Symetra Financial Overview
- Year Founded
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1957

- Status
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Acquired/Merged
- Employees
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2,000

- Latest Deal Type
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Debt
- Financing Rounds
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8
- Investments
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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(Operating Subsidiary)
Corporate Office
- 777 108th Avenue North East
- Suite 1200
- Bellevue, WA 98004
- United States
Corporate Office
- 777 108th Avenue North East
- Suite 1200
- Bellevue, WA 98004
- United States
Symetra Financial Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Symetra Financial Comparisons
Industry
Financing
Details
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 |
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 |
Symetra Financial Signals
Symetra Financial Former Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
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 |
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 |
|
||
Capital One Investing | 17-Apr-2000 | Completed |
|
||
Atherogenics | Early Stage VC | Completed |
|
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
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When was Symetra Financial founded?
Symetra Financial was founded in 1957.
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Where is Symetra Financial headquartered?
Symetra Financial is headquartered in Bellevue, WA.
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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.
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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.
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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.
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When was Symetra Financial acquired?
Symetra Financial was acquired on 01-Apr-2024.
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Who acquired Symetra Financial?
Symetra Financial was acquired by Sumitomo Life Insurance Company.
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