About Snapsheet
Snapsheet is a company based in Chicago (United States) founded in 2011 by Brad Weisberg. Snapsheet has raised $103.27 million across 8 funding rounds from investors including Sedgwick, State Farm and Nationwide. Snapsheet offers products and services including Appraisals, Claims, Payments, and Total Loss. Snapsheet operates in a competitive market with competitors including Boundless Rider, Solera, Claim Genius, Tempcover and Surround Insurance, among others.
- Headquarter Chicago, United States
- Founders Brad Weisberg
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Sectors
Financial 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 Bodyshopbids, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$103.27 M (USD)
in 8 rounds
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Latest Funding Round
$5 M (USD), Series E
Jul 19, 2023
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Investors
Sedgwick
& 15 more
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Employee Count
Not available
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Products & Services of Snapsheet
Snapsheet offers a comprehensive portfolio of products and services, including Appraisals, Claims, Payments, and Total Loss.
Software to reduce cycle time and improve accuracy for auto claims.
Modular solutions to simplify end-to-end insurance claims handling.
Tools for effortless automated payments in insurance workflows.
Streamlines total loss vehicle claims from start to finish.
People of Snapsheet
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Funding Insights of Snapsheet
Snapsheet has successfully raised a total of $103.27M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $5 million completed in July 2023. 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.
Investors in Snapsheet
Snapsheet has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include Sedgwick, State Farm and Nationwide.
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Investment in retail and financial services technologies.
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Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
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Investor details for Snapsheet
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Snapsheet
Investment portfolio details for Snapsheet
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Financial Statements - Snapsheet
Detailed financials for Snapsheet
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Snapsheet Comparisons
Peer comparison for Snapsheet
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Competitors of Snapsheet
Snapsheet 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 Boundless Rider, Solera, Claim Genius, Tempcover and Surround Insurance, among others.
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Two-wheeler insurance products are provided via an online platform.
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Integrated automotive software solutions are provided for enhanced efficiency.
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AI-based claims management is delivered for auto insurance.
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Short-term auto insurance is distributed via an online platform.
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Auto insurance solutions are delivered via a cloud-based platform.
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Detailed competitors of Snapsheet
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Latest news on Snapsheet
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Frequently Asked Questions about Snapsheet
Snapsheet was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Snapsheet is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Brad Weisberg is the current CEO of Snapsheet. They have also founded this company.
Snapsheet is a funded company, having raised a total of $103.27M across 8 funding rounds to date.
Snapsheet was founded in 2011 in Chicago, United States, within the insurtech sector. Cloud-based software is utilized for managing auto insurance claims, encompassing pre- and post-claim processes, underwriting, tracking, validation, auditing, and expense management. AI-driven tools are provided for appraisals, transactions, rental and asset management, alongside a platform for software integration. A digital payment solution is also included for claims disbursements.
Snapsheet's top competitors include Solera, Tempcover and Claim Genius.
Snapsheet offers Appraisals, Claims, Payments, and Total Loss.
Snapsheet has 16 investors. Key investors include Sedgwick, State Farm, Nationwide, Intact Ventures, and Ping An.