About The Advantage Group
The Advantage Group is a Financial Services company based in Westminster (United States) founded in 1990, and was acquired by Sandy Spring Bank in August 2016. Diversified insurance services are provided via an online platform. The company has 6 employees. The company was acqui-hired. Its focus areas include FinTech, Internet First Insurance Platforms, Internet First Insurers and Diversified. Its legal entity is THE ADVANTAGE GROUP NEW HOME MARKETING INC. Its competitors include Kuvare, Integrated Specialty Coverages and Oyster Technologies; 1 of its 3 listed competitors has raised funding.
Company details
The Advantage Group was founded in 1990 and is based in Westminster, United States. An online platform is operated to deliver diversified insurance services, including personal, business, health, home, auto, and life insurance products. Customized usage-based options are offered to customers, with specialization in business insurance, personal insurance, and surety bonds. Operations focus on the insurance sector within the United States.
- Headquarters Westminster, United States
- Employees 6
- Stage Acquired
- SectorsFinancial Services
- Website advantagegroupinsurance.com
- Social LinkedIn
- Acquired by Sandy Spring Bank (Aug 2016)
- Legal Name The Advantage Group New Home Marketing Inc
- Investors
- Employee Count6
- Acquired bySandy Spring Bank
(Aug 2016)
Investors in The Advantage Group
The Advantage Group has secured backing from 1 investor. Prominent investors backing the company include Sandy Spring Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial bank | 1868 | sandyspringbank.com | Olney, United States |
Investor details for The Advantage Group
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- Round participation
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Timeline of The Advantage Group
2 dated milestones of The Advantage Group across 26 years, from founding to its latest funding, stage changes and deals.
- Founded The Advantage Group is founded.
- Exit Acquired by Sandy Spring Bank.
Competitors of The Advantage Group
The Advantage Group has 3 listed competitors in our database, 1 of them funded. They include Kuvare, Integrated Specialty Coverages and Oyster Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kuvare.com | 2014 | Chicago, United States | Diversified insurance products are distributed across multiple channels. | |||
| iscmga.com | 2016 | Harrison, United States | Insurance brokerage services for specialty coverages are provided. | |||
| withoyster.com | 2021 | New York, United States | $3.6M | Diversified insurance products are provided via an online platform. |
Detailed competitors of The Advantage Group
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Insurance Providers
3 companies that operate in the same segment as The Advantage Group (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Frequently Asked Questions about The Advantage Group
The Advantage Group was founded in 1990.
The Advantage Group is headquartered in Westminster, United States.
The Advantage Group has 6 employees.
The Advantage Group was founded in 1990 and is based in Westminster, United States. An online platform is operated to deliver diversified insurance services, including personal, business, health, home, auto, and life insurance products. Customized usage-based options are offered to customers, with specialization in business insurance, personal insurance, and surety bonds. Operations focus on the insurance sector within the United States.
The Advantage Group's top competitors include Kuvare, Oyster Technologies and Integrated Specialty Coverages.
The Advantage Group has 1 investor. Key investors include Sandy Spring Bank.
The Advantage Group operates through The Advantage Group New Home Marketing Inc.
Yes. The Advantage Group was acquired by Sandy Spring Bank in August 2016.