About StarStone
StarStone is a company based in London (United Kingdom) founded in 2008 was acquired by Inigo in November 2020.. StarStone has raised $610 million across 1 funding round from investors including Enstar Group, Aquiline Capital Partners and UBC Flexible Offices. StarStone has completed 1 acquisition, including Torus Insurance. StarStone offers products and services including Property Insurance, Casualty Insurance, and Specialty Insurance. StarStone operates in a competitive market with competitors including HUB International, State Farm, Manulife, Assurant and Prudential, among others.
- Headquarter London, United Kingdom
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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
*********
- Legal Name Starstone Insurance
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$610 M (USD)
in 1 rounds
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Latest Funding Round
$610 M (USD), Private Equity Round
Jun 11, 2020
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Investors
Enstar Group
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of StarStone
StarStone offers a comprehensive portfolio of products and services, including Property Insurance, Casualty Insurance, and Specialty Insurance. 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.
Coverage for property-related risks and damages.
Protection against liability and injury claims.
Tailored coverage for unique business risks.
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Funding Insights of StarStone
StarStone has successfully raised a total of $610M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $610 million completed in June 2020. 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 1
- Last Round Private Equity Round — $610.0M
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First Round
First Round
(11 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Private Equity Round - StarStone | Valuation | SkyKnight Capital , Dragoneer Investment Group |
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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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StarStone
StarStone has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Enstar Group, Aquiline Capital Partners and UBC Flexible Offices. 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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SkyKnight Capital is involved in investment activities.
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Founded Year | Domain | Location | |
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Private equity investments are made in technology-enabled growth companies.
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Founded Year | Domain | Location | |
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Private equity and debt investments are directed toward financial 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
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 StarStone
StarStone has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Torus Insurance. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Reinsurance, commercial, professional, and specialty insurance services are provided.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - StarStone
| 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 |
Starstone Comparisons
Competitors of StarStone
StarStone 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 HUB International, State Farm, Manulife, Assurant and Prudential, 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 |
Investment advisory, insurance distribution, and risk management services are provided.
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| domain | founded_year | HQ Location |
Insurance and financial services are provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Life insurance and diversified asset management services are provided.
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| domain | founded_year | HQ Location |
Homeowner, rental, vehicle, flood, and travel insurance services are provided.
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| domain | founded_year | HQ Location |
Life, health, and financial insurance services are provided globally.
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| domain | founded_year | HQ Location |
Provider of pension fund for the employees based out of the US
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Starstone
Frequently Asked Questions about StarStone
When was StarStone founded?
StarStone was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is StarStone located?
StarStone is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of StarStone?
John Hendrickson is the current CEO of StarStone.
Is StarStone a funded company?
StarStone is a funded company, having raised a total of $610M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $610M, raised on Jun 11, 2020.
What does StarStone do?
StarStone was founded in 2008 and is headquartered in London, United Kingdom. Operations as an insurance carrier focus on life and non-life sectors, with policies issued to clients across relevant markets. Services encompass coverage for various risks, managed from the UK base. Leadership is provided by Group CEO John Hendrickson, and the domain starstone.com supports digital interactions.
Who are the top competitors of StarStone?
StarStone's top competitors include HUB International, Unum and Assurant.
What products or services does StarStone offer?
StarStone offers Property Insurance, Casualty Insurance, and Specialty Insurance.
How many acquisitions has StarStone made?
StarStone has made 1 acquisition, including Torus Insurance.
Who are StarStone's investors?
StarStone has 6 investors. Key investors include Enstar Group, Aquiline Capital Partners, UBC Flexible Offices, SkyKnight Capital, and Dragoneer.
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