About StoneRiver
StoneRiver is a company based in Cedar Rapids (United States) founded in 2008 was acquired by Sapiens in February 2017.. StoneRiver has completed 2 acquisitions, including Compliance Assurance and freedomgroup. StoneRiver offers products and services including Sapiens Insurance Platform, CoreSuite, and DigitalSuite. StoneRiver operates in a competitive market with competitors including Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge, among others.
- Headquarter Cedar Rapids, United States
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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 Stoneriver, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Sapiens
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Compliance Assurance
& 1 more
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Acquired by
Sapiens
(Feb 15, 2017)
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Products & Services of StoneRiver
StoneRiver offers a comprehensive portfolio of products and services, including Sapiens Insurance Platform, CoreSuite, and DigitalSuite. 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.
AI-driven platform for managing insurance operations efficiently.
Software suite for property and casualty insurance processes.
Platform for data management and decision-making in insurance.
Funding Insights of StoneRiver
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Seed - StoneRiver | Valuation |
investors |
| 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 StoneRiver
StoneRiver has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sapiens and Stone Point Capital. 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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Private equity firm investing in global financial services sectors.
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Founded Year | Domain | Location | |
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Insurance policy administration and compliance solutions for the insurance industry
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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 StoneRiver
StoneRiver has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Compliance Assurance and freedomgroup. 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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Regulatory compliance solutions are offered to the insurance industry.
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2005 | ||||
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Web designing, branding, and digital marketing services are provided.
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1996 |
| 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 - StoneRiver
| 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 |
Stoneriver Comparisons
Competitors of StoneRiver
StoneRiver 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 Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge, 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 |
App-based P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
Insurance agency management solutions are provided to the industry.
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| domain | founded_year | HQ Location |
App-based management solutions for insurance agents are offered.
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| domain | founded_year | HQ Location |
Cloud-based agency management solutions are provided for the insurance industry.
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| domain | founded_year | HQ Location |
Cloud-based management solutions are provided for insurance brokers.
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| domain | founded_year | HQ Location |
SME insurance portfolios are managed via an online broker platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Stoneriver
Frequently Asked Questions about StoneRiver
When was StoneRiver founded?
StoneRiver was founded in 2008.
Where is StoneRiver located?
StoneRiver is headquartered in Cedar Rapids, United States. It is registered at Cedar Rapids, Iowa, United States.
What does StoneRiver do?
StoneRiver was founded in 2008 and is headquartered in Cedar Rapids, United States. Software solutions for the insurance sector are offered, covering front-office functions, policy administration, claims processing, rating, underwriting, billing, and reinsurance. These solutions support major business lines of insurance and are provided to carriers, agents, and broker-dealers. Operations focus on technology services tailored to the industry.
Who are the top competitors of StoneRiver?
StoneRiver's top competitors include Wefox, Stubben Edge and Agentero.
What products or services does StoneRiver offer?
StoneRiver offers Sapiens Insurance Platform, CoreSuite, and DigitalSuite.
How many acquisitions has StoneRiver made?
StoneRiver has made 2 acquisitions, including Compliance Assurance, and freedomgroup.
Who are StoneRiver's investors?
StoneRiver has 2 investors. Key investors include Sapiens, and Stone Point Capital.