About Medicus Insurance
Medicus Insurance is a company based in Austin (United States) founded in 2006 was acquired by NORCAL Group in July 2011.. Medicus Insurance has raised $25 million across 2 funding rounds from investors including NORCAL Group, CHL Medical Partners and Cypress Group.
- Headquarter Austin, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$25 M (USD)
in 2 rounds
-
Latest Funding Round
$10 M (USD), Series A
Mar 11, 2008
-
Investors
NORCAL Group
& 2 more
-
Employee Count
Employee Count
-
Acquired by
NORCAL Group
(Jul 29, 2011)
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
Funding Insights of Medicus Insurance
Medicus Insurance has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $10.0M
-
First Round
First Round
(02 Oct 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2008 | Amount | Series A - Medicus Insurance | Valuation |
investors |
|
| Oct, 2006 | Amount | Series A - Medicus Insurance | 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 Medicus Insurance
Medicus Insurance has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include NORCAL Group, CHL Medical Partners and Cypress Group. 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 |
|---|---|---|---|---|
|
Early stage healthcare services investments are facilitated by CHL.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Insurance brokerage services are offered by NORCAL Group.
|
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 Medicus Insurance
| 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 |
Financial Statements - Medicus Insurance
| 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 |
Medicus Insurance Comparisons
Competitors of Medicus Insurance
| 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 Medicus Insurance
When was Medicus Insurance founded?
Medicus Insurance was founded in 2006.
Where is Medicus Insurance located?
Medicus Insurance is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Medicus Insurance a funded company?
Medicus Insurance is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Oct 02, 2006.
What does Medicus Insurance do?
Medicus Insurance was established in 2006 in Austin, United States, within the medical insurance sector. Coverage for professional liability is extended to physicians, health care extenders, medical groups, hospitals, clinics, and facilities. Personalized services are delivered to support healthcare professionals in managing risks and compliance requirements. Operations focus on tailored insurance solutions for the healthcare industry across the region.
Who are Medicus Insurance's investors?
Medicus Insurance has 3 investors. Key investors include NORCAL Group, CHL Medical Partners, and Cypress Group.