Velox Insurance, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Velox Insurance, Inc. - overview
Established
2003
Location
Atlanta, GA, US
Primary Industry
Insurance
About
Based in Georgia, US, and founded in 2003 by CEO Jose L. Robayo-Ramirez, Velox Insurance, Inc. is an insurance technology company that focuses on providing a digital platform for individuals to access insurance services, including vehicle, property, and business insurance. In December 2021, Confie Holding II Co, a portfolio company of Alliant Insurance Services, Inc.
, Stone Point Capital, and the Public Sector Pension Investment Board, agreed to acquire Velox Insurance, Inc. The company provides a mobile application that allows individuals to compare, quote, and buy a wide range of insurances, including auto, homeowners, renters, motorcycles, business, commercial auto, roadside assistance, and many more. Velox Insurance partners with major insurance companies, which allows it to find insurance quotes in Georgia and Florida.
Primary Industry
Insurance
Sub Industries
Personal Insurance, Commercial Insurance, Claims Administration & Processing
Website
www.veloxinsurance.com
Verticals
InsureTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Velox Insurance, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Velox Insurance, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.