Sircon

Founded: 1997 • Age: 29 yrs Acquired By Vertafore
Insurance licensing and compliance are automated via SaaS platform.
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About Sircon

Sircon is a company founded in 1997 was acquired by Vertafore in June 2008.. Sircon offers products and services including Compliance Dashboard and License Renewal Service. Sircon operates in a competitive market with competitors including Symphony, Wolters Kluwer, FiscalNote, EXIGER and AgentSync, among others.

  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sircon Corporation
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Vertafore

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Vertafore

    (Jun 13, 2008)

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Products & Services of Sircon

Sircon offers a comprehensive portfolio of products and services, including Compliance Dashboard and License Renewal Service. 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.

Primary

Tool for tracking insurance credentials and managing renewals.

Automates reminders and processing for agent license renewals.

Funding Insights of Sircon

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2000 Amount Unspecified - Sircon Valuation

investors

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 Sircon

Sircon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Vertafore and Blue Chip Venture. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Late-stage investments in US tech companies are targeted.
Founded Year Domain Location
Agency and content management solutions for insurance are provided.
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 Sircon

Investments
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 - Sircon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Sircon Comparisons

Employees
+
Add Comparison
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Competitors of Sircon

Sircon 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 Symphony, Wolters Kluwer, FiscalNote, EXIGER and AgentSync, 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
Compliance management solutions for financial institutions
domain founded_year HQ Location
Enterprise legal processes are managed via an AI-powered platform.
domain founded_year HQ Location
AI-driven legal, regulatory, and policy data analysis is delivered.
domain founded_year HQ Location
Third-party risks and supply chains are managed via AI platform.
domain founded_year HQ Location
Regulatory reporting software for insurance compliance is provided.
domain founded_year HQ Location
Compliance workflows for businesses are streamlined by Eq s platform.
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 Sircon

Frequently Asked Questions about Sircon

When was Sircon founded?

Sircon was founded in 1997 and raised its 1st funding round 3 years after it was founded.

What does Sircon do?

Sircon was founded in 1997 to deliver a SaaS platform focused on the insurance sector. Licensing, recruiting, contracting, regulatory compliance, education tracking, and producer management are handled for carriers, agencies, brokers, producers, and state regulators. Manual compliance processes are digitized to reduce paperwork, with operations centered on essential industry services.

Who are the top competitors of Sircon?

Sircon's top competitors include Symphony, Behavox and EXIGER.

What products or services does Sircon offer?

Sircon offers Compliance Dashboard and License Renewal Service.

Who are Sircon's investors?

Sircon has 2 investors. Key investors include Vertafore, and Blue Chip Venture.

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