About MEMIC
MEMIC is a company based in Portland (United States) founded in 1993.. The company has 470 employees as of December 31, 2021. MEMIC operates in a competitive market with competitors including Omaha National, AMERISAFE, Texas Mutual, EMPLOYERS and NCCI, among others.
- Headquarter Portland, United States
- Employees 470 as on 31 Dec, 2021
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
470
as on Dec 31, 2021
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
Unlock access to complete
Unlock access to complete
Software Development Team
62 people
Leadership Team
25 people
Human Resources and Administration
10 people
Legal and Compliance
9 people
Business Team
7 people
Claim Team
7 people
Senior Team
7 people
Finance and Accounting
6 people
Unlock access to complete
Funding Insights of MEMIC
| 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 |
Investments & Acquisitions by MEMIC
| 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 - MEMIC
| 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 |
Memic Comparisons
Competitors of MEMIC
MEMIC 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 Omaha National, AMERISAFE, Texas Mutual, EMPLOYERS and NCCI, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Workers' compensation insurance is provided by Omaha National.
|
|
| domain | founded_year | HQ Location |
Workers' compensation insurance is provided to employers by AMERISAFE.
|
|
| domain | founded_year | HQ Location |
Offers workers' compensation insurance and safety services for Texas employers.
|
|
| domain | founded_year | HQ Location |
Workers' compensation insurance is provided to U.S. businesses.
|
|
| domain | founded_year | HQ Location |
Provides comprehensive workers' compensation information, tools, and services for businesses.
|
|
| domain | founded_year | HQ Location |
Offers workers' comp coverage, resources, and services for Louisiana businesses and workers.
|
| 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.
|
Latest news on Memic
Frequently Asked Questions about MEMIC
When was MEMIC founded?
MEMIC was founded in 1993.
Where is MEMIC located?
MEMIC is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of MEMIC?
Michael Bourque is the current CEO of MEMIC.
How many employees does MEMIC have?
As of Dec 31, 2021, the latest employee count at MEMIC is 470.
What does MEMIC do?
MEMIC was founded in 1993 and is headquartered in Portland, United States. Workers compensation coverage is offered to employers in the insurance sector, with operations centered on risk management and workplace safety. Services include injury reporting, premium billing, and access to safety resources. Claims are managed to support injury prevention, while assistance is extended to affected employees through structured processes.
Who are the top competitors of MEMIC?
MEMIC's top competitors include Omaha National, AMERISAFE and EMPLOYERS.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.