Allcat Claims Service, LLC
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Allcat Claims Service, LLC - overview
Established
2000
Location
San Antonio, TX, US
Primary Industry
Insurance
About
Based in Texas, US, and founded in 2000, Allcat Claims Service, LLC, also known as Allcat operates as a provider of outsourced claim solutions for insurance carriers in the residential, commercial, disaster, and auto industries. In December 2021, Trive Capital and Valedor Partners, along with the company's management, invested in Allcat Claims Service, LLC. As of February 2022, the company is being led by its Chief Executive Officer, Bart Hutton. Allcat Claims Service, LLC offers end-to-end outsourced claim solutions including customer handling, estimation, closing, issuance of checks for claims, as well as depreciation holdback, etc, for insurance carriers across the country.
The company utilizes software platforms for real-time reporting, and monitoring of all the claims and its team of adjusters ensure the quality of the claim adjusting process. The firm also provides third-party administration services, estimate audit services, and supplemental staffing services for its clients. The investment by Trive Capital and Valedor Partners will assist the company's growth plans and strengthen its position in the insurance business.
Current Investors
Trive Capital, Valedor Partners
Primary Industry
Insurance
Sub Industries
Claims Administration & Processing
Website
www.allcatclaims.com
Verticals
InsureTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Allcat Claims Service, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Allcat Claims Service, LLC | - |
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