About WIMS
WIMS is a company based in Oslo (Norway) founded in 2019 was acquired by Vitec in May 2019.. The company has 15 employees as of December 31, 2020. WIMS offers products and services including WIMS Software and Data Warehouse. WIMS operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.
- Headquarter Oslo, Norway
- Employees 15 as on 31 Dec, 2020
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Vitec Wims As
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Annual Revenue
$3.56 M (USD)8as on Dec 31, 2021
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Net Profit
$589.71 K (USD)-7as on Dec 31, 2021
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EBITDA
$762.94 K (USD)-7as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
15
as on Dec 31, 2020
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Acquired by
Vitec
(May 08, 2019)
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Products & Services of WIMS
WIMS offers a comprehensive portfolio of products and services, including WIMS Software and Data Warehouse. 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.
Web-based platform for managing insurance operations and products
System for storing and analyzing insurance data efficiently
Funding Insights of WIMS
| 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 WIMS
WIMS has secured backing from 1 investor. Prominent investors backing the company include Vitec Software Group. 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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Software development solutions are provided by Vitec since 1985.
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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 WIMS
| 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 - WIMS
| 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 |
Wims Comparisons
Competitors of WIMS
WIMS 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 ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, 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 |
Insurance policy and claim management solutions for the insurance industry
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| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
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| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
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| domain | founded_year | HQ Location |
Cloud-based policy management and underwriting solutions for insurance are provided.
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| domain | founded_year | HQ Location |
A platform for digital insurance distribution and management is provided.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for credit insurers, surety bonds & trade finance
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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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Frequently Asked Questions about WIMS
When was WIMS founded?
WIMS was founded in 2019.
Where is WIMS located?
WIMS is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of WIMS?
Per Gunnar Swahn is the current CEO of WIMS.
How many employees does WIMS have?
As of Dec 31, 2020, the latest employee count at WIMS is 15.
What is the annual revenue of WIMS?
Annual revenue of WIMS is $3.56M as on Dec 31, 2021.
What does WIMS do?
WIMS was founded in 2019 and is based in Oslo, Norway. A software suite is provided for the insurance sector, encompassing tools for product management, distribution, and reporting. The WIMS Enterprise Suite handles core operations, while the Enterprise Portal supports web-based sales and self-service. Additionally, WIMS Business Intelligence is utilized for coverage analysis and data reporting.
What products or services does WIMS offer?
WIMS offers WIMS Software and Data Warehouse.
Who are WIMS's investors?
WIMS has 1 investor. Key investors include Vitec Software Group.