About Kuvare
Kuvare is a Financial Services company based in Chicago (United States) founded in 2014, and was acquired by Blue Owl in April 2024. Diversified insurance products are distributed across multiple channels. Kuvare has completed 2 acquisitions, including GILICO and United Life. Kuvare offers products and services including Annuity Products, Life Insurance, Reinsurance Solutions, and Investment Management. Its focus areas include FinTech, Internet First Insurance Platforms, Internet First Insurers and Diversified. Its competitors include Oyster Technologies, Selfgood and My Conextion; 2 of its 3 listed competitors have raised funding.
Company details
Kuvare was established in 2014 and is headquartered in Chicago, United States. Operations focus on the insurance sector as a diversified distributor. A range of insurance products and services is managed, including distribution through various platforms and partnerships. Activities span the U.S. market, supporting insurance carriers with intermediary functions and risk management solutions. The company maintains a presence in key financial hubs to facilitate these services.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsFinancial Services
- Website kuvare.com
- Social LinkedIn
- Acquired by Blue Owl (Apr 2024)
- InvestorsMakena Capital Management
& 3 more
- Investments & AcquisitionsGILICO
& 1 more
- Acquired byBlue Owl
(Apr 2024)
Products & Services of Kuvare
Kuvare offers a comprehensive portfolio of products and services, including Annuity Products, Life Insurance, Reinsurance Solutions, and Investment Management.
Provides retirement income protection through simplified policies.
Offers financial security for policyholders and their families.
Delivers improved risk-based capital for insurance carriers.
Focuses on capital-efficient structuring for investors.
Funding Insights of Kuvare
- Total Rounds 1
- Investors Count 3
All 1 funding rounds of Kuvare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2016 | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Kuvare
Kuvare has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Makena Capital Management, Blue Owl and Altamont Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in lower-middle market companies across Industrials, Business Services, Financial Services, and Franchising & Multi-Unit sectors. | altamontcapital.com | |||
Private equity investment firm focused on buyouts | accessholdings.com | Baltimore, United States | ||
Diversified investment management is provided across multiple asset classes. | 2005 | makenacap.com | Menlo Park, United States | |
Diversified loans to SMEs are provided by Blue Owl. | 2021 | blueowl.com | New York, United States |
Investor details for Kuvare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Kuvare
31 people are tracked at Kuvare (15 in leadership, 16 in team).
| Name | Role | Group |
|---|---|---|
Kevin Hovi | President & CFO | Leadership |
Michael Stefan | Head of Corporate Development & Strategy | Leadership |
Carlos Sierra | COO | Leadership |
Nicholas Martucci | Vice President | Leadership |
Mike Martin | PMO Director | Leadership |
Dhiren Jhaveri | CEO | Leadership |
Erik Braun | Chief Financial Officer | Leadership |
Ann Mengelson-Clark | VP of Transformation & Technology | Leadership |
Matt Lenaghan | Assistant Vice President | Leadership |
Rob Ipsen | VP And Corporate Actuary | Leadership |
Joe Kempenich | Vice President, Information Technology, Business Technologies | Leadership |
Rachel Hudson | Managing Director, Head Of Corporate Credit And Sports, Media, And Entertainment Investing | Leadership |
Dylan Jaffee | Head Of Operations - Ignite Partners | Leadership |
Stanley Mathew | Director - Actuarial In Model Governance | Leadership |
Laura Gallagher | Chief Actuary | Leadership |
Brian Roelke | CIO | Team |
Tracy Clang | AVP Claims | Team |
Shimrit Scher | Deputy General Counsel | Team |
David A. Goldberg | General Counsel | Team |
Nana Dua-Agyeman | Finance Manager | Team |
11 more people are available in the full profile.
Complete people profiles for Kuvare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Kuvare
Kuvare has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GILICO and United Life.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Life insurance company | unitedlife.com | Cedar Rapids, United States | 1962 | Apr 2018 | •••• | |
Life insurance services are offered nationwide by GILICO. | gilico.com | Baton Rouge, United States | 1926 | Oct 2016 | •••• |
Complete acquisition details for Kuvare
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Kuvare
5 dated milestones of Kuvare across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Kuvare is founded.
- Funding First funding round.
- Acquisition Acquires GILICO.
- Acquisition Acquires United Life.
- Exit Acquired by Blue Owl.
Competitors of Kuvare
Kuvare has 3 listed competitors in our database, 2 of them funded. They include Oyster Technologies, Selfgood and My Conextion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| withoyster.com | 2021 | New York, United States | $3.6M | Diversified insurance products are provided via an online platform. | ||
| selfgood.com | 2010 | Littleton, United States | $2M | Provider of life, health, home, car & renter insurance services | ||
| myconextion.com | 2018 | United States | Offers a web-based platform for 3D interactive insurance experiences. |
Detailed competitors of Kuvare
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Kuvare
The website of Kuvare (kuvare.com) receives about 6.8K visits a month.
- Monthly visits6.8K
▼ 7.5% vs previous month
Websites whose visitors overlap most with Kuvare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mykuvare.com | mykuvare.com | 100% | #352,522 | – |
Top companies in Insurance Providers
3 companies that operate in the same segment as Kuvare (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Related news about Kuvare
Complete news archive for Kuvare
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Frequently Asked Questions about Kuvare
Kuvare was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Kuvare is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Kuvare was established in 2014 and is headquartered in Chicago, United States. Operations focus on the insurance sector as a diversified distributor. A range of insurance products and services is managed, including distribution through various platforms and partnerships. Activities span the U.S. market, supporting insurance carriers with intermediary functions and risk management solutions. The company maintains a presence in key financial hubs to facilitate these services.
Kuvare's top competitors include Oyster Technologies, Selfgood and My Conextion.
Kuvare offers Annuity Products, Life Insurance, Reinsurance Solutions, and Investment Management.
Kuvare has made 2 acquisitions, including GILICO, and United Life.
Kuvare has 4 investors. Key investors include Makena Capital Management, Blue Owl, Altamont Capital Partners, and Access Holdings.
Yes. Kuvare was acquired by Blue Owl in April 2024.