Castek Software Overview

  • Year Founded
  • 1990

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Castek Software General Information

Description

Developer of core-business processing systems. The company offers a lifecycle administration software for large- and mid-sized property and casualty insurers.

Contact Information

Website
www.castek.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Yonge Street
  • Suite 2300
  • Toronto, Ontario M5E 1E5
  • Canada
Primary Industry
Financial Software
Other Industries
Other Insurance
Acquirer
Oracle Financial Services Software
Vertical(s)
TMT
Corporate Office
  • 1 Yonge Street
  • Suite 2300
  • Toronto, Ontario M5E 1E5
  • Canada

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Castek Software Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 01-Aug-2007 Completed Profitable
6. Later Stage VC 24-May-2005 Completed Profitable
5. Secondary Transaction - Private 01-Jan-2005 Completed Profitable
4. Later Stage VC (Series C) 22-Jul-2002 Completed Generating Revenue
3. Later Stage VC 01-Jan-2002 Completed Generating Revenue
2. Later Stage VC (Series B) 01-Jun-2001 $10M $10M Completed Generating Revenue
1. Early Stage VC Completed Startup
To view Castek Software’s complete valuation and funding history, request access »

Castek Software Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
Altamira Capital Partners Growth/Expansion Minority
CIBC Capital Partners Investment Bank Minority
Capital-C Ventures Venture Capital Minority
Covington Capital Corporation Venture Capital Minority
Hero Ventures (Canada) Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

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Castek Software FAQs

  • When was Castek Software founded?

    Castek Software was founded in 1990.

  • Where is Castek Software headquartered?

    Castek Software is headquartered in Toronto, Canada.

  • What industry is Castek Software in?

    Castek Software’s primary industry is Financial Software.

  • Is Castek Software a private or public company?

    Castek Software is a Private company.

  • What is Castek Software’s current revenue?

    The current revenue for Castek Software is .

  • How much funding has Castek Software raised over time?

    Castek Software has raised $55.6M.

  • Who are Castek Software’s investors?

    Altamira Capital Partners, CIBC Capital Partners, Capital-C Ventures, Covington Capital Corporation, and Hero Ventures (Canada) are 5 of 8 investors who have invested in Castek Software.

  • When was Castek Software acquired?

    Castek Software was acquired on 01-Aug-2007.

  • Who acquired Castek Software?

    Castek Software was acquired by Oracle Financial Services Software.

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