About Snapsheet
Snapsheet is a Financial Services company based in Chicago (United States) founded in 2011 by Brad Weisberg. Cloud-based software is offered for auto insurance claim management. Snapsheet has raised $103.27 million across 8 funding rounds from investors including Sedgwick, State Farm and Nationwide. Its chief executive, as recorded, is Brad Weisberg. Its website snapsheetclaims.com draws about 12 thousand monthly visits. Snapsheet offers products and services including Appraisals, Claims, Payments, and Total Loss. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Claims Processing. Its legal entity is BODYSHOPBIDS, INC. Its competitors include Boundless Rider, Solera and Claim Genius; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$103.27M (USD)
in 8 rounds
- Latest Funding Round$5M (USD), Series E
Jul 2023
- InvestorsSedgwick
& 15 more
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.
Apps and channels of Snapsheet
its YouTube channel Snapsheet Official has 130 subscribers and 30 videos.
Videos from Snapsheet
The most watched videos on Snapsheet's YouTube channel, Snapsheet Official (130 subscribers). Click a video to play it here.
More on Snapsheet Official.
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.
- Total Funding $103.27M
- Total Rounds 8
- Last Round Series E — $5M
- First Round $7.27M
(Aug 2013)
- Investors Count 16
All 8 funding rounds of Snapsheet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $5M | Series E | – | State Farm | – |
| Mar 2021 | $30M | Series E | – | Ping An, Pivot Investment Partners | |
| May 2019 | $29M | Series E | – | Tola Capital | |
| Jun 2017 | $12M | Series D | – | Tola Capital | – |
| Mar 2017 | Series C | – | Plug and Play Tech Center | – | |
| Oct 2016 | $20M | Series C | – | F-Prime Capital, IA Capital Group | |
| Jan 2015 | $2.25M | Debt – Conventional | – | – | – |
| Aug 2013 | $7.27M | Series A | – | – | – |
16 investors in total: 16 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in FinTech sectors by the firm. | pivotinvestment.com | New York, United States | ||
Investment in retail and financial services technologies. | commerce.vc | |||
Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe | tolacapital.com | Seattle, United States | ||
Investments in life sciences, technology, healthtech, and crypto sectors from global locations. | fprimecapital.com | |||
Early-stage startups are targeted for investment by State Auto Labs. | stateautolabs.com | Columbus, United States | ||
Seed and early-stage US venture capital investments are managed. | ocaventures.com | Chicago, United States | ||
Early-stage investments are directed toward fintech, insurtech, and AI startups. | usaacorpdev.com | San Antonio, United States | ||
Early-stage investments are made in insurance technology by this firm. | lmstrategicventures.com | Boston, United States | ||
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Venture capital firm focused on tech startups | iacapgroup.com | New York, United States |
Investor details for Snapsheet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Snapsheet
81 people are tracked at Snapsheet (19 in leadership, 6 in board & advisors, 56 in team).
| Name | Role | Group |
|---|---|---|
Brad Weisberg | Co-Founder & CEO | Leadership |
Andy Cohen | President | Leadership |
Ryan Staudt | CTO | Leadership |
Daniel Pasquarelli | Director Of Total Loss | Leadership |
Sue Sell | Chief Financial Officer | Leadership |
Eric Waldinger | Chief Revenue Officer (cro) | Leadership |
Dan Colomb | COO | Leadership |
Kaylene Walter | Director Of Appraisal Services | Leadership |
Nathan Gonzalez | Director Of Engineering | Leadership |
Abhishek Kumar | Director Of Engineering | Leadership |
Tim Lackie | VP Finance, Corporate Controller | Leadership |
Sean Gergets | Director Of Account Management | Leadership |
Bryan Quasthoff | Vice President, Partnerships & Corporate Enablement | Leadership |
Mark Santefort | Vice President Of Operations | Leadership |
Santiago Herrera | Director Of Software | Leadership |
Jonathan Amir | Vice President Of Sale & Strategic Accounts | Leadership |
Andy Cooper | Director Of Estimating | Leadership |
Doug Evans | Senior Director Of Appraisal Operations | Leadership |
Alex Meisner | Director Of Innovation | Leadership |
Michael Smith | Board Member | Board & advisors |
61 more people are available in the full profile.
Complete people profiles for Snapsheet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Snapsheet
3 dated milestones of Snapsheet across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Snapsheet is founded.
- Funding First funding round of $7.3M.
- Funding Latest funding round, Series E, of $5.0M.
Competitors of Snapsheet
Snapsheet has 3 listed competitors in our database, 2 of them funded. They include Boundless Rider, Solera and Claim Genius.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| boundlessrider.com | 2021 | Medford, United States | $11M | Two-wheeler insurance products are provided via an online platform. | ||
| solera.com | 2006 | Dallas, United States | 2,477 | Integrated automotive software solutions are provided for enhanced efficiency. | ||
| claimgenius.com | 2017 | Iselin, United States | $10.55M | 112 | AI-based claims management is delivered for auto insurance. |
Detailed competitors of Snapsheet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Web traffic of Snapsheet
The website of Snapsheet (snapsheetclaims.com) receives about 12.4K visits a month and ranks #1,905,898 among all websites worldwide, #6,234 in Insurance.
- Monthly visits12.4K
▲ 4.2% vs previous month
- Unique visitors6.1K
per month
- Global rank#1,905,898
among all websites
- Category rank#6,234
Finance · Insurance
- Bounce rate53%
- Pages per visit1.9
- Average visit1 min 58 sec
- DevicesDesktop 40% · Mobile 60%
Websites whose visitors overlap most with Snapsheet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| the-digital-insurer.com | 100% | 43.5K | #761,085 | View details | |
| coverager.com | 100% | 99.1K | #454,509 | View details | |
| insurancebusinessmag.com | 100% | #171,061 | View details |
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Snapsheet (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Snapsheet
Complete news archive for 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 CEO of Snapsheet, as recorded in our data. They have also founded this company.
Snapsheet is a funded company, having raised a total of $103.27M across 8 funding rounds to date. The company's 1st funding round was a Series A of $7.27M, raised on Aug 2013.
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, Claim Genius and Boundless Rider.
Snapsheet offers Appraisals, Claims, Payments, and Total Loss.
Snapsheet has 16 investors. Key investors include Sedgwick, State Farm, Nationwide, Intact Ventures, and Ping An.
Snapsheet operates through Bodyshopbids, Inc..