About Patriot National
Patriot National is a company based in Fort Lauderdale (United States) founded in 2005 was acquired by Cerberus Capital Management in November 2017.. Patriot National has completed 2 acquisitions, including Mid Atlantic Insurance and Vikaran Solutions. Patriot National operates in a competitive market with competitors including Yuzu Health, NIC Insurance Filings, Well Advised and Ronoco, among others.
- Headquarter Fort Lauderdale, United States
- Stage Public
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Patriot National, Inc.
-
Annual Revenue
$209.72 M79as on Dec 31, 2015
-
Net Profit
$-5.27 M-150as on Dec 31, 2015
-
EBITDA
$14.58 M146as on Dec 31, 2015
-
Latest Funding Round
$80 M (USD), Debt – Conventional
Jan 22, 2015
-
Investors
TCW
& 3 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Mid Atlantic Insurance
& 1 more
- Acquired by
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 Patriot National
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $80.0M
-
First Round
First Round
(07 Jul 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Debt – Conventional - Patriot National | Valuation |
investors |
|
| Jul, 2011 | Amount | Post-IPO - Patriot National | 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 Patriot National
Patriot National has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TCW, Ebix and BMO Harris Bank. 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 |
|---|---|---|---|---|
|
Private equity and debt firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Wealth management services are provided by BMO Harris Bank.
|
Founded Year | Domain | Location | |
|
Equity and fixed income mutual funds are managed by TCW.
|
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 Patriot National
Patriot National has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mid Atlantic Insurance and Vikaran Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online gambling and betting topics are covered by the blog.
|
2009 | ||||
|
Insurance services are provided across various coverage needs.
|
1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Patriot National
| 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 |
Patriot National Comparisons
Competitors of Patriot National
Patriot National 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 Yuzu Health, NIC Insurance Filings, Well Advised and Ronoco, 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 |
Customizable health plans are administered for companies by Yuzu Health.
|
|
| domain | founded_year | HQ Location |
Offers an insurance filing platform for insurers, MGAs, and filing agents.
|
|
| domain | founded_year | HQ Location |
Provides Medicare plan recommendations, provider matching, and document management.
|
|
| domain | founded_year | HQ Location |
Offers an insurance app for managing and tracking policies effectively.
|
| 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 Patriot National
Frequently Asked Questions about Patriot National
When was Patriot National founded?
Patriot National was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Patriot National located?
Patriot National is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
What is the annual revenue of Patriot National?
Annual revenue of Patriot National is $209.72M as on Dec 31, 2015.
What does Patriot National do?
Patriot National was founded in 2005 and is headquartered in Fort Lauderdale, United States. Operations focus on the insurance sector, where technology-enabled outsourcing services are delivered to carriers and employers. These services support administrative functions, claims processing, and compliance needs. The company maintains a presence in the U.S. market, facilitating efficient back-office solutions for clients in the insurance industry.
Who are the top competitors of Patriot National?
Patriot National's top competitors include Yuzu Health, NIC Insurance Filings and Well Advised.
How many acquisitions has Patriot National made?
Patriot National has made 2 acquisitions, including Mid Atlantic Insurance, and Vikaran Solutions.
Who are Patriot National's investors?
Patriot National has 4 investors. Key investors include TCW, Ebix, BMO Harris Bank, and Cerberus Capital Management.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.