GuideOne

Des Moines, United States Founded: 1947 • Age: 79 yrs Acquired By Bain Capital
Property and casualty insurance is offered by GuideOne.

About GuideOne

GuideOne is a company based in Des Moines (United States) founded in 1947 was acquired by Bain Capital in December 2023.. GuideOne has raised $50 million across 1 funding round from investors including Kansas City Life Insurance Company and Bain Capital Insurance. GuideOne offers products and services including Insurance Policies, Claims Services, and Value-Added Services. GuideOne operates in a competitive market with competitors including National General Insurance, AmTrust Financial, The Hartford, Intact Ventures and The Hanover Insurance Group, among others.

  • Headquarter Des Moines, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Guideone Mutual Insurance Company
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Series B

    Dec 01, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Bain Capital

    & 1 more

    (Dec 21, 2023)

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Products & Services of GuideOne

GuideOne offers a comprehensive portfolio of products and services, including Insurance Policies, Claims Services, and Value-Added Services. 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

Provides coverage for religious and nonprofit entities

Handles claims processing and support for policyholders

Offers resources like safety libraries and risk assessments

People of GuideOne
Headcount 500-1000
Employee Profiles 32
Board Members and Advisors 7
Employee Profiles
People
Patty Stewart
Sr Large Loss Casualty Adjuster
People
Bernard Hengesbaugh
President & CEO
People
Andy Noga
Senior Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer
People
Ken Cadematori
SVP & CFO

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Board Members and Advisors
people
Carol Sanders
Member Board Of Directors

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Funding Insights of GuideOne

GuideOne has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in December 2017. 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 Rounds 1
  • Last Round Series B — $50.0M
  • First Round

    (01 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series B - GuideOne Valuation

investors

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 GuideOne

GuideOne has secured backing from 2 investors. Prominent investors backing the company include Kansas City Life Insurance Company and Bain Capital Insurance. 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
Investor Description Founded Year Domain Location
Limited information available
Founded Year Domain Location
Bain Capital Insurance is focused on insurance industry investments.
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 GuideOne

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

Financial Statements - GuideOne

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

Guideone Comparisons

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Competitors of GuideOne

GuideOne 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 Hartford, Intact Ventures and The Hanover Insurance 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
domain founded_year HQ Location
Property and casualty insurance is provided by National General Insurance.
domain founded_year HQ Location
Property and casualty insurance company
domain founded_year HQ Location
Insurance, benefits, and mutual funds are provided in financial services.
domain founded_year HQ Location
Provider of property & casualty insurances
domain founded_year HQ Location
Insurance brokerage services are provided to various clients.
domain founded_year HQ Location
Property and casualty insurance is provided to individuals and businesses.
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 Guideone

Frequently Asked Questions about GuideOne

When was GuideOne founded?

GuideOne was founded in 1947 and raised its 1st funding round 70 years after it was founded.

Where is GuideOne located?

GuideOne is headquartered in Des Moines, United States. It is registered at Des Moines, Iowa, United States.

Is GuideOne a funded company?

GuideOne is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series B of $50M, raised on Dec 01, 2017.

What does GuideOne do?

GuideOne was established in 1947 as a property and casualty insurance provider. Operations are centered in Des Moines, United States, with services focused on coverage for commercial and personal risks, including liability, property damage, and workers compensation. Policies are tailored for sectors such as education, nonprofits, and small businesses. Underwriting and claims handling are managed through a network of agents across the country.

Who are the top competitors of GuideOne?

GuideOne's top competitors include National General Insurance, AmTrust Financial and First American.

What products or services does GuideOne offer?

GuideOne offers Insurance Policies, Claims Services, and Value-Added Services.

Who are GuideOne's investors?

GuideOne has 2 investors. Key investors include Kansas City Life Insurance Company, and Bain Capital Insurance.

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