About Sedgwick
Sedgwick is a company based in Memphis (United States) founded in 1969 was acquired by The Carlyle Group in September 2018.. Sedgwick has raised $2.63 million across 5 funding rounds from investors including Fidelity National Financial, KKR and The Carlyle Group. Sedgwick has completed 22 acquisitions, including - Vericlaim, Absentys and Adasw. Sedgwick offers products and services including Claims Administration, Property Restoration, Brand Protection, and Risk and Recovery. Sedgwick operates in a competitive market with competitors including Encompass, Moody's Analytics, Munich Re, iManage and Shift Technology, among others.
- Headquarter Memphis, United States
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Sectors
Financial ServicesTechnology
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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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Total Equity Funding
$2.63 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Fidelity National Financial
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
- Vericlaim
& 21 more
- Acquired by
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Products & Services of Sedgwick
Sedgwick offers a comprehensive portfolio of products and services, including Claims Administration, Property Restoration, Brand Protection, and Risk and Recovery. 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.
Handles liability and workers' compensation claims for businesses.
Provides repair and mitigation services for commercial properties.
Manages product recalls and fraud investigations for brands.
Offers loss prevention and subrogation services to clients.
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Leadership Team
56 people
Software Development Team
20 people
Sales and Marketing
19 people
Claims Team
15 people
Data Analysis and Operations Team
12 people
Operations Team
11 people
Senior Team
11 people
Finance and Accounting
10 people
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Funding Insights of Sedgwick
Sedgwick has successfully raised a total of $2.63M across 5 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 5
- Last Round Last Round
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First Round
First Round
(12 May 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Private Equity Round - Sedgwick | Valuation | Altas , The Carlyle Group |
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| Jul, 2019 | Amount | Debt – Conventional - Sedgwick | Valuation |
investors |
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| Dec, 2018 | Amount | Debt – Conventional - Sedgwick | 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 Sedgwick
Sedgwick has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity National Financial, KKR and The Carlyle 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 |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Private equity firm investing in global financial services sectors.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward traditional industries.
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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 Sedgwick
Sedgwick has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include - Vericlaim, Absentys and Adasw. 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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Provides real estate document filing services
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2016 | ||||
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Provider of legal administration services for complex class action and mass tort cases
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2016 | ||||
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Provider of insurance claim processing services
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Sedgwick
| 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 |
Sedgwick Comparisons
Competitors of Sedgwick
Sedgwick 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 Encompass, Moody's Analytics, Munich Re, iManage and Shift Technology, 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 |
Corporate Digital Identity and KYC solutions are provided by Encompass.
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| domain | founded_year | HQ Location |
Risk management software is supplied for insurance and various sectors.
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| domain | founded_year | HQ Location |
Platform offering insurance risk management solutions
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| domain | founded_year | HQ Location |
Cloud-based document and risk management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Provider of AI solutions for insurance underwriting, claims, and risk
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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 Sedgwick
Frequently Asked Questions about Sedgwick
When was Sedgwick founded?
Sedgwick was founded in 1969 and raised its 1st funding round 46 years after it was founded.
Where is Sedgwick located?
Sedgwick is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.
Who is the current CEO of Sedgwick?
Diego Ascani is the current CEO of Sedgwick.
Is Sedgwick a funded company?
Sedgwick is a funded company, having raised a total of $2.63M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.61B, raised on May 12, 2015.
What does Sedgwick do?
Sedgwick was founded in 1969 and is headquartered in Memphis, United States. Operations focus on the insurance and risk management sector, where claims administration, loss adjusting, and benefits management services are delivered. Workers compensation, liability, and auto claims are handled, alongside absence management, disability support, and unemployment compensation. Product recall and incident response services are extended across multiple industries.
Who are the top competitors of Sedgwick?
Sedgwick's top competitors include Encompass, Shift Technology and Riskonnect.
What products or services does Sedgwick offer?
Sedgwick offers Claims Administration, Property Restoration, Brand Protection, and Risk and Recovery.
How many acquisitions has Sedgwick made?
Sedgwick has made 22 acquisitions, including - Vericlaim, Absentys, and Adasw.
Who are Sedgwick's investors?
Sedgwick has 8 investors. Key investors include Fidelity National Financial, KKR, The Carlyle Group, Evercore, and Thomas H Lee Partners.
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