About Hilb Group
Hilb Group is a company based in Richmond (United States) founded in 2009 was acquired by The Carlyle Group in October 2019.. Hilb Group has raised $19.77 million across 8 funding rounds from investors including The Carlyle Group, Abry Partners and NewStar Financial. The company has 102 employees as of December 31, 2014. Hilb Group has completed 95 acquisitions, including Abatelli Group, Aloisio Insurance Associates and American Truck Insurance.
- Headquarter Richmond, United States
- Employees 102 as on 31 Dec, 2014
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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
$19.77 M (USD)
in 8 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Dec 13, 2018
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Investors
The Carlyle Group
& 3 more
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Employee Count
102
as on Dec 31, 2014
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Investments & Acquisitions
Abatelli Group
& 94 more
- Acquired by
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Funding Insights of Hilb Group
Hilb Group has successfully raised a total of $19.77M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in December 2018. 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 8
- Last Round Series A — $3.5M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series A - Hilb Group | Valuation |
investors |
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| Oct, 2018 | Amount | Series A - Hilb Group | Valuation |
investors |
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| Dec, 2017 | Amount | Series A - Hilb Group | 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 Hilb Group
Hilb Group has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Abry Partners and NewStar Financial. 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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A private investment firm based in Westport, CT.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Abry Partners is engaged in middle market private equity investments.
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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 Hilb Group
Hilb Group has strategically engaged in corporate development activities, having acquired 95 companies. Notable acquisitions include Abatelli Group, Aloisio Insurance Associates and American Truck Insurance. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Life, Medicare, annuities, and employee benefit insurance services are provided.
|
2019 | ||||
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Business technology, strategy, and enrollment services are provided.
|
2018 | ||||
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Provider of insurance brokerage services
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hilb Group
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hilb Group Comparisons
Competitors of Hilb Group
| 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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Frequently Asked Questions about Hilb Group
When was Hilb Group founded?
Hilb Group was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Hilb Group located?
Hilb Group is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
Is Hilb Group a funded company?
Hilb Group is a funded company, having raised a total of $19.77M across 8 funding rounds to date. The company's 1st funding round was a Series A of $1.26M, raised on Jun 09, 2011.
How many employees does Hilb Group have?
As of Dec 31, 2014, the latest employee count at Hilb Group is 102.
What does Hilb Group do?
Hilb Group was founded in 2009 and is headquartered in Richmond, United States. Insurance brokerage services are offered in personal, commercial, and specialty lines. Operations are centered on client needs within the insurance sector, with coverage extended across various risks. The companys domain, hilbgroup.com, supports its service delivery. Focus remains on standard insurance provisions without specified expansions into adjacent financial areas.
How many acquisitions has Hilb Group made?
Hilb Group has made 95 acquisitions, including Abatelli Group, Aloisio Insurance Associates, and American Truck Insurance.
Who are Hilb Group's investors?
Hilb Group has 4 investors. Key investors include The Carlyle Group, Abry Partners, NewStar Financial, and BHMS Investments.
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