About Starmount Life
Starmount Life is a company based in Baton Rouge (United States) founded in 1983 was acquired by Unum in April 2016.. Starmount Life offers products and services including Disability Insurance, Life Insurance, Accident Insurance, and Leave Management. Starmount Life operates in a competitive market with competitors including State Farm, HUB International, Prudential, Assurant and Voya Financial, among others.
- Headquarter Baton Rouge, United States
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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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- Legal Name Unum Group
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Products & Services of Starmount Life
Starmount Life offers a comprehensive portfolio of products and services, including Disability Insurance, Life Insurance, Accident Insurance, and Leave Management. 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.
Protects income during disabilities for employees and families.
Offers financial support for beneficiaries upon policyholder's death.
Covers medical costs from accidents for individuals and employers.
Manages employee leaves through integrated platforms for HR.
Funding Insights of Starmount Life
| 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 |
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Investors in Starmount Life
Starmount Life has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Unum. 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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Insurance services for life, disability, and accident coverage are offered.
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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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Investments & Acquisitions by Starmount Life
| 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 - Starmount Life
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Starmount Life Comparisons
Competitors of Starmount Life
Starmount Life 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 State Farm, HUB International, Prudential, Assurant and Voya Financial, 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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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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Investment advisory, insurance distribution, and risk management services are provided.
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Life, health, and financial insurance services are provided globally.
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Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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Provider of pension fund for the employees based out of the US
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Life insurance and diversified asset management services are provided.
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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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Latest news on Starmount Life
Frequently Asked Questions about Starmount Life
When was Starmount Life founded?
Starmount Life was founded in 1983.
Where is Starmount Life located?
Starmount Life is headquartered in Baton Rouge, United States. It is registered at Baton Rouge, Louisiana, United States.
Who is the current CEO of Starmount Life?
Erich Sternberg is the current CEO of Starmount Life.
What does Starmount Life do?
Starmount Life was founded in 1983 in Baton Rouge, United States, as a provider within the insurance sector. Operations focus on consumer-driven solutions, including individual life insurance coverage and group employee benefits such as dental insurance. The company functions as part of the Unum Group, serving clients across the United States with these specialized insurance products.
Who are the top competitors of Starmount Life?
Starmount Life's top competitors include HUB International, Kemper and Assurant.
What products or services does Starmount Life offer?
Starmount Life offers Disability Insurance, Life Insurance, Accident Insurance, and Leave Management.
Who are Starmount Life's investors?
Starmount Life has 1 investor. Key investors include Unum.
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