About ReSource Pro
ReSource Pro is a company based in New York (United States) founded in 2003 was acquired by Kelso & Company in December 2021.. ReSource Pro has raised $87.37 million across 1 funding round from investors including DFW Capital Partners and Kelso & Company. ReSource Pro has completed 9 acquisitions, including Helix Agency Services, Lowry & Associates and MIS Insurance Services. ReSource Pro offers products and services including Managed Services, Consulting, Staff Augmentation, and System Optimization. ReSource Pro operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, Keylane and eBaoTech, among others.
- Headquarter New York, 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 Resource Pro Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$87.37 M (USD)
in 1 rounds
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Latest Funding Round
$87.37 M (USD), Series C
Apr 11, 2018
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Investors
DFW Capital Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Helix Agency Services
& 8 more
- Acquired by
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Products & Services of ReSource Pro
ReSource Pro offers a comprehensive portfolio of products and services, including Managed Services, Consulting, Staff Augmentation, and System Optimization. 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 processing and support to enhance insurance operations efficiency.
Offers advice on digital transformation and business strategies for insurers.
Extends teams with onshore and offshore experts for insurance tasks.
Automates and integrates systems to improve insurance data management.
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Software Development Team
36 people
Leadership Team
26 people
Human Resources and Administration
13 people
Operations Team
12 people
Assistant Team
11 people
Sales and Marketing
9 people
Senior Team
8 people
Service Team
6 people
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Funding Insights of ReSource Pro
ReSource Pro has successfully raised a total of $87.37M through 1 strategic funding round. The most recent funding activity was a Series C round of $87.37 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $87.4M
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First Round
First Round
(11 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series C - ReSource Pro | Valuation |
investors |
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| 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 ReSource Pro
ReSource Pro has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DFW Capital Partners and Kelso & Company. 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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Growth-driven investments are made in middle-market service companies.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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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 ReSource Pro
ReSource Pro has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Helix Agency Services, Lowry & Associates and MIS Insurance Services. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Managed and professional services are provided for independent insurance agencies.
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2016 | ||||
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Insurance-related information is provided by Spot On Insurance.
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2015 | ||||
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Insurance risk management training services are provided to professionals.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ReSource Pro
| 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 |
Resource Pro Comparisons
Competitors of ReSource Pro
ReSource Pro 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 Riskcovry, Socotra, FintechOS, Keylane and eBaoTech, 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 |
A platform for digital insurance distribution and management is provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
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| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
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| domain | founded_year | HQ Location |
Cloud-based life and non-life insurance platform for the insurance and pension industry
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| domain | founded_year | HQ Location |
Cloud-based insurance software suites are developed for insurers and partners.
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| 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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Latest news on Resource Pro
Frequently Asked Questions about ReSource Pro
When was ReSource Pro founded?
ReSource Pro was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is ReSource Pro located?
ReSource Pro is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of ReSource Pro?
Dan Epstein is the current CEO of ReSource Pro.
Is ReSource Pro a funded company?
ReSource Pro is a funded company, having raised a total of $87.37M across 1 funding round to date. The company's 1st funding round was a Series C of $87.37M, raised on Apr 11, 2018.
What does ReSource Pro do?
ReSource Pro was founded in 2003 and is headquartered in New York, United States. Operations focus on the insurance sector, where a platform is offered for policy origination, servicing, claims handling, renewals, and accounting. Additional services include analytics tools, strategic advisory support, and talent development programs to assist insurance professionals.
Who are the top competitors of ReSource Pro?
What products or services does ReSource Pro offer?
ReSource Pro offers Managed Services, Consulting, Staff Augmentation, and System Optimization.
How many acquisitions has ReSource Pro made?
ReSource Pro has made 9 acquisitions, including Helix Agency Services, Lowry & Associates, and MIS Insurance Services.
Who are ReSource Pro's investors?
ReSource Pro has 2 investors. Key investors include DFW Capital Partners, and Kelso & Company.
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