Ventiv Tech

Chicago, United States Founded: 1972 • Age: 54 yrs Acquired By Riskonnect
Cloud-based risk management solutions are provided to businesses and entities.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 181 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Ventiv Tech

Ventiv Tech is a company based in Chicago (United States) founded in 1972 was acquired by Riskonnect in January 2024. The company has 181 employees as of December 31, 2022. Ventiv Tech has completed 1 acquisition, including DAVID Corporation. Ventiv Tech offers products and services including IRM Solutions, Billing Services, Claims Management, Enterprise Policy, and Tech Support. Ventiv Tech operates in a competitive market with competitors including Sedgwick, EXIGER, Riskified, Kyriba and CyberGRX, among others.

  • Headquarter Chicago, United States
  • Employees 181 as on 31 Dec, 2022
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
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  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    STG

    & 2 more

  • Employee Count
    181

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Riskonnect

    & 2 more

    (Jan 11, 2024)

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Products & Services of Ventiv Tech

Ventiv Tech offers a comprehensive portfolio of products and services, including IRM Solutions, Billing Services, Claims Management, Enterprise Policy, and Tech Support.

Product name locked
Category locked
Primary

Platform for integrated risk management and oversight services

Product name locked
Category locked
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Tools for managing risk-related billing operations efficiently

Product name locked
Category locked
Locked

System for handling and processing insurance claims securely

Product name locked
Category locked
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Solutions for developing and enforcing enterprise risk policies

Product name locked
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Assistance for risk management technology implementation and maintenance

People of Ventiv Tech

Headcount 200-500
Employee Profiles 9
Employee Profiles
People
Jennifer Butts
VP, Information Security
People
Stephen Thomas
VP, Product Management
People
Angus Rhodes
VP, Product Management
People
Rebecca Gill
Territory Vice President

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Funding Insights of Ventiv Tech

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Detailed funding history for Ventiv Tech

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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Investors in Ventiv Tech

Ventiv Tech has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include STG, Riskonnect and Tailwind Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
PE firm investing in the US
Locked Locked Locked
A private equity firm focused on mid-market software leaders.
Locked Locked Locked
Cloud-based risk management solutions are offered for the insurance sector.
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Investor details for Ventiv Tech

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ventiv Tech

Ventiv Tech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DAVID Corporation.

Investments
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Investment portfolio details for Ventiv Tech

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Platform that provides risk management and insurance software
Locked Locked 1984 Locked
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Complete acquisition details for Ventiv Tech

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Financial Statements - Ventiv Tech

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Detailed financials for Ventiv Tech

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Ventiv Tech Comparisons

Ventiv Tech Primary company
Description
Cloud-based risk management solutions are provided to busine...
Location
Chicago, United States
Founded Year
1972
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
181
As of 2022
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Peer comparison for Ventiv Tech

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Competitors of Ventiv Tech

Ventiv Tech 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 Sedgwick, EXIGER, Riskified, Kyriba and CyberGRX, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
Locked Locked Locked
Third-party risks and supply chains are managed via AI platform.
Locked Locked Locked
AI-based fraud prevention for e-commerce payments is provided.
Locked Locked Locked
Cloud-based treasury automation and risk management solutions are provided.
Locked Locked Locked
Cloud-based risk assessment and management solutions are provided for enterprises.
Locked Locked Locked
Cloud-based risk management solutions are offered for the insurance sector.
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Detailed competitors of Ventiv Tech

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  • Domains and locations
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  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Ventiv Tech

NFP Names Nathan as SVP, Sales
Insurancejournal1 year ago
Riskonnect Acquires Ventiv Technology
Businesswire2 years ago
Riskonnect Acquires Ventiv Technology
Insurancenewsnet2 years ago
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Complete news archive for Ventiv Tech

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Ventiv Tech

Ventiv Tech was founded in 1972.

Ventiv Tech is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

As of Dec 31, 2022, the latest employee count at Ventiv Tech is 181.

Ventiv Technology was established in 1972 in Chicago, United States, focusing on the risk management software sector. Cloud-based information systems for risk, claims administration, auditing, and safety are delivered to businesses and public organizations. Formerly Aon eSolutions, the company expanded through the acquisition of 4iSoft in January 2016, supporting operations across various industries.

Ventiv Tech's top competitors include Sedgwick, Riskified and Kyriba.

Ventiv Tech offers IRM Solutions, Billing Services, Claims Management, Enterprise Policy, and Tech Support.

Ventiv Tech has made 1 acquisition, including DAVID Corporation.

Ventiv Tech has 3 investors. Key investors include STG, Riskonnect, and Tailwind Capital.

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