About Quotit
Quotit is a company based in Irvine (United States) founded in 2000 was acquired by National General Insurance in January 2017.. Quotit offers products and services including Health Plan Data Access, Professional Quoting Engine, Compare and Enroll, Client-Driven Shopping, and End-to-End CRM. Quotit operates in a competitive market with competitors including Limelight Health, Viveo Health, Flexible Benefit Service Corporation, SunFire and Wired Quote, among others.
- Headquarter Irvine, 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
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- Legal Name Quotit Corporation
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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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Employee Count
Employee Count
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Acquired by
National General Insurance
(Jan 17, 2017)
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Products & Services of Quotit
Quotit offers a comprehensive portfolio of products and services, including Health Plan Data Access, Professional Quoting Engine, Compare and Enroll, Client-Driven Shopping, and End-to-End CRM. 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.
Platform for accessing health plan rates and benefits.
Tool to pull and compare quotes from various carriers.
System for side-by-side plan comparison and online enrollment.
Add-on for clients to shop and enroll in plans independently.
Tool for organizing leads and personalizing client interactions.
Portal to simplify health plan enrollments and reduce paperwork.
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Funding Insights of Quotit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Quotit
Quotit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National General Insurance. 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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Property and casualty insurance is provided by National General Insurance.
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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 Quotit
| 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 - Quotit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Quotit Comparisons
Competitors of Quotit
Quotit 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 Limelight Health, Viveo Health, Flexible Benefit Service Corporation, SunFire and Wired Quote, 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 |
Quote engine solution for health insurance professionals
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| domain | founded_year | HQ Location |
White-label platform for health insurance businesses is provided.
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| domain | founded_year | HQ Location |
Quoting platform for insurance industry
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| domain | founded_year | HQ Location |
Quoting and enrollment solutions are offered to health insurance agents.
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| domain | founded_year | HQ Location |
Platform offering quoting tool for insurance agents
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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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On-demand services are booked through an app-based platform.
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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 Quotit
Frequently Asked Questions about Quotit
When was Quotit founded?
Quotit was founded in 2000.
Where is Quotit located?
Quotit is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
What does Quotit do?
Quotit provides insurance quoting platform for agents, brokers. It offers products like Quotit One which lets agents to sell on-exchange products in the federally facilitated marketplace; Quotit Pro which allows agents to selling off-exchange plans and other lines of insurance; QuotitGO to view rates and subsidy estimates for health insurance.
Who are the top competitors of Quotit?
Quotit's top competitors include Limelight Health, Viveo Health and Flexible Benefit Service Corporation.
What products or services does Quotit offer?
Quotit offers Health Plan Data Access, Professional Quoting Engine, Compare and Enroll, Client-Driven Shopping, and 2 more products and services.
Who are Quotit's investors?
Quotit has 1 investor. Key investors include National General Insurance.
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