About Homeprotect
Homeprotect is a company based in London (United Kingdom) founded in 2001.. Homeprotect has raised $745.49 thousand across 1 funding round. Homeprotect offers products and services including Home Insurance, Buildings Insurance, and Contents Insurance. Homeprotect operates in a competitive market with competitors including Homelyfe, Click4quote, Rainbow Home Insurance, Can Do Insurance and Reciproco, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Avantia Insurance Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$745.49 K (USD)
in 1 rounds
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Latest Funding Round
$745.49 K (USD), Seed
Aug 08, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Homeprotect
Homeprotect offers a comprehensive portfolio of products and services, including Home Insurance, Buildings Insurance, and Contents 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.
Provides protection for home buildings and contents against various risks.
Covers structural damage to buildings in the UK.
Insures personal belongings inside homes from theft or damage.
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Funding Insights of Homeprotect
Homeprotect has successfully raised a total of $745.49K through 1 strategic funding round. The most recent funding activity was a Seed round of $745.49 thousand completed in August 2023. 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 Seed — $745,487
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First Round
First Round
(08 Aug 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Homeprotect | 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 |
Investments & Acquisitions by Homeprotect
| 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 - Homeprotect
| 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 |
Homeprotect Comparisons
Competitors of Homeprotect
Homeprotect 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 Homelyfe, Click4quote, Rainbow Home Insurance, Can Do Insurance and Reciproco, 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 |
Home insurance is offered via an online platform for customers.
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| domain | founded_year | HQ Location |
Specialist property insurance quotes and policies are offered online.
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| domain | founded_year | HQ Location |
Offers online home insurance quotes and comparisons for UK residents and property owners.
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| domain | founded_year | HQ Location |
Functions as an internet-first provider of property insurance services.
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| domain | founded_year | HQ Location |
Serves as a distribution platform for specialist home insurance.
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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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Frequently Asked Questions about Homeprotect
When was Homeprotect founded?
Homeprotect was founded in 2001 and raised its 1st funding round 22 years after it was founded.
Where is Homeprotect located?
Homeprotect is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Homeprotect?
Mark Eastham is the current CEO of Homeprotect.
Is Homeprotect a funded company?
Homeprotect is a funded company, having raised a total of $745.49K across 1 funding round to date. The company's 1st funding round was a Seed of $745.49K, raised on Aug 08, 2023.
What does Homeprotect do?
Homeprotect was established in 2001 in London, United Kingdom, as an online platform in the insurance sector. Homeowner policies are provided, covering buildings and contents against natural disasters and accidental damage. Instant quotes are generated based on user-entered home details, with policies underwritten by AXA Insurance. Operations focus on direct-to-consumer sales through the website homeprotect.co.uk.
Who are the top competitors of Homeprotect?
Homeprotect's top competitors include Click4quote, Homelyfe and Rainbow Home Insurance.
What products or services does Homeprotect offer?
Homeprotect offers Home Insurance, Buildings Insurance, and Contents Insurance.