About Pavonia Life Insurance
Pavonia Life Insurance is a company based in Durham (United States) founded in 1992 was acquired by Axar Capital Management in September 2022.. Pavonia Life Insurance offers products and services including Term Life Insurance and Whole Life Insurance. Pavonia Life Insurance operates in a competitive market with competitors including AIA Group, John Hancock, Nassau Financial Group, Western & Southern Financial Group and Globe Life And Accident Insurance, among others.
- Headquarter Durham, 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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- Legal Name Pavonia Life Insurance Company Of Michigan
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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
Axar Capital Management
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Pavonia Life Insurance
Pavonia Life Insurance offers a comprehensive portfolio of products and services, including Term Life Insurance and Whole Life Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides coverage for a specified term with a death benefit option.
Offers lifelong coverage with cash value accumulation features.
Funding Insights of Pavonia Life 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 Pavonia Life Insurance
Pavonia Life Insurance has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Axar Capital Management and Aquarian. 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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Aquarian is recognized as a diversified global holding company.
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Multi-asset and multi-strategy investments are managed through hedge fund operations.
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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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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 Pavonia Life 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 - Pavonia Life 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 |
Pavonia Life Insurance Comparisons
Competitors of Pavonia Life Insurance
Pavonia Life Insurance 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 AIA Group, John Hancock, Nassau Financial Group, Western & Southern Financial Group and Globe Life And Accident Insurance, 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 |
Life insurance and related services are offered across Asia-Pacific markets.
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Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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| domain | founded_year | HQ Location |
Diversified insurance brokerage services are provided from Hartford.
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| domain | founded_year | HQ Location |
Life insurance, investments, and retirement solutions are provided to clients.
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| domain | founded_year | HQ Location |
Life and accident insurance policies are provided by the company.
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| domain | founded_year | HQ Location |
Life insurance company
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Pavonia Life Insurance
Frequently Asked Questions about Pavonia Life Insurance
When was Pavonia Life Insurance founded?
Pavonia Life Insurance was founded in 1992.
Where is Pavonia Life Insurance located?
Pavonia Life Insurance is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
What does Pavonia Life Insurance do?
Pavonia Life Insurance was established in 1992 and is based in Durham, United States. Operations are centered on the insurance sector, where life insurance policies are underwritten and distributed to policyholders. Coverage options are provided for various needs, with administrative functions handled domestically. The company maintains its domain at pavonia-life.com for client interactions and policy management. Focus remains on standard life insurance practices without additional financial products.
Who are the top competitors of Pavonia Life Insurance?
Pavonia Life Insurance's top competitors include AIA Group, Brighthouse Financial and Globe Life And Accident Insurance.
What products or services does Pavonia Life Insurance offer?
Pavonia Life Insurance offers Term Life Insurance and Whole Life Insurance.
Who are Pavonia Life Insurance's investors?
Pavonia Life Insurance has 2 investors. Key investors include Axar Capital Management, and Aquarian.