Vericity

Chicago, United States Founded: 2013 • Age: 13 yrs Acquired By iA Financial Group
Life insurance services are provided by Vericity.
Annual revenue $177.6M Latest available
Total funding - Funding intelligence
Employees 473 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Vericity

Vericity is a company based in Chicago (United States) founded in 2013 was acquired by iA Financial Group in October 2023. The company has 473 employees as of December 31, 2022. Vericity operates in a competitive market with competitors including AIA Group, John Hancock, Western & Southern Financial Group, Nassau Financial Group and Globe Life And Accident Insurance, among others.

  • Headquarter Chicago, United States
  • Employees 473 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $177.57 M (USD)
    8
    as on Dec 31, 2023
  • Net Profit
    -$9.89 M (USD)
    52
    as on Dec 31, 2023
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    473

    as on Dec 31, 2022

  • Acquired by
    iA Financial Group

    (Oct 04, 2023)

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Funding Insights of Vericity

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Detailed funding history for Vericity

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Investors in Vericity

Vericity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iA Financial Group.

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Institutional
Investor Description Founded Year Domain Location
Private foundations focused on insurance sectors
Locked Locked Locked
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Investor details for Vericity

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Investments & Acquisitions by Vericity

Investments
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Investment portfolio details for Vericity

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Financial Statements - Vericity

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Detailed financials for Vericity

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Vericity Comparisons

Vericity Primary company
Description
Life insurance services are provided by Vericity.
Location
Chicago, United States
Founded Year
2013
Annual Revenue
$177.57 M (USD)
Net Profit
-$9.89 M (USD)
EBITDA
Not available
Employees
473
As of 2022
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Peer comparison for Vericity

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Competitors of Vericity

Vericity 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 AIA Group, John Hancock, Western & Southern Financial Group, Nassau Financial Group and Globe Life And Accident Insurance, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Life insurance and related services are offered across Asia-Pacific markets.
Locked Locked Locked
Offers life insurance products, investment advice, and retirement planning for individuals and businesses.
Locked Locked Locked
Life insurance, investments, and retirement solutions are provided to clients.
Locked Locked Locked
Diversified insurance brokerage services are provided from Hartford.
Locked Locked Locked
Life and accident insurance policies are provided by the company.
Locked Locked Locked
Life insurance company
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Detailed competitors of Vericity

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Latest news on Vericity

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Complete news archive for Vericity

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Frequently Asked Questions about Vericity

Vericity was founded in 2013.

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

James E Hohmann is the current CEO of Vericity.

As of Dec 31, 2022, the latest employee count at Vericity is 473.

Annual revenue of Vericity is $177.57M as on Dec 31, 2023.

Vericity was established in 2013 in Chicago, United States, within the insurance sector. Life insurance services are delivered through its operations, focusing on policy distribution and management. The company is headquartered in Chicago and serves clients across the United States. Leadership is provided by CEO James E. Hohmann, overseeing core activities in the financial services industry.

Vericity's top competitors include AIA Group, Brighthouse Financial and Globe Life And Accident Insurance.

Vericity has 1 investor. Key investors include iA Financial Group.

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