About Risk Control Tech
Risk Control Tech is a company based in New York (United States) founded in 2012 was acquired by Duck Creek in October 2024.. The company has 63 employees as of December 31, 2024. Risk Control Tech offers products and services including Loss Control, Claims, Policy, and Billing. Risk Control Tech operates in a competitive market with competitors including Wefox, Zywave, Keystone Agency Partners, Agentero and Iprism, among others.
- Headquarter New York, United States
- Employees 63 as on 31 Dec, 2024
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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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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
Duck Creek
& 1 more
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Employee Count
63
as on Dec 31, 2024
- Acquired by
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Products & Services of Risk Control Tech
Risk Control Tech offers a comprehensive portfolio of products and services, including Loss Control, Claims, Policy, and Billing. 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 streamlining loss control and risk analysis in insurance
Software for efficient handling of insurance claims operations
Tools for managing and automating insurance policy workflows
System for insurance billing and payment processing
Funding Insights of Risk Control Tech
| 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 Risk Control Tech
Risk Control Tech has secured backing from 2 investors. Prominent investors backing the company include Duck Creek and Long Span Technologies. 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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Founded Year | Domain | Location | |
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Cloud-based solutions for property, casualty, and general insurance are provided.
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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 Risk Control Tech
| 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 - Risk Control Tech
| 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 |
Risk Control Tech Comparisons
Competitors of Risk Control Tech
Risk Control Tech 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 Wefox, Zywave, Keystone Agency Partners, Agentero and Iprism, 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 |
App-based P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
Cloud-based agency management solutions are provided for the insurance industry.
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| domain | founded_year | HQ Location |
Insurance agency management solutions are provided to the industry.
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| domain | founded_year | HQ Location |
App-based management solutions for insurance agents are offered.
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| domain | founded_year | HQ Location |
SME insurance portfolios are managed via an online broker platform.
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| domain | founded_year | HQ Location |
Cloud-based management solutions are provided for insurance brokers.
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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 Risk Control Tech
Frequently Asked Questions about Risk Control Tech
When was Risk Control Tech founded?
Risk Control Tech was founded in 2012.
Where is Risk Control Tech located?
Risk Control Tech is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Risk Control Tech?
David Costa is the current CEO of Risk Control Tech.
How many employees does Risk Control Tech have?
As of Dec 31, 2024, the latest employee count at Risk Control Tech is 63.
What does Risk Control Tech do?
Risk Control Tech was founded in 2012 in New York, United States. Software solutions for loss control are developed and supplied to the insurance sector, with emphasis on property and casualty insurers alongside workers compensation insurers. Automation is enabled in account management, work assignments, integration frameworks, business intelligence, and reporting functions. Operations center on streamlining processes for risk management in these insurance domains.
Who are the top competitors of Risk Control Tech?
Risk Control Tech's top competitors include Wefox, Stubben Edge and Agentero.
What products or services does Risk Control Tech offer?
Risk Control Tech offers Loss Control, Claims, Policy, and Billing.
Who are Risk Control Tech's investors?
Risk Control Tech has 2 investors. Key investors include Duck Creek, and Long Span Technologies.
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