About Magnifact
Magnifact is a company based in Skokie (United States) founded in 2015. It operates as a B2B. Magnifact operates in a competitive market with competitors including Earnix, Kuvare, Roots Automation, Oyster Technologies and Integrated Specialty Coverages, among others.
- Headquarter Skokie, United States
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Sectors
Financial Services
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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
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Investors
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Employee Count
Employee Count
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Funding Insights of Magnifact
| 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 |
Investments & Acquisitions by Magnifact
| 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 - Magnifact
| 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 |
Magnifact Comparisons
Competitors of Magnifact
Magnifact 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 Earnix, Kuvare, Roots Automation, Oyster Technologies and Integrated Specialty Coverages, 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 |
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| domain | founded_year | HQ Location |
AI based marketing analytics and data monitoring solutions for insurers and banks
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| domain | founded_year | HQ Location |
Diversified insurance products are distributed across multiple channels.
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| domain | founded_year | HQ Location |
Insurance processes are automated through AI-based digital coworkers.
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| domain | founded_year | HQ Location |
Diversified insurance products are provided via an online platform.
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| domain | founded_year | HQ Location |
Insurance brokerage services for specialty coverages are provided.
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| domain | founded_year | HQ Location |
Data management and monitoring solutions for insurance are provided.
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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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Latest news on Magnifact
Frequently Asked Questions about Magnifact
When was Magnifact founded?
Magnifact was founded in 2015.
Where is Magnifact located?
Magnifact is headquartered in Skokie, United States. It is registered at Skokie, Illinois, United States.
What does Magnifact do?
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.
Who are the top competitors of Magnifact?
Magnifact's top competitors include Roots Automation, Earnix and Kuvare.
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