Swett

Woodland Hills, United States Founded: 1914 • Age: 112 yrs Acquired By BB&T
Insurance brokerage for property, casualty, and professional risks is provided.
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About Swett

Swett is a company based in Woodland Hills (United States) founded in 1914 was acquired by BB&T in February 2016.. Swett has completed 2 acquisitions, including Riskreducersllc.com and Shuins.

  • Headquarter Woodland Hills, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    BB&T

    (Feb 24, 2016)

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Funding Insights of Swett

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Swett

Swett has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BB&T. 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.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Swett

Swett has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Riskreducersllc.com and Shuins. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of hotel management services
1998
Provider of wholesale insurance brokerage for workers compensation and risk management services
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Swett

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Swett Comparisons

Employees
+
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Competitors of Swett

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Swett

Frequently Asked Questions about Swett

When was Swett founded?

Swett was founded in 1914.

Where is Swett located?

Swett is headquartered in Woodland Hills, United States. It is registered at Woodland Hills, California, United States.

What does Swett do?

Swett was founded in 1914 and is located in Woodland Hills, United States. Insurance brokerage services are delivered, with specialization in property, casualty, and professional risks. Operations are centered in the insurance sector, where risk management and coverage placement are facilitated for clients. Expertise is applied across various industries, supporting needs in the United States and beyond through established brokerage practices.

How many acquisitions has Swett made?

Swett has made 2 acquisitions, including Riskreducersllc.com, and Shuins.

Who are Swett's investors?

Swett has 1 investor. Key investors include BB&T.

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