About Magnifact
Magnifact is a Financial Services company based in Skokie (United States) founded in 2015. It provides data and monitoring solutions for the insurance industry. It operates on a B2B model. Its focus areas include Insurance, Data Solutions and Monitoring. Its competitors include Earnix, Kuvare, Roots Automation, Oyster Technologies and Integrated Specialty Coverages and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Magnifact, based in Skokie, focuses on offering financial products and advice, offering insurance products, data solutions, and monitoring. Provides data and monitoring solutions for the insurance industry. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Skokie, United States
- SectorsFinancial Services
- Website magnifact.com
- Social X
People of Magnifact
8 people are tracked at Magnifact (1 in leadership, 5 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Krish V. Krishnan | Founder & CEO | Leadership |
Bonnie Wasgatt | Advisor | Board & advisors |
Scott Cochran | Advisor | Board & advisors |
Dan LaBert | Advisor | Board & advisors |
Eric Rea | Advisor | Board & advisors |
Mark Daley | Advisor | Board & advisors |
Ivory Banks, M.H.A., B.A. | Lead Business Analyst | Team |
Nick Bartlett | Client Implementation Manager | Team |
Complete people profiles for Magnifact
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Competitors of Magnifact
Magnifact has 8 listed competitors in our database, 6 of them funded. They include Earnix, Kuvare, Roots Automation, Oyster Technologies and Integrated Specialty Coverages, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| earnix.com | 2001 | Givatayim, Israel | $97.5M | – | AI based marketing analytics and data monitoring solutions for insurers and banks | |
| kuvare.com | 2014 | Chicago, United States | – | – | Diversified insurance products are distributed across multiple channels. | |
| rootsautomation.com | 2018 | New York, United States | $43.95M | – | Insurance processes are automated through AI-based digital coworkers. | |
| withoyster.com | 2021 | New York, United States | $3.6M | – | Diversified insurance products are provided via an online platform. | |
| iscmga.com | 2016 | Harrison, United States | – | – | Insurance brokerage services for specialty coverages are provided. | |
| covie.com | 2003 | Illinois, United States | $4.67M | – | Data management and monitoring solutions for insurance are provided. | |
| curafi.com | 2022 | San Francisco, United States | $7.25M | 6 | Infusion management software is provided for healthcare organizations. | |
| yourcentinel.com | 2022 | Chicago, United States | $20,000 | – | Customizable claims-free coverage is provided for hard-to-insure risks. |
Detailed competitors of Magnifact
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Web traffic of Magnifact
The website of Magnifact (magnifact.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 725.4% vs previous month
Top companies in Insurance Providers
10 companies that operate in the same segment as Magnifact (Insurance Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
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 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
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 | |
Homeowners insurance coverage is delivered via an online platform. | 2015 | Palo Alto, California, United States | USD 709.36 M | USD 468.6 M | 640 | |
Online health insurance is provided to individuals and businesses. | 2012 | New York, New York, United States | USD 1.63 B | USD 11.7 B | 2,908 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | – | USD 502.59 M | 31,422 |
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Related news about Magnifact
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Frequently Asked Questions about Magnifact
Magnifact was founded in 2015.
Magnifact is headquartered in Skokie, United States. It is registered at Skokie, Illinois, United States.
Magnifact, based in Skokie, focuses on offering financial products and advice, offering insurance products, data solutions, and monitoring. Provides data and monitoring solutions for the insurance industry. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Magnifact's top competitors include Roots Automation, Earnix and Kuvare.