The Colonial Group

Greensboro, United States Founded: 1961 • Age: 65 yrs Acquired By Hullco@ Abc
Insurance services are provided to clients across the United States.

About The Colonial Group

TCG was founded in 1961 and operates as a provider of insurance services within the financial sector. Based in Greensboro, United States, the company focuses on delivering various insurance solutions to businesses and individuals. Leadership is held by Robert W. Burke as CEO and President, alongside Ankit Pandey as Managing Director. Operations are centered on risk management and coverage options tailored to regional needs.

Key Metrics
  • Latest Funding Round
    $910.13M (USD), Debt – Conventional

    Jun 2023

  • Investors
  • Acquired by
    Hullco@ Abc

    (Mar 2020)

Funding Insights of The Colonial Group

  • Total Rounds 1
  • Last Round Debt – Conventional β€” $910.13M
  • First Round $910.13M

    (Jun 2023)

All 1 funding rounds of The Colonial Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$910.13MDebt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in The Colonial Group

The Colonial Group has secured backing from 1 investor. Prominent investors backing the company include HullCo.

All
InvestorDescriptionFounded YearDomainLocation
HullCo is engaged in providing wholesale insurance brokerage services.
1962hullco.com-
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Investor details for The Colonial Group

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of The Colonial Group

2 people are tracked at The Colonial Group (2 in leadership).

NameRoleGroup
Robert W Burke
CEO & PresidentLeadership
Ankit Pandey
Managing DirectorLeadership
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Complete people profiles for The Colonial Group

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of The Colonial Group

3 dated milestones of The Colonial Group across 62 years, from founding to its latest funding, stage changes and deals.

  1. Founded The Colonial Group is founded.
  2. Exit Acquired by Hullco@ Abc.
  3. Funding First funding round of $910.1M.

Web traffic of The Colonial Group

The website of The Colonial Group (thecolonialgroup.com) receives about 2.7K visits a month.

  • Monthly visits
    2.7K

    ▲ 43.2% vs previous month

Similar companies to The Colonial Group

10 companies that operate in the same segment as The Colonial Group (Insurance & Risk Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Health insurance plans are offered for individuals and families.
2006Chennai, Tamil Nadu, IndiaUSD 783.29 MUSD 1.9 B15,820
Life, health, and general insurance services are provided across India.
2001Mumbai, Maharashtra, IndiaUSD 306.52 MUSD 2.88 B16,700
Financial solutions including loans and insurance are offered.
2007Pune, Maharashtra, India–USD 15.24 B126
Life Insurance joint venture between SBI and BNP Paribas Cardiff
2000Mumbai, Maharashtra, IndiaUSD 264 MUSD 14.28 B26,360
Insurance, banking, and wealth management services are provided worldwide.
1816Paris, France–USD 128.35 B100,040
Investment advisory, insurance distribution, and risk management services are provided.
1998Chicago, Illinois, United StatesUSD 1.6 B––
Financial institution offering insurance & transaction services
1847Jacksonville, United StatesUSD 500 MUSD 14.51 B23,530
Integrated healthcare services and coverage are provided nationwide.
1945United States–––
Cloud-based employee benefits administration solutions are delivered.
1998West Des Moines, Iowa, United StatesUSD 65.16 M––
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Frequently Asked Questions about The Colonial Group

The Colonial Group was founded in 1961 and raised its 1st funding round 62 years after it was founded.

The Colonial Group is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.

Robert W Burke is the current CEO of The Colonial Group.

TCG was founded in 1961 and operates as a provider of insurance services within the financial sector. Based in Greensboro, United States, the company focuses on delivering various insurance solutions to businesses and individuals. Leadership is held by Robert W. Burke as CEO and President, alongside Ankit Pandey as Managing Director. Operations are centered on risk management and coverage options tailored to regional needs.

The Colonial Group has 1 investor. Key investors include HullCo.

Yes. The Colonial Group was acquired by Hullco@ Abc in March 2020.

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