About Insured
Insured is a company based in Lagos (Nigeria) founded in 2013 was acquired by CompareGuru in August 2015.. Insured operates in a competitive market with competitors including TopCheck, UCIB, icomparemoney, Einsure and Klik Insure, among others.
- Headquarter Lagos, Nigeria
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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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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
CompareGuru
(Aug 21, 2015)
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Funding Insights of Insured
| 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 Insured
Insured has secured backing from 1 investor. Prominent investors backing the company include CompareGuru. 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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Online insurance comparison platform for individuals and businesses
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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 Insured
| 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 - Insured
| 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 |
Insured Comparisons
Competitors of Insured
Insured 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 TopCheck, UCIB, icomparemoney, Einsure and Klik Insure, 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 |
Insurance quotes are compared online for Nigerian customers.
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| domain | founded_year | HQ Location |
Provides brokerage for motor, travel, SME, personal, health, and corporate insurance services.
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| domain | founded_year | HQ Location |
Operates a comparison platform for financial and utility products to aid consumer decisions.
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| domain | founded_year | HQ Location |
Aggregates a variety of insurance products for consumers.
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| domain | founded_year | HQ Location |
An online portal for comparing insurance options.
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| 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 Insured
When was Insured founded?
Insured was founded in 2013.
Where is Insured located?
Insured is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Insured do?
Insured was founded in 2013 in Lagos, Nigeria, within the insurance sector. A platform is operated as an intermediary between insurers and buyers, where various products are compared. Coverage includes private insurances like car, life, and home; compulsory types such as liability and third-party; and business options including professional indemnity and contingency. Operations focus on Nigerias leading insurers.
Who are the top competitors of Insured?
Insured's top competitors include TopCheck, UCIB and icomparemoney.
Who are Insured's investors?
Insured has 1 investor. Key investors include CompareGuru.