About Mid Atlantic Insurance
Mid Atlantic Insurance was established in 1996 and is based in Richmond, United States. Operations are centered on the insurance sector, where policies for personal and commercial risks are underwritten and managed. Services include property, casualty, and liability coverage, with claims processing handled through a network of regional agents. The companys domain, midatlanticins.com, supports client interactions and policy administration in the Mid-Atlantic area.
- Headquarter Richmond, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Novatae Risk Group
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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
World Insurance
& 1 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Mid Atlantic Insurance
| 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 |
Investors in Mid Atlantic Insurance
Mid Atlantic Insurance has secured backing from 2 investors. Prominent investors backing the company include World Insurance and Patriot National. 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 |
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Technology-enabled outsourcing services are provided to insurance carriers and employers.
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Founded Year | Domain | Location | |
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Diversified insurance solutions are provided for personal and commercial needs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mid Atlantic Insurance
| 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 - Mid Atlantic Insurance
| 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 |
Mid Atlantic Insurance Comparisons
Competitors of Mid Atlantic Insurance
| 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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Frequently Asked Questions about Mid Atlantic Insurance
When was Mid Atlantic Insurance founded?
Mid Atlantic Insurance was founded in 1996.
Where is Mid Atlantic Insurance located?
Mid Atlantic Insurance is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
What does Mid Atlantic Insurance do?
Mid Atlantic Insurance was established in 1996 and is based in Richmond, United States. Operations are centered on the insurance sector, where policies for personal and commercial risks are underwritten and managed. Services include property, casualty, and liability coverage, with claims processing handled through a network of regional agents. The companys domain, midatlanticins.com, supports client interactions and policy administration in the Mid-Atlantic area.
Who are Mid Atlantic Insurance's investors?
Mid Atlantic Insurance has 2 investors. Key investors include World Insurance, and Patriot National.