HyperQuest, Inc
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HyperQuest, Inc - overview
Location
Buffalo Grove, IL-Illinois, US
Primary Industry
Insurance
About
HyperQuest, Inc specializes in information management solutions tailored for the Property & Casualty claims sector, providing custom services aimed at streamlining claims processing and enhancing operational efficiency for large insurance firms. HyperQuest, Inc focuses on delivering innovative information management solutions specifically designed for the Property & Casualty claims sector. The company was acquired by Solera Holdings in February 2013. Its headquarters are located in Buffalo Grove, US.
The founder's previous ventures are not publicly documented. HyperQuest specializes in reshaping information management within the Property & Casualty claims sector. The company offers customized information services designed to address complex challenges associated with claims processing. Their core product offerings utilize advanced analytical capabilities to measure, manipulate, and streamline existing technology, ensuring efficient and user-friendly solutions for their clients.
The target customer base includes large insurance firms and organizations that handle significant claims volumes, allowing them to effectively manage and resolve claims-related issues. HyperQuest's products and services are marketed primarily in North America, focusing on the needs of the insurance industry where precision and efficiency in information management are paramount. The revenue structure of HyperQuest is primarily based on B2B transactions, engaging with insurance companies and large entities seeking to enhance their claims management processes. The business model involves long-term partnerships with clients, offering subscription-based access to proprietary technology and information management services.
Flagship services include tailored solutions that adapt to the specific needs of clients, creating value through improved claims resolution efficiency. While specific pricing plans are not disclosed, financial arrangements are typically structured around the scope and scale of the services provided, ensuring comprehensive support tailored to operational requirements. HyperQuest aims to expand its offerings with new products designed to enhance claims processing efficiency, although specific release dates have not been detailed. The company is also exploring growth opportunities in new markets beyond North America, although specific regions have yet to be identified.
The acquisition by Solera Holdings in February 2013 is expected to facilitate growth initiatives by providing access to additional resources and capabilities.
Primary Industry
Insurance
Sub Industries
Insurance
Website
www.hyperquest.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
HyperQuest, Inc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | HyperQuest, Inc | - | ||||||||
| Unspecified Round | Completed | HyperQuest, Inc | - |
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HyperQuest, Inc - employee data


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