth-stage investments in consumer tech are managed.
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Diversified insurance brokerage services are offered nationwide.
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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 GloveBox
| 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 - GloveBox
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Glovebox Comparisons
Competitors of GloveBox
GloveBox 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 Pillar, InsuredMine, Medl, Primero Insurance Company and MyBenefitsKeeper, 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 |
Loan management app
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| domain | founded_year | HQ Location |
Cloud-based insurance policy management is offered to individuals.
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| domain | founded_year | HQ Location |
Virtual health insurance cards and patient connectivity apps are provided.
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| domain | founded_year | HQ Location |
An app for managing individual insurance policies is provided.
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| domain | founded_year | HQ Location |
An app designed to efficiently manage and track health benefits.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Glovebox
Frequently Asked Questions about GloveBox
When was GloveBox founded?
GloveBox was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is GloveBox located?
GloveBox is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of GloveBox?
Ryan Mathisen is the current CEO of GloveBox. They have also founded this company.
Is GloveBox a funded company?
GloveBox is a funded company, having raised a total of $8.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150.23K, raised on Dec 22, 2020.
What does GloveBox do?
GloveBox was founded in 2019 in Denver, United States, within the insurtech sector. An app-based platform is offered for individuals to manage insurance policies. Multiple carrier apps are integrated into a single portal for centralized access. Alerts are generated for missing coverage, price increases, and related notifications. The service operates primarily on iOS devices, facilitating policy oversight across various providers.
Who are the top competitors of GloveBox?
GloveBox's top competitors include Primero Insurance Company, InsuredMine and Pillar.
What products or services does GloveBox offer?
GloveBox offers PolicyAssist, Certificate Management, and Embedded Marketplace.
Who are GloveBox's investors?
GloveBox has 3 investors. Key investors include Heffernan Insurance Brokers, Mercato Partners, and Panoramic Ventures.