About RiskGenius
RiskGenius is a company based in Overland Park (United States) founded in 2016 was acquired by Bold Penguin in October 2020.. RiskGenius has raised $6.73 million across 4 funding rounds from investors including Bold Penguin, Hearst and QBE Group. The company has 27 employees as of December 31, 2019. RiskGenius operates in a competitive market with competitors including Get Covered, Unirisx, The four-leaf clover, Insurance Systems and Maximum Processing, among others.
- Headquarter Overland Park, United States
- Employees 27 as on 31 Dec, 2019
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Claimkit, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.73 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
Bold Penguin
& 5 more
-
Employee Count
27
as on Dec 31, 2019
-
Acquired by
Bold Penguin
(Oct 06, 2020)
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 RiskGenius
RiskGenius has successfully raised a total of $6.73M across 4 strategic funding rounds. 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 4
- Last Round Last Round
-
First Round
First Round
(11 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series B - RiskGenius | Valuation | Hudson Structured | |
| Jun, 2019 | Amount | Series A - RiskGenius | Valuation | FM Global |
|
| Oct, 2017 | Amount | Series A - RiskGenius | Valuation | QBE Group |
| 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 RiskGenius
RiskGenius has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Bold Penguin, Hearst and QBE Group. 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 |
|---|---|---|---|---|
|
Stage agnostic venture capital firm backed by fund of funds
|
Founded Year | Domain | Location | |
|
Hudson Structured Capital Management is engaged in investment across insurance and transportation sectors.
|
Founded Year | Domain | Location | |
|
-
|
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 RiskGenius
| 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 |
Financial Statements - RiskGenius
| 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 |
Riskgenius Comparisons
Competitors of RiskGenius
RiskGenius 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 Get Covered, Unirisx, The four-leaf clover, Insurance Systems and Maximum Processing, 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 |
Policy administration solutions are offered for property insurance.
|
|
| domain | founded_year | HQ Location |
Provides SaaS-based administration solutions for property and casualty insurance providers.
|
|
| domain | founded_year | HQ Location |
Car insurance service platform
|
|
| domain | founded_year | HQ Location |
Web-based software solutions are provided to P&C insurance carriers.
|
|
| domain | founded_year | HQ Location |
Policy administration and claims processing software for insurers is provided.
|
| 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 Riskgenius
Frequently Asked Questions about RiskGenius
When was RiskGenius founded?
RiskGenius was founded in 2016.
Where is RiskGenius located?
RiskGenius is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.
Is RiskGenius a funded company?
RiskGenius is a funded company, having raised a total of $6.73M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.95M, raised on Jan 11, 2016.
How many employees does RiskGenius have?
As of Dec 31, 2019, the latest employee count at RiskGenius is 27.
What does RiskGenius do?
RiskGenius was founded in 2016 and is based in Overland Park, United States. Operations focus on the insurance sector, where a machine learning platform is employed to examine commercial property and casualty policies. Clauses are identified and categorized according to standard industry terms. Assistance is provided to insurers for policy comparisons during renewals and for detecting coverage deficiencies.
Who are the top competitors of RiskGenius?
RiskGenius's top competitors include Insurance Systems, Get Covered and Maximum Processing.
Who are RiskGenius's investors?
RiskGenius has 6 investors. Key investors include Bold Penguin, Hearst, QBE Group, Flyover Capital, and Hudson Structured Capital Management.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.