About Y-Risk
Y-Risk is a company based in Farmington (United States) founded in 2016 by Mike Visintainer and Bernie Horovitz was acquired by The Hartford in December 2018.. Y-Risk offers products and services including Insurance Solutions. Y-Risk operates in a competitive market with competitors including Jones, Coterie, Huckleberry, instaCOVER and InsuraGuest, among others.
- Headquarter Farmington, United States
- Founders Mike Visintainer, Bernie Horovitz
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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 Y-Risk, Llc
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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
Employee Count
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Acquired by
The Hartford
(Dec 03, 2018)
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Products & Services of Y-Risk
Y-Risk offers a comprehensive portfolio of products and services, including Insurance Solutions. 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.
Customized coverages for risks in sharing economy companies
Funding Insights of Y-Risk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Y-Risk
Y-Risk has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include The Hartford. 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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Insurance, benefits, and mutual funds are provided in financial 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 Y-Risk
| 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 - Y-Risk
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Y-Risk Comparisons
Competitors of Y-Risk
Y-Risk 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 Jones, Coterie, Huckleberry, instaCOVER and InsuraGuest, 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 |
On-demand liability insurance platform is provided for businesses.
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| domain | founded_year | HQ Location |
Private label party supplies are offered with customization options.
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| domain | founded_year | HQ Location |
Online insurance quotes for small businesses are provided.
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| domain | founded_year | HQ Location |
insurance coverage for sales or lease transactions
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| domain | founded_year | HQ Location |
On-demand liability insurance is provided for businesses and freelancers.
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| domain | founded_year | HQ Location |
Digital insurance platforms are offered for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Y-Risk
Frequently Asked Questions about Y-Risk
When was Y-Risk founded?
Y-Risk was founded in 2016.
Where is Y-Risk located?
Y-Risk is headquartered in Farmington, United States.
Who is the current CEO of Y-Risk?
Bernie Horovitz is the current CEO of Y-Risk. They have also founded this company.
What does Y-Risk do?
Y-Risk, an MGA founded in 2016 and located in Farmington, United States, offers usage-based insurance to tech-enabled firms in the sharing and on-demand economy. Coverage is extended to commercial general liability, commercial auto, physical damage, inland marine property, cyber risks, marketplace technology platform liability, and technology errors and omissions. These products support businesses engaged in buying, selling, sharing, borrowing, or delivering goods and services on-demand.
Who are the top competitors of Y-Risk?
Y-Risk's top competitors include Jones, Huckleberry and Coterie.
What products or services does Y-Risk offer?
Y-Risk offers Insurance Solutions.
Who are Y-Risk's investors?
Y-Risk has 1 investor. Key investors include The Hartford.