About Weston Insurance
Weston Insurance is a company based in Coral Gables (United States) founded in 2011 by Michael Lyons.. Weston Insurance has raised $39.73 million across 3 funding rounds. The company has 17 employees as of December 31, 2024. Weston Insurance offers products and services including Property Insurance and Casualty Insurance. Weston Insurance operates in a competitive market with competitors including Fidelity National Financial, GeoVera Insurance, Homeowners of America Insurance, TypTap Insurance and Kingstone Companies, among others.
- Headquarter Coral Gables, United States
- Employees 17 as on 31 Dec, 2024
- Founders Michael Lyons
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Weston Insurance Services Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.73 M (USD)
in 3 rounds
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Latest Funding Round
$7.5 M (USD), Series A
Feb 11, 2016
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Investors
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Employee Count
17
as on Dec 31, 2024
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Products & Services of Weston Insurance
Weston Insurance offers a comprehensive portfolio of products and services, including Property Insurance and Casualty Insurance. 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.
Coverage for property damage and related risks
Protection against liability and casualty losses
Funding Insights of Weston Insurance
Weston Insurance has successfully raised a total of $39.73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $7.5M
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First Round
First Round
(29 Jul 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series A - Weston Insurance | Valuation |
investors |
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| Jul, 2014 | Amount | Series A - Weston Insurance | Valuation |
investors |
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| Jul, 2014 | Amount | Series A - Weston Insurance | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Weston Insurance
| 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 - Weston Insurance
| 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 |
Weston Insurance Comparisons
Competitors of Weston Insurance
Weston Insurance 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 Fidelity National Financial, GeoVera Insurance, Homeowners of America Insurance, TypTap Insurance and Kingstone Companies, 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 |
Financial institution offering insurance & transaction services
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| domain | founded_year | HQ Location |
Earthquake and windstorm-hurricane insurance is provided by GeoVera Insurance.
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| domain | founded_year | HQ Location |
Home insurance carrier
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| domain | founded_year | HQ Location |
An online P&C insurance platform for individuals is operated.
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| domain | founded_year | HQ Location |
Property and casualty insurance is provided by Kingstone Companies.
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| domain | founded_year | HQ Location |
Offers insurance for homes, renters, and properties in Florida against various hazards.
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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 Weston Insurance
Frequently Asked Questions about Weston Insurance
When was Weston Insurance founded?
Weston Insurance was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Weston Insurance located?
Weston Insurance is headquartered in Coral Gables, United States. It is registered at Coral Gables, Florida, United States.
Who is the current CEO of Weston Insurance?
Michael Lyons is the current CEO of Weston Insurance. They have also founded this company.
Is Weston Insurance a funded company?
Weston Insurance is a funded company, having raised a total of $39.73M across 3 funding rounds to date. The company's 1st funding round was a Series A of $24.73M, raised on Jul 29, 2014.
How many employees does Weston Insurance have?
As of Dec 31, 2024, the latest employee count at Weston Insurance is 17.
What does Weston Insurance do?
Weston Insurance was established in 2011 and is based in Coral Gables, United States. Operations are centered in the insurance sector, with a focus on windstorm coverage to address property risks from severe weather. Policies are issued to clients seeking protection against wind-related damages. The company is led by Michael Lyons in roles as founder, CEO, and president.
Who are the top competitors of Weston Insurance?
Weston Insurance's top competitors include Fidelity National Financial, Investors Title and Kingstone Companies.
What products or services does Weston Insurance offer?
Weston Insurance offers Property Insurance and Casualty Insurance.