Salus (Commercial/Professional Insurance) Overview
- Year Founded
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2013
- Status
-
Private
- Employees
-
47
- Latest Deal Type
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2ndary - Private
- Investors
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2
Salus (Commercial/Professional Insurance) General Information
Description
Operator of a specialty insurance services company intended to focus exclusively on workers' compensation. The company's service offers claims adjusting based on proprietary protocols and provides guaranteed cost workers' compensation coverage through exclusive programs, enabling clients to reduce claims costs for large employers, captives, and insurance companies.
Contact Information
Website
www.hellosalus.comCorporate Office
- 1825 Lakeway Drive
- Suite 200
- Lewisville, TX 75057
- United States
Corporate Office
- 1825 Lakeway Drive
- Suite 200
- Lewisville, TX 75057
- United States
Salus (Commercial/Professional Insurance) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Secondary Transaction - Private | 01-Oct-2022 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A1) | 10-Feb-2015 | Completed | Generating Revenue | |||
1. Early Stage VC (Series A) | 09-Oct-2014 | $1.5M | $1.5M | Completed | Product Development |
Salus (Commercial/Professional Insurance) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-1 | ||||||||
Series A |
Salus (Commercial/Professional Insurance) Comparisons
Industry
Financing
Details
Salus (Commercial/Professional Insurance) Competitors (7)
One of Salus (Commercial/Professional Insurance)’s 7 competitors is Pro Risk Group, a Corporation company based in Philadelphia, PA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Pro Risk Group | Corporation | Philadelphia, PA | ||||
Inszone Insurance Services | Private Equity-Backed | Rancho Cordova, CA | ||||
Brentwood Services | Private Equity-Backed | Florence, AL | ||||
Hitchings Insurance | Corporation | Findlay, OH | ||||
Arendas Insurance | Corporation | Alexandria, VA |
Salus (Commercial/Professional Insurance) Signals
Salus (Commercial/Professional Insurance) Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Oaktree Specialty Lending BDC | Lender/Debt Provider | Minority | ||
Oaktree Capital Management | Asset Manager |
Salus (Commercial/Professional Insurance) Acquisitions (1)
Salus (Commercial/Professional Insurance)’s most recent deal was a Merger/Acquisition with Method Insurance Services for . The deal was made on 08-Oct-2019.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Method Insurance Services | 08-Oct-2019 | Merger/Acquisition | Other Insurance |
Salus (Commercial/Professional Insurance) Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
Method Insurance Services | Other Insurance | Lewisville, TX |
Salus (Commercial/Professional Insurance) FAQs
-
When was Salus (Commercial/Professional Insurance) founded?
Salus (Commercial/Professional Insurance) was founded in 2013.
-
Where is Salus (Commercial/Professional Insurance) headquartered?
Salus (Commercial/Professional Insurance) is headquartered in Lewisville, TX.
-
What is the size of Salus (Commercial/Professional Insurance)?
Salus (Commercial/Professional Insurance) has 47 total employees.
-
What industry is Salus (Commercial/Professional Insurance) in?
Salus (Commercial/Professional Insurance)’s primary industry is Other Insurance.
-
Is Salus (Commercial/Professional Insurance) a private or public company?
Salus (Commercial/Professional Insurance) is a Private company.
-
What is Salus (Commercial/Professional Insurance)’s current revenue?
The current revenue for Salus (Commercial/Professional Insurance) is
. -
How much funding has Salus (Commercial/Professional Insurance) raised over time?
Salus (Commercial/Professional Insurance) has raised $2.58M.
-
Who are Salus (Commercial/Professional Insurance)’s investors?
Oaktree Specialty Lending BDC and Oaktree Capital Management have invested in Salus (Commercial/Professional Insurance).
-
Who are Salus (Commercial/Professional Insurance)’s competitors?
Pro Risk Group, Inszone Insurance Services, Brentwood Services, Hitchings Insurance, and Arendas Insurance are some of the 7 competitors of Salus (Commercial/Professional Insurance).
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