About Topsail Re
Topsail Re is a company based in Greensboro (United States) founded in 2018 by David Johnson.. Topsail Re has raised $50 million across 1 funding round. The company has 31 employees as of December 31, 2023. Topsail Re offers products and services including Reinsurance Services. Topsail Re operates in a competitive market with competitors including Transatlantic Holdings, Gen Re, Hadron, Berkley Re and Heritage Life, among others.
- Headquarter Greensboro, United States
- Employees 31 as on 31 Dec, 2023
- Founders David Johnson
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$50 M (USD)
in 1 rounds
-
Latest Funding Round
$50 M (USD), Series C
Feb 09, 2022
-
Investors
-
Employee Count
31
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Topsail Re
Topsail Re offers a comprehensive portfolio of products and services, including Reinsurance Services. 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.
Offers expertise and capital to simplify reinsurance for partners
Unlock access to complete
Funding Insights of Topsail Re
Topsail Re has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series C — $50.0M
-
First Round
First Round
(09 Feb 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - Topsail Re | Valuation |
investors |
|
| 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 |
Investments & Acquisitions by Topsail Re
| 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 - Topsail Re
| 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 |
Topsail Re Comparisons
Competitors of Topsail Re
Topsail Re 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 Transatlantic Holdings, Gen Re, Hadron, Berkley Re and Heritage Life, 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 |
Diversified reinsurance company
|
|
| domain | founded_year | HQ Location |
Reinsurance services for life/health and property sectors are offered.
|
|
| domain | founded_year | HQ Location |
Reinsurance and capacity services are provided to managing general underwriters.
|
|
| domain | founded_year | HQ Location |
Offers reinsurance solutions for auto, construction, and cyber risks worldwide.
|
|
| domain | founded_year | HQ Location |
Provides comprehensive reinsurance services to support risk and financial stability.
|
| 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 Topsail Re
Frequently Asked Questions about Topsail Re
When was Topsail Re founded?
Topsail Re was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Topsail Re located?
Topsail Re is headquartered in Greensboro, United States. It is registered at Greensboro, North Carolina, United States.
Who is the current CEO of Topsail Re?
David Johnson is the current CEO of Topsail Re. They have also founded this company.
Is Topsail Re a funded company?
Topsail Re is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Feb 09, 2022.
How many employees does Topsail Re have?
As of Dec 31, 2023, the latest employee count at Topsail Re is 31.
What does Topsail Re do?
Topsail Re was founded in 2018 as a specialist in the reinsurance sector. Operations are centered in Greensboro, United States, where tailored reinsurance solutions are offered to primary insurers. Coverage is extended across various risk categories, including property and casualty lines. The company is led by founder and CEO David Johnson, with a focus on supporting stable financial protection for clients in the insurance market.
Who are the top competitors of Topsail Re?
Topsail Re's top competitors include Gen Re, Transatlantic Holdings and Hadron.
What products or services does Topsail Re offer?
Topsail Re offers Reinsurance Services.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.