Concirrus Overview
- Year Founded
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2011
- Status
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Private
- Employees
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51
- Latest Deal Type
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2ndary - Private
- Investors
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4
Concirrus General Information
Description
Developer of an artificial intelligence-based marine insurance platform designed to provide behavioral information to insurers. The company's platform uses a combination of advanced analytics, machine learning, and active risk management to solve the challenges faced by the marine and automotive commercial insurance markets, enabling clients to actively manage their risks for improved commercial performance.
Contact Information
Website
www.concirrus.aiCorporate Office
- 6 Devonshire Square
- London EC2M 4YE
- England, United Kingdom
Corporate Office
- 6 Devonshire Square
- London EC2M 4YE
- England, United Kingdom
Concirrus Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Secondary Transaction - Private | 01-Mar-2023 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 28-Apr-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 07-Jul-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 17-Feb-2020 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series A) | 24-Jul-2018 | Completed | Generating Revenue | |||
| 4. Angel (individual) | 16-Nov-2017 | Completed | Generating Revenue | |||
| 3. Grant | 01-Apr-2016 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 14-Jul-2015 | $4.67M | $4.67M | Completed | Generating Revenue | |
| 1. Grant | 01-Jan-2015 | $391K | Completed | Generating Revenue |
Concirrus Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Series A1 Preference | ||||||||
| Series A1 Preference | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Series A1 Preference | ||||||||
| Series A1 Preference | ||||||||
| Series A1 Preference | 827,586 | $0.000133 | $4.71 | $4.71 | 1x | $4.71 | 11.87% | |
| Series A1 Preference | 400,000 | $0.000133 | $9.75 | $9.75 | 1x | $9.75 | 5.73% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Concirrus Comparisons
Industry
Financing
Details
Concirrus Competitors (53)
One of Concirrus’s 53 competitors is Lone Star Analysis, a Private Equity-Backed company based in Addison, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lone Star Analysis | Private Equity-Backed | Addison, TX | ||||
| Thinxtra | Venture Capital-Backed | Sydney, Australia | ||||
| TIBCO Software | Private Equity-Backed | San Ramon, CA | ||||
| Parabole.ai | Venture Capital-Backed | Princeton, NJ | ||||
| B-Scada | Corporation | Crystal River, FL |
Concirrus Patents
Concirrus Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4288931-A1 | Damage detection and image alignment based on polygonal representation of objects | Pending | 03-Feb-2021 | ||
| EP-4288931-A4 | Damage detection and image alignment based on polygonal representation of objects | Pending | 03-Feb-2021 | ||
| US-12755529-B2 | Damage detection and image alignment based on polygonal representation of objects | Active | 03-Feb-2021 | ||
| US-20240096090-A1 | Damage detection and image alignment based on polygonal representation of objects | Active | 03-Feb-2021 | ||
| EP-4256515-A1 | Damage detection based on damage-index data | Pending | 02-Dec-2020 | G06T7/0008 |
Concirrus Signals
Concirrus Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| CommerzVentures | Corporate Venture Capital | Minority | ||
| Kings Arms Yard VCT | Venture Capital | Minority | ||
| Eos Venture Partners | Venture Capital | Minority | ||
| IQ Capital Partners | Venture Capital | Minority |
Concirrus Acquisitions (1)
Concirrus’s most recent deal was a Merger/Acquisition with Spark Insights. The deal was made on 01-Nov-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Spark Insights | 01-Nov-2021 | Merger/Acquisition | Business/Productivity Software |
Concirrus FAQs
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When was Concirrus founded?
Concirrus was founded in 2011.
-
Where is Concirrus headquartered?
Concirrus is headquartered in London, United Kingdom.
-
What is the size of Concirrus?
Concirrus has 51 total employees.
-
What industry is Concirrus in?
Concirrus’s primary industry is Financial Software.
-
Is Concirrus a private or public company?
Concirrus is a Private company.
-
What is Concirrus’s current revenue?
The current revenue for Concirrus is .
-
How much funding has Concirrus raised over time?
Concirrus has raised $51M.
-
Who are Concirrus’s investors?
CommerzVentures, Kings Arms Yard VCT, Eos Venture Partners, and IQ Capital Partners have invested in Concirrus.
-
Who are Concirrus’s competitors?
Lone Star Analysis, Thinxtra, TIBCO Software, Parabole.ai, and B-Scada are some of the 53 competitors of Concirrus.
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