Trov

Danville, United States Founded: 2012 • Age: 14 yrs Acquired By Travelers
A cloud-based software suite for insurance operations is provided.
Annual revenue - Latest available
Total funding $87.8M 9 rounds
Employees 20 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Trov

Trov is a company based in Danville (United States) founded in 2012 was acquired by Travelers in February 2022. Trov has raised $87.83 million across 9 funding rounds from investors including Guidewire, Sompo Holdings and Baloise. The company has 20 employees as of December 31, 2024. Trov operates in a competitive market with competitors including Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others.

  • Headquarter Danville, United States
  • Employees 20 as on 31 Dec, 2024
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $87.83 M (USD)

    in 9 rounds

  • Latest Funding Round
    $443.44 K (USD), Series D

    Aug 18, 2020

  • Investors
    Guidewire

    & 8 more

  • Employee Count
    20

    as on Dec 31, 2024

  • Acquired by
    Travelers

    (Feb 23, 2022)

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People of Trov

Headcount 10000+
Employee Profiles 969
Board Members and Advisors 14
Employee Profiles
People
Mojgan Lefebvre
EVP, Chief Technology & Operations Officer
People
Valarie Best
Assistant Vice President, Personal Insurance Operations
People
Trish Lewis
Assistant Vice President, Employee Relations
People
Bruno Sardinha
Svp, Chief Innovation Officer

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Board Members and Advisors
people
Bridget Van Kralingen
Director

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Funding Insights of Trov

Trov has successfully raised a total of $87.83M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $443.44 thousand completed in August 2020. 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.

Investors in Trov

Trov has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Guidewire, Sompo Holdings and Baloise.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in early-stage healthtech and fintech startups.
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Early and growth-stage startups are funded by Anthemis Group.
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Startups are funded by Munich Re-backed venture capital firm.
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Investor details for Trov

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Trov

Investments
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Investment portfolio details for Trov

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  • Transaction dates
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Financial Statements - Trov

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Detailed financials for Trov

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  • Profit trends
  • Statement rows
  • Financial ratios

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Trov Comparisons

Trov Primary company
Description
A cloud-based software suite for insurance operations is pro...
Location
Danville, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
20
As of 2024
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Peer comparison for Trov

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Trov

Trov 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 Guidewire, Bold Penguin, OneShield, Duck Creek and BetterView, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based platform for property and casualty insurance is provided.
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Software suite is offered for commercial insurance quoting and binding.
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Cloud-based insurance policy and claims management solutions for the p&c insurance industry
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Cloud-based solutions for property, casualty, and general insurance are provided.
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Insurance policy management and risk management solutions for the P&C insurance industry
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Insurity is recognized for providing cloud-native insurance software solutions.
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Detailed competitors of Trov

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Latest news on Trov

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Complete news archive for Trov

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  • Source and publication date
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Frequently Asked Questions about Trov

Trov was founded in 2012.

Trov is headquartered in Danville, United States.

Trov is a funded company, having raised a total of $87.83M across 9 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Trov is 20.

Trov was founded in 2012 in Danville, United States, as a provider of cloud-based software for the insurance sector. Solutions are delivered for policy administration, claims management, payments and billing, risk analytics, and fraud detection. Product development capabilities are included for renters, auto, business, and single item insurance types. Operations focus on streamlining industry processes through digital tools.

Trov's top competitors include Guidewire, Bold Penguin and OneShield.

Trov has 9 investors. Key investors include Guidewire, Sompo Holdings, Baloise, Travelers, and Suncorp Group.

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