Symetra Financial Overview

  • Year Founded
  • 1957

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,000

Employees

  • Latest Deal Type
  • Debt

  • Financing Rounds
  • 8

  • Investments
  • 4

Symetra Financial General Information

Description

Provider of life insurance and benefits products based in Bellevue, Washington. The company specializes in offering retirement plans, employee benefits, annuities, health and life insurance to individuals and businesses through a nationwide network of financial advisors, banks and independent agents.

Contact Information

Website
www.symetra.com
Formerly Known As
Safeco (Life & Investments Unit)
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • 777 108th Avenue North East
  • Suite 1200
  • Bellevue, WA 98004
  • United States
+1 (800)
Primary Industry
Life and Health Insurance
Corporate Office
  • 777 108th Avenue North East
  • Suite 1200
  • Bellevue, WA 98004
  • United States
+1 (800)

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Symetra Financial Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Symetra Financial Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of life insurance and benefits products based in Bellevue, Washington. The company specializes in offering reti
Life and Health Insurance
Bellevue, WA
2,000 As of 2023

Istanbul, Turkey

Shanghai, China
 
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Symetra Financial Competitors (38)

One of Symetra Financial’s 38 competitors is MetLife Emeklilik ve Hayat, a Corporate Backed or Acquired company based in Istanbul, Turkey.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
MetLife Emeklilik ve Hayat Corporate Backed or Acquired Istanbul, Turkey
Sino-American Luen Thai Metropolitan Life Insurance Venture Capital-Backed Shanghai, China
AIG Europe Corporation Oslo, Norway
New York Life Insurance Company Private Debt Financed New York, NY
Massmutual Raleigh-durham Corporation Raleigh, NC
You’re viewing 5 of 38 competitors. Get the full list »

Symetra Financial Patents

Symetra Financial Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220301068-A1 Method for managing and administering a fixed indexed life or annuity crediting strategy allocation between a traditional index linked crediting strategy and a volatility-controlled index linked crediting strategy Inactive 19-Mar-2021
US-8103529-B1 Guaranteed long-life benefit calculator Inactive 30-Jan-2009
US-8650049-B1 Online system and method for processing life insurance applications Inactive 14-Oct-2003
US-7765115-B1 Online system and method for processing life insurance applications Active 14-Oct-2003
ES-276640-Y Perfected module for construction of shocking car tracks Inactive 30-Dec-1983
To view Symetra Financial’s complete patent history, request access »

Symetra Financial Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Symetra Financial Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Symetra Financial Investments (4)

Symetra Financial’s most recent deal was a Buyout/LBO with Medical Risk Managers. The deal was made on 25-Apr-2007.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Medical Risk Managers 25-Apr-2007 Buyout/LBO Other Insurance
Guided Therapeutics 11-Aug-2003 PIPE Diagnostic Equipment
Capital One Investing 17-Apr-2000 Early Stage VC Brokerage
Atherogenics Early Stage VC Pharmaceuticals
To view Symetra Financial’s complete investments history, request access »

Symetra Financial Exits (3)

Symetra Financial’s most recent exit was on 25-Apr-2007 from Medical Risk Managers. The exit was categorized as with 9 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Medical Risk Managers 25-Apr-2007 Completed
  • 9 buyers
Capital One Investing 17-Apr-2000 Completed
  • 8 buyers
Atherogenics Early Stage VC Completed
  • 4 buyers
To view Symetra Financial’s complete exits history, request access »

Symetra Financial Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
First Symetra National Life Insurance Company of New York New York, NY 1990
Symetra Life Insurance Company Bellevue, WA 1957

Symetra Financial FAQs

  • When was Symetra Financial founded?

    Symetra Financial was founded in 1957.

  • Where is Symetra Financial headquartered?

    Symetra Financial is headquartered in Bellevue, WA.

  • What is the size of Symetra Financial?

    Symetra Financial has 2,000 total employees.

  • What industry is Symetra Financial in?

    Symetra Financial’s primary industry is Life and Health Insurance.

  • Is Symetra Financial a private or public company?

    Symetra Financial is a Private company.

  • What is Symetra Financial’s current revenue?

    The current revenue for Symetra Financial is .

  • How much funding has Symetra Financial raised over time?

    Symetra Financial has raised $250M.

  • Who are Symetra Financial’s investors?

    Berkshire Hathaway, CAI Capital Partners, Caxton (Europe), Franklin Templeton (San Mateo), and Highfields Capital Management are 5 of 10 investors who have invested in Symetra Financial.

  • Who are Symetra Financial’s competitors?

    MetLife Emeklilik ve Hayat, Sino-American Luen Thai Metropolitan Life Insurance, AIG Europe, New York Life Insurance Company, and Massmutual Raleigh-durham are some of the 38 competitors of Symetra Financial.

  • When was Symetra Financial acquired?

    Symetra Financial was acquired on 01-Apr-2024.

  • Who acquired Symetra Financial?

    Symetra Financial was acquired by Sumitomo Life Insurance Company.

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