Tarmika

Woburn, United States Founded: 2018 • Age: 8 yrs Acquired By Applied
Digital marketplace for insurance agencies
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About Tarmika

Tarmika is a company based in Woburn (United States) founded in 2018 by Geetha Sreedhar and Raghav was acquired by Applied in August 2022.. Tarmika offers products and services including Tarmika Quoting Tool and Tarmika Insured. Tarmika operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.

  • Headquarter Woburn, United States
  • Founders Geetha Sreedhar, Raghav
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Applied Systems, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Applied

    (Aug 16, 2022)

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Products & Services of Tarmika

Tarmika offers a comprehensive portfolio of products and services, including Tarmika Quoting Tool and Tarmika Insured. 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.

Primary

Software for streamlining commercial insurance quoting and integration.

Platform for managing insured client interactions and policies.

People of Tarmika
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Patrick Mulroy
Head of Distribution
People
Robert Valickus
Account Executive

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Teams

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Funding Insights of Tarmika

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 Tarmika

Tarmika has secured backing from 1 investor. Prominent investors backing the company include Applied Systems. 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
Investor Description Founded Year Domain Location
Insurance technology solutions are provided by Applied Systems for agencies.
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 Tarmika

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

Financial Statements - Tarmika

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

Tarmika Comparisons

Employees
+
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Competitors of Tarmika

Tarmika 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 Noyo, Px, GoHealth, Zelros and Joshu, 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
Insurance data exchange and benefit administration solutions for employers
domain founded_year HQ Location
Lead exchange platform is operated as SaaS for advertisers.
domain founded_year HQ Location
Healthcare insurance solutions are offered via a digital platform.
domain founded_year HQ Location
AI-based solutions for insurance sales and marketing are provided.
domain founded_year HQ Location
Digital distribution and sales solutions for insurance carriers are provided.
domain founded_year HQ Location
Provider of automated sales and commission payment platform for insurance and financial products
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 Tarmika

Frequently Asked Questions about Tarmika

When was Tarmika founded?

Tarmika was founded in 2018.

Where is Tarmika located?

Tarmika is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Who is the current CEO of Tarmika?

Raghav is the current CEO of Tarmika. They have also founded this company.

What does Tarmika do?

Tarmika is an online commercial insurance platform which uses API and RPA technology to create a digital marketplace for insurance agencies to work with several insurance companies in real time. Offers agents quotes for insurance products like business owners policies, property insurance, general liability, workers compensation insurance, business auto insurance, professional liability, directors officers insurance, employment practices liability, umbrella insurance, liquor liability, and cyber liability.

Who are the top competitors of Tarmika?

Tarmika's top competitors include Zelros, GoHealth and Px.

What products or services does Tarmika offer?

Tarmika offers Tarmika Quoting Tool and Tarmika Insured.

Who are Tarmika's investors?

Tarmika has 1 investor. Key investors include Applied Systems.

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