About RiskMatch
RiskMatch is a Financial Services company based in Greenwich (United States) founded in 2012, and was acquired by Vertafore in April 2017. Web-based solutions for insurance brokers and underwriters. RiskMatch has raised $3 million across 1 funding round from investors including Vertafore, Lightbank and 8VC. The company was acqui-hired. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Software for Insurance Intermediaries. Its legal entity is RiskMatch Inc. Its competitors include Zywave, Keystone Agency Partners and Sixfold; 1 of its 3 listed competitors has raised funding.
Company details
Riskmatch is a platform that uses data analytics technology to show brokers who is offering the best products and deals. Also, it shows insurers where the best opportunities are in the commercial insurance marketplace .Brokers sign up to the platform and pay a flat fee subscription to access the Platform as a Service. For the carriers they pay based on the business they manage for a specific broker and not on individual transactions.
- Headquarters Greenwich, United States
- Stage Acquired
- SectorsFinancial Services
- Website riskmatch.com
- Social LinkedIn X
- Acquired by Vertafore (Apr 2017)
- Legal Name Riskmatch Inc
Funding Insights of RiskMatch
RiskMatch has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in August 2016. 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 $3M
- Total Rounds 1
- Last Round Seed β $3M
- First Round $3M
(Aug 2016)
- Investors Count 3
All 1 funding rounds of RiskMatch with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in RiskMatch
RiskMatch has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Vertafore, Lightbank and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused seed & early stage VC firm investing primarily in the US | lightbank.com | Chicago, United States | ||
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
Early-stage tech VC investments are made primarily in the US. | wildcat.vc | Portola Valley, United States | ||
Agency and content management solutions for insurance are provided. | 1985 | vertafore.com | Denver, United States |
Investor details for RiskMatch
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of RiskMatch
3 dated milestones of RiskMatch across 5 years, from founding to its latest funding, stage changes and deals.
- Founded RiskMatch is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by Vertafore.
Competitors of RiskMatch
RiskMatch has 3 listed competitors in our database, 1 of them funded. They include Zywave, Keystone Agency Partners and Sixfold.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zywave.com | 1995 | Milwaukee, United States | 679 | Cloud-based agency management solutions are provided for the insurance industry. | ||
| keystoneagencypartners.com | 2020 | Harrisburg, United States | 418 | Insurance agency management solutions are provided to the industry. | ||
| sixfold.ai | 2023 | New York, United States | $21.5M | AI-based generative tools provider for insurance underwriters |
Detailed competitors of RiskMatch
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as RiskMatch (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Frequently Asked Questions about RiskMatch
RiskMatch was founded in 2012 and raised its 1st funding round 4 years after it was founded.
RiskMatch is headquartered in Greenwich, United States. It is registered at Greenwich, Connecticut, United States.
RiskMatch is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on Aug 2016.
Riskmatch is a platform that uses data analytics technology to show brokers who is offering the best products and deals. Also, it shows insurers where the best opportunities are in the commercial insurance marketplace .Brokers sign up to the platform and pay a flat fee subscription to access the Platform as a Service. For the carriers they pay based on the business they manage for a specific broker and not on individual transactions.
RiskMatch's top competitors include Keystone Agency Partners, Zywave and Sixfold.
RiskMatch has 4 investors. Key investors include Vertafore, Lightbank, 8VC, and Wildcat Venture Partners.
RiskMatch operates through Riskmatch Inc.
Yes. RiskMatch was acquired by Vertafore in April 2017.
