About LTCG
LTCG is a company based in Eden Prairie (United States) founded in 1996 was acquired by Illumifin in February 2022.. The company has 1,594 employees as of December 31, 2022. LTCG has completed 1 acquisition, including Lifeplansinc. LTCG offers products and services including Business Process Outsourcing Services and Assessment Services.
- Headquarter Eden Prairie, United States
- Employees 1594 as on 31 Dec, 2022
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Illumifin Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Northwestern Mutual
& 7 more
-
Employee Count
1594
as on Dec 31, 2022
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of LTCG
LTCG offers a comprehensive portfolio of products and services, including Business Process Outsourcing Services and Assessment Services. 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.
Inefficiencies in insurance processes are addressed through the use of latest technology for insurers and their customers.
Data about applicants’ and policyholders’ health is gathered using cutting-edge technology to aid underwriting and claim decisions.
Funding Insights of LTCG
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2004 | Amount | Debt – Conventional - LTCG | Valuation |
investors |
|
| Jun, 1996 | Amount | Unspecified - LTCG | Valuation |
investors |
| 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 LTCG
LTCG has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Northwestern Mutual, Merrill Lynch and Illumifin. 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 |
|---|---|---|---|---|
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location | |
|
Private equity firm investing in global financial services sectors.
|
Founded Year | Domain | Location | |
|
-
|
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 LTCG
LTCG has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lifeplansinc. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Civil construction services are provided for medium and large-scale projects.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - LTCG
| 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 |
Ltcg Comparisons
Competitors of LTCG
| 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.
|
Frequently Asked Questions about LTCG
When was LTCG founded?
LTCG was founded in 1996.
Where is LTCG located?
LTCG is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
How many employees does LTCG have?
As of Dec 31, 2022, the latest employee count at LTCG is 1,594.
What does LTCG do?
LTCG is a business process outsourcing for the insurance industry. It provides advanced risk management insight built upon its proprietary underwriting and claims databases. It also offer a full spectrum of support services ranging from application processing and underwriting to care management and in-home assessments.Advent International and Conning Capital Partners Acquire LTCG for 130 Million in 2004. In 2008, they sold LTCG to Genstar Capital.
What products or services does LTCG offer?
LTCG offers Business Process Outsourcing Services and Assessment Services.
How many acquisitions has LTCG made?
LTCG has made 1 acquisition, including Lifeplansinc.
Who are LTCG's investors?
LTCG has 8 investors. Key investors include Northwestern Mutual, Merrill Lynch, Illumifin, NEA, and Stone Point Capital.