Ingenie

Leatherhead, United Kingdom Founded: 2009 • Age: 17 yrs Acquired By A-Plan Group
Usage-based car insurance is offered online based on driving habits.
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About Ingenie

Ingenie is a company based in Leatherhead (United Kingdom) founded in 2009 was acquired by A-Plan Group in October 2020.. Ingenie offers products and services including Young Driver Insurance and Learner Driver Insurance. Ingenie operates in a competitive market with competitors including Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, among others.

  • Headquarter Leatherhead, United Kingdom
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Wtgisl Limited
  • Date of Incorporation 09 Dec, 2010
  • Jurisdiction EASTLEIGH, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $7.68 M (USD)
    5
    as on Dec 31, 2020
  • Net Profit
    $-1.88 M (USD)
    48
    as on Dec 31, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    A-Plan Group

    & 1 more

    (Oct 09, 2020)

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Products & Services of Ingenie

Ingenie offers a comprehensive portfolio of products and services, including Young Driver Insurance and Learner Driver 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.

Primary

Policy for young drivers with black box monitoring.

Flexible cover for learner drivers to practice safely.

Funding Insights of Ingenie

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 Ingenie

Ingenie has secured backing from 2 investors. Prominent investors backing the company include Watchstone Group and A-Plan Group. 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
Diversified insurance distribution services are operated across multiple sectors.
Founded Year Domain Location
Diversified operations in insurance, automobiles, and healthcare are conducted.
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 Ingenie

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 - Ingenie

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

Ingenie Comparisons

Employees
+
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Competitors of Ingenie

Ingenie 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 Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, 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
Online usage-based car insurance solutions
domain founded_year HQ Location
Motor insurance is provided for personal and work driving.
domain founded_year HQ Location
Auto insurance is delivered via app to individual drivers.
domain founded_year HQ Location
Pay-per-mile auto insurance is offered through a mobile app.
domain founded_year HQ Location
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
domain founded_year HQ Location
Provider of telematics data for insurance
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 Ingenie

Frequently Asked Questions about Ingenie

When was Ingenie founded?

Ingenie was founded in 2009.

Where is Ingenie located?

Ingenie is headquartered in Leatherhead, United Kingdom.

What is the annual revenue of Ingenie?

Annual revenue of Ingenie is $7.68M as on Dec 31, 2020.

What does Ingenie do?

Ingenie was founded in 2009 and is based in Leatherhead, United Kingdom. An online platform is operated in the auto insurance sector, where coverage is provided to individuals according to their driving habits. Quotes are issued for learner driver insurance, young driver insurance, and additional categories. Claims processing services are handled, alongside driving guides for policyholders.

Who are the top competitors of Ingenie?

Ingenie's top competitors include Marshmallow, Cuvva and Octo Telematics.

What products or services does Ingenie offer?

Ingenie offers Young Driver Insurance and Learner Driver Insurance.

Who are Ingenie's investors?

Ingenie has 2 investors. Key investors include Watchstone Group, and A-Plan Group.

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