About Trustmark
Trustmark is a company based in Lake Forest (United States) founded in 1913 was acquired by Health Care Service Corporation in August 2022. It operates as a Subscription Services, and Commission-Based. Trustmark has completed 2 acquisitions, including FitReserve and Health Fitness. Trustmark offers products and services including Voluntary Benefits, Small Business Benefits, and HealthFitness. Trustmark operates in a competitive market with competitors including Mercy, happytal, StairMed Technology, World Class Health and CIPACA, among others.
- Headquarter Lake Forest, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Trustmark Mutual Holding Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
FitReserve
& 1 more
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Acquired by
Health Care Service Corporation
(Aug 16, 2022)
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Products & Services of Trustmark
Trustmark offers a comprehensive portfolio of products and services, including Voluntary Benefits, Small Business Benefits, and HealthFitness. 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.
Life and disability insurance solutions are provided for employees.
Self-funded health benefit plans are offered to businesses.
Comprehensive fitness solutions are managed for various organizations.
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Software Development Team
34 people
Leadership Team
17 people
Legal and Compliance
11 people
Human Resources and Administration
8 people
Product Management Team
5 people
Sales and Marketing
4 people
Data Analysis and Operations Team
3 people
Chairman Team
1 people
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Funding Insights of Trustmark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trustmark
Trustmark has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Health Care Service Corporation. 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.
| Investor | Description | Founded Year | Domain | Location |
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Mutual health carrier
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trustmark
Trustmark has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FitReserve and Health Fitness. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online marketplace for membership-based fitness center classes
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2011 | ||||
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Behavior health and corporate fitness management solutions are provided.
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1975 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Trustmark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trustmark Comparisons
Competitors of Trustmark
Trustmark 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 Mercy, happytal, StairMed Technology, World Class Health and CIPACA, 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 |
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| domain | founded_year | HQ Location |
Healthcare services are delivered via hospitals, clinics, and outpatient facilities.
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| domain | founded_year | HQ Location |
Concierge services for hospitals are provided by Happytal.
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| domain | founded_year | HQ Location |
Implantable brain-computer interface systems are designed and provided.
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| domain | founded_year | HQ Location |
Concierge health services provider that enables companies to offer their employees access to the hospitals and doctors worldwide
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| domain | founded_year | HQ Location |
Chain of multispeciality hospitals
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trustmark
Frequently Asked Questions about Trustmark
When was Trustmark founded?
Trustmark was founded in 1913.
Where is Trustmark located?
Trustmark is headquartered in Lake Forest, United States. It is registered at Lake Forest, California, United States.
Who is the current CEO of Trustmark?
Kevin Slawin is the current CEO of Trustmark.
What does Trustmark do?
Trustmark is engaged in offering voluntary benefits such as life, accident, and disability insurance to employees, alongside self-funded health benefit plans for small businesses. Comprehensive fitness solutions are also managed through HealthFitness for organizations. Services are extended across various sectors including financial services and health and wellness. With over 100 years of experience, innovative solutions are provided to enhance financial security and well-being for policyholders and businesses.
Who are the top competitors of Trustmark?
Trustmark's top competitors include Mercy, happytal and World Class Health.
What products or services does Trustmark offer?
Trustmark offers Voluntary Benefits, Small Business Benefits, and HealthFitness.
How many acquisitions has Trustmark made?
Trustmark has made 2 acquisitions, including FitReserve, and Health Fitness.
Who are Trustmark's investors?
Trustmark has 1 investor. Key investors include Health Care Service Corporation.
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