About Sirius Group
Sirius Group is a company based in Stockholm (Sweden) founded in 1945 was acquired by CMIG in April 2016.. Sirius Group has raised $226.12 million across 3 funding rounds from investors including CMIG. Sirius Group has completed 3 acquisitions, including ArmadaGlobal, Easterly Acquisition and International Medical Group. Sirius Group operates in a competitive market with competitors including RenaissanceRe, Resolution Life Group, China Re, Ariel Re and Peak Re, among others.
- Headquarter Stockholm, Sweden
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$1.72 B18as on Dec 31, 2019
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Net Profit
$-45.6 M-173as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$226.12 M (USD)
in 3 rounds
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Latest Funding Round
$226.12 M (USD), Series D
Nov 05, 2018
- Investors
-
Employee Count
Employee Count
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Investments & Acquisitions
ArmadaGlobal
& 2 more
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Acquired by
CMIG
(Apr 18, 2016)
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Leadership Team
17 people
Software Development Team
15 people
Human Resources and Administration
9 people
Finance and Accounting
8 people
Legal and Compliance
7 people
Operations Team
3 people
Senior Team
3 people
Sales and Marketing
2 people
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Funding Insights of Sirius Group
Sirius Group has successfully raised a total of $226.12M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $226.12 million completed in November 2018. 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 3
- Last Round Series D — $226.1M
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First Round
First Round
(27 Oct 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series D - Sirius Group | Valuation |
investors |
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| Feb, 2018 | Amount | Debt – Conventional - Sirius Group | Valuation |
investors |
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| Oct, 2016 | Amount | Debt – Conventional - Sirius Group | 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sirius Group
Sirius Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CMIG. 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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Global investments are managed in new energy and asset sectors.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Sirius Group
Sirius Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ArmadaGlobal, Easterly Acquisition and International Medical Group. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
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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Diversified asset management services are offered by the firm.
|
2009 | ||||
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Health consultancy services are provided to various clients internationally.
|
2004 | ||||
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Online travel insurance provider
|
1990 |
| 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
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Sirius 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 |
Sirius Group Comparisons
Competitors of Sirius Group
Sirius Group 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 RenaissanceRe, Resolution Life Group, China Re, Ariel Re and Peak Re, 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 |
Casualty and specialty reinsurance
|
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| domain | founded_year | HQ Location |
Provider of acquisition and management insurance policies
|
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| domain | founded_year | HQ Location |
Reinsurance company
|
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| domain | founded_year | HQ Location |
Reinsurance services are provided to insurers by Ariel Re.
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| domain | founded_year | HQ Location |
Reinsurance solutions for life, health, property, and casualty are offered.
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| domain | founded_year | HQ Location |
Cloud cost management and optimization tools are provided by Vantage.
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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 Sirius Group
Frequently Asked Questions about Sirius Group
When was Sirius Group founded?
Sirius Group was founded in 1945 and raised its 1st funding round 71 years after it was founded.
Where is Sirius Group located?
Sirius Group is headquartered in Stockholm, Sweden.
Is Sirius Group a funded company?
Sirius Group is a funded company, having raised a total of $226.12M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $400M, raised on Oct 27, 2016.
What is the annual revenue of Sirius Group?
Annual revenue of Sirius Group is $1.72B as on Dec 31, 2019.
What does Sirius Group do?
Sirius International Insurance Group was established in 1945 in Stockholm, Sweden. Operations focus on the insurance and reinsurance sector, where products covering property, casualty, health, accident, environmental, and business risks are provided. Services extend to both direct insurance and reinsurance arrangements, supporting clients across various geographies with tailored risk management solutions in a regulated industry environment.
Who are the top competitors of Sirius Group?
Sirius Group's top competitors include China Re, Resolution Life Group and RenaissanceRe.
How many acquisitions has Sirius Group made?
Sirius Group has made 3 acquisitions, including ArmadaGlobal, Easterly Acquisition, and International Medical Group.
Who are Sirius Group's investors?
Sirius Group has 1 investor. Key investors include CMIG.
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