Web Connectivity

London, United Kingdom Founded: 2003 • Age: 23 yrs Acquired By Advisen
Software solution provider for insurance business processes
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About Web Connectivity

Web Connectivity is a company based in London (United Kingdom) founded in 2003 was acquired by Advisen in March 2011.. The company has 27 employees as of December 31, 2021. Web Connectivity offers products and services including enabledAccounting and enabledB2B. Web Connectivity operates in a competitive market with competitors including Artificial Labs, Leonteq, Sagitec, Chisel and ITM TwentyFirst, among others.

  • Headquarter London, United Kingdom
  • Employees 27 as on 31 Dec, 2021
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Web Connectivity Ltd
  • Date of Incorporation 09 Oct, 2003
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $4.71 M (USD)
    -2
    as on Nov 11, 2020
  • Net Profit
    $714.44 K (USD)
    -33
    as on Nov 11, 2020
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    27

    as on Dec 31, 2021

  • Acquired by
    Advisen

    (Mar 22, 2011)

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Products & Services of Web Connectivity

Web Connectivity offers a comprehensive portfolio of products and services, including enabledAccounting and enabledB2B. 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.

Primary

Software for insurance accounting and financial processes.

Platform for B2B communications in insurance operations.

Funding Insights of Web Connectivity

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

Investors in Web Connectivity

Web Connectivity has secured backing from 1 investor. Prominent investors backing the company include Advisen. 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.

All
Investor Description Founded Year Domain Location
Commercial insurance solutions for underwriting and marketing are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Web Connectivity

Investments
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 - Web Connectivity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Web Connectivity Comparisons

Employees
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Competitors of Web Connectivity

Web Connectivity 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 Artificial Labs, Leonteq, Sagitec, Chisel and ITM TwentyFirst, 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
Software solutions provider for Insurers
domain founded_year HQ Location
Products and Services provider for Structured Products
domain founded_year HQ Location
Pension administration and unemployment insurance software solutions are provided.
domain founded_year HQ Location
A chain of fitness studios is operated in Bengaluru, India.
domain founded_year HQ Location
Life insurance policy management and trust administration solutions are provided.
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 Web Connectivity

Frequently Asked Questions about Web Connectivity

When was Web Connectivity founded?

Web Connectivity was founded in 2003.

Where is Web Connectivity located?

Web Connectivity is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

How many employees does Web Connectivity have?

As of Dec 31, 2021, the latest employee count at Web Connectivity is 27.

What is the annual revenue of Web Connectivity?

Annual revenue of Web Connectivity is $4.71M as on Nov 11, 2020.

What does Web Connectivity do?

Web Connectivity helps insurance organisations to streamline and automate business processes via electronic transfer of data and documents between brokers and risk carriers. Its products are built upon EnabledB2B ACORD Gateway. It offers software solutions such as EnabledAccounting to send andor receive ACORD messages; EnabledPlacing to send, receive, review, and respond to electronic placement and endorsement messages; EnabledMGA to send risk bordereaux in a XML data format; Ruschlikon Lite that takes non-standard accounts from ceding companies and converts them to ACORD standard Technical Account messages; EnabledTransform to convert data from one format to another; EnabledTEST, a testing tool that enables the creation and testing of XML messages.

Who are the top competitors of Web Connectivity?

Web Connectivity's top competitors include Artificial Labs, Leonteq and Sagitec.

What products or services does Web Connectivity offer?

Web Connectivity offers enabledAccounting and enabledB2B.

Who are Web Connectivity's investors?

Web Connectivity has 1 investor. Key investors include Advisen.

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