About Sirma InsurTech
Sirma InsurTech is a company based in Sofia (Bulgaria) founded in 2002 was acquired by Sirma Group in June 2022. It operates as a SaaS (Software-as-a-Service), and Professional Services. Sirma InsurTech offers products and services including Sirma InSuite and Sirma Broker. Sirma InsurTech operates in a competitive market with competitors including UST, NTT DATA, Persistent, Endava and Xebia, among others.
- Headquarter Sofia, Bulgaria
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Sirma Group Jsc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Sirma Group
(Jun 06, 2022)
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Products & Services of Sirma InsurTech
Sirma InsurTech offers a comprehensive portfolio of products and services, including Sirma InSuite and Sirma Broker. 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.
A scalable platform for core insurance operations integration.
An intuitive platform designed for seamless brokerage operations.
Funding Insights of Sirma InsurTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sirma InsurTech
Sirma InsurTech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sirma 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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Software solutions and services are provided across multiple 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Sirma InsurTech
| 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 |
Financial Statements - Sirma InsurTech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sirma Insurtech Comparisons
Competitors of Sirma InsurTech
Sirma InsurTech 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 UST, NTT DATA, Persistent, Endava and Xebia, 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 |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT consulting, data analytics, and digital transformation services are provided.
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Endava is engaged in digital transformation and AI-driven solutions.
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IT consulting and digital transformation services are provided globally.
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IT suite solutions and consulting services are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sirma InsurTech
When was Sirma InsurTech founded?
Sirma InsurTech was founded in 2002.
Where is Sirma InsurTech located?
Sirma InsurTech is headquartered in Sofia, Bulgaria.
Who is the current CEO of Sirma InsurTech?
Julian Masliankov is the current CEO of Sirma InsurTech.
What does Sirma InsurTech do?
Insurance software solutions and IT consulting services are offered by Sirma InsurTech. The company focuses on the insurance sector, providing innovative platforms like Sirma InSuite and Sirma Broker to bridge legacy systems with modern applications. Business and technology innovations are facilitated through over 20 years of expertise. IT architecture deployment and regulatory compliance are supported through consulting. Additionally, business software implementation is advised to integrate systems and manage content effectively.
Who are the top competitors of Sirma InsurTech?
Sirma InsurTech's top competitors include Persistent, NTT DATA and Endava.
What products or services does Sirma InsurTech offer?
Sirma InsurTech offers Sirma InSuite and Sirma Broker.
Who are Sirma InsurTech's investors?
Sirma InsurTech has 1 investor. Key investors include Sirma Group.
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