Safekeep

New York, United States Founded: 2000 • Age: 26 yrs Acquired By CCC
AI-based solutions for claims management and recovery are provided.

About Safekeep

Safekeep is a company based in New York (United States) founded in 2000 by Tom Korach was acquired by CCC in February 2022. Safekeep offers products and services including Estimating Tools, Repair Management, Consumer Engagement, Shop Management, and Parts Ordering. Safekeep operates in a competitive market with competitors including Scoperite and FileIns, among others.

  • Headquarter New York, United States
  • Founders Tom Korach
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website safekeep.com
  • Social LinkedIn X
  • Acquired by CCC (Feb 2022)
  • Legal Name Ccc Intelligent Solutions Inc
Key Metrics

Products & Services of Safekeep

Safekeep offers a comprehensive portfolio of products and services, including Estimating Tools, Repair Management, Consumer Engagement, Shop Management, and Parts Ordering.

Estimating Tools
Software

Enables faster estimate writing for collision repair shops.

Repair Management
Software

Improves planning and consistency in automotive repair processes.

Consumer Engagement
Platform

Facilitates website building and customer appointment management.

Shop Management
Software

Streamlines estimating, invoicing, and error reduction in shops.

Parts Ordering
Platform

Provides access to suppliers for quick automotive parts procurement.

Payments Solutions
Software

Simplifies inbound payments and insurance transaction processing.

Funding Insights of Safekeep

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Safekeep with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020–Unspecified–Impression Ventures
–
Valuation history

2 investors in total: 2 institutional.

Investors in Safekeep

Safekeep has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include CCC Intelligent Solutions and Impression Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Investments are directed by Impression Ventures toward fintech startups.
–impression.venturesToronto, Canada
Technology solutions are provided for the P&C insurance and collision repair industry by CCC Intelligent Solutions.
1980cccis.comChicago, United States
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Investor details for Safekeep

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  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Safekeep

2 people are tracked at Safekeep (2 in leadership).

NameRoleGroup
Tom Korach
Co-FounderLeadership
Jeff To
CEOLeadership
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Complete people profiles for Safekeep

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Safekeep

3 dated milestones of Safekeep across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Safekeep is founded.
  2. Funding First funding round.
  3. Exit Acquired by CCC.

Competitors of Safekeep

Safekeep 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 Scoperite and FileIns, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
scoperite.com2016United States––
Functions as software for insurance claims restoration.
fileins.com2012Richmond Hill, Canada––
Delivers software solutions for insurance claims.
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Detailed competitors of Safekeep

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Latest news on Safekeep

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Complete news archive for Safekeep

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to Safekeep

10 companies that operate in the same segment as Safekeep (Insurance Technology & Support Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United States–USD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M––
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M––
Satellite-based imaging solutions are provided using synthetic aperture radar.
2016Palo Alto, California, United StatesUSD 233.99 M–191
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 M––
AI and microsatellite-based imaging solutions are developed for data monitoring.
2014Espoo, FinlandUSD 1.16 B––
Software suite for insurance distribution and management is provided.
2014New York, New York, United StatesUSD 354.55 MUSD 21.6 K–
AI-enabled driver monitoring and fleet safety management solutions
2015Palo Alto, California, United StatesUSD 182.84 M––
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Frequently Asked Questions about Safekeep

Safekeep was founded in 2000 and raised its 1st funding round 20 years after it was founded.

Safekeep is headquartered in New York, United States. It is registered at New York, New York, United States.

Jeff To is the current CEO of Safekeep.

Safekeep was founded in 2000 and is based in New York, United States. Operations focus on the insurance and recovery sector, where AI-based tools are utilized for claims management. Cloud-based services include handling of claims data, notes, police reports, and medical reports. Recovery detection features and workflow management for claims are also supported, aiding efficient processing across various recovery scenarios.

Safekeep's top competitors include Scoperite and FileIns.

Safekeep offers Estimating Tools, Repair Management, Consumer Engagement, Shop Management, and 2 more products and services.

Safekeep has 2 investors. Key investors include CCC Intelligent Solutions, and Impression Ventures.

Safekeep operates through Ccc Intelligent Solutions Inc.

Yes. Safekeep was acquired by CCC in February 2022.

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