About Symetra
Symetra is a company based in Bellevue (United States) founded in 1957.. Symetra offers products and services including SwiftTerm Life Insurance, Fixed Indexed Annuities, and Group Life Insurance. Symetra operates in a competitive market with competitors including AIA Group, John Hancock, Globe Life And Accident Insurance, Nassau Financial Group and Brighthouse Financial, among others.
- Headquarter Bellevue, United States
- Stage Public
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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 Symetra Financial Corp
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Symetra
Symetra offers a comprehensive portfolio of products and services, including SwiftTerm Life Insurance, Fixed Indexed Annuities, and Group Life 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.
Fast online coverage for affordable term life protection.
Products for tax-deferred growth and savings protection.
Coverage for employee life and disability needs.
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Software Development Team
107 people
Leadership Team
96 people
Sales and Marketing
41 people
Finance and Accounting
32 people
Senior Team
19 people
Operations Team
18 people
Data Analysis and Operations Team
18 people
Product Management Team
15 people
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Funding Insights of Symetra
- 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 |
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| Jun, 2004 | Amount | Private Equity Round - Symetra | Valuation |
investors |
| 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 |
investors |
Investors in Symetra
Symetra has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CAI Capital Partners. 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 investments are managed for founder-owned Canadian businesses.
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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 Symetra
| 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 - Symetra
| 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 |
Symetra Comparisons
Competitors of Symetra
Symetra 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 AIA Group, John Hancock, Globe Life And Accident Insurance, Nassau Financial Group and Brighthouse 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 |
Life insurance and related services are offered across Asia-Pacific markets.
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Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
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Life and accident insurance policies are provided by the company.
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Diversified insurance brokerage services are provided from Hartford.
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Annuities and life insurance products are offered by Brighthouse Financial.
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Life insurance, investments, and retirement solutions are provided to clients.
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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 Symetra
Frequently Asked Questions about Symetra
When was Symetra founded?
Symetra was founded in 1957 and raised its 1st funding round 47 years after it was founded.
Where is Symetra located?
Symetra is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Who is the current CEO of Symetra?
Margaret Meister is the current CEO of Symetra.
What does Symetra do?
Symetra was established in 1957 and is based in Bellevue, United States. Life insurance and financial products, including annuities and retirement plans, are offered to individuals and employers. Operations center on employee benefits and investment solutions within the insurance sector. The company is led by CEO Margaret Meister and maintains its online presence via symetra.com, serving clients nationwide.
Who are the top competitors of Symetra?
Symetra's top competitors include AIA Group, Brighthouse Financial and Globe Life And Accident Insurance.
What products or services does Symetra offer?
Symetra offers SwiftTerm Life Insurance, Fixed Indexed Annuities, and Group Life Insurance.
Who are Symetra's investors?
Symetra has 1 investor. Key investors include CAI Capital Partners.
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