About Western Mutual
Western Mutual is a company based in Irvine (United States) founded in 1942 was acquired by Obsidian in July 2021.. The company has 94 employees as of December 31, 2022. Western Mutual operates in a competitive market with competitors including Jewelers Mutual and Great Lakes Mutual Insurance, among others.
- Headquarter Irvine, United States
- Employees 94 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Western Mutual Insurance 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
94
as on Dec 31, 2022
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Acquired by
Obsidian
(Jul 07, 2021)
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Funding Insights of Western Mutual
| 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 |
Investors in Western Mutual
Western Mutual has secured backing from 1 investor. Prominent investors backing the company include Obsidian Insurance Holdings. 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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Obsidian Insurance Holdings is engaged in specialty insurance fronting services.
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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 Western Mutual
| 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 |
Financial Statements - Western Mutual
| 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 |
Western Mutual Comparisons
Competitors of Western Mutual
Western Mutual 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 Jewelers Mutual and Great Lakes Mutual Insurance, 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 |
Mutual jewelry insurance carrier
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| domain | founded_year | HQ Location |
Operates as a mutual property insurance company offering tailored coverage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Western Mutual
Frequently Asked Questions about Western Mutual
When was Western Mutual founded?
Western Mutual was founded in 1942.
Where is Western Mutual located?
Western Mutual is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
How many employees does Western Mutual have?
As of Dec 31, 2022, the latest employee count at Western Mutual is 94.
What does Western Mutual do?
Western Mutual was established in 1942 and is headquartered in Irvine, United States. Operations are centered on the insurance sector, where home coverage is provided to policyholders under a mutual ownership structure. Services include standard homeowners policies, with emphasis on residential property protection. The company maintains its focus within the domestic market, serving clients across various regions in the United States.
Who are the top competitors of Western Mutual?
Western Mutual's top competitors include Jewelers Mutual and Great Lakes Mutual Insurance.
Who are Western Mutual's investors?
Western Mutual has 1 investor. Key investors include Obsidian Insurance Holdings.