Florida Specialty Insurance Company Overview
- Year Founded
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1997
- Status
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Private
- Latest Deal Type
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Bankr. Admin/Reorg
Florida Specialty Insurance Company General Information
Description
Provider of property insurance products and related services intended to provide property coverage for Florida residents. The company's products offer affordable insurance coverages, enabling homeowners, condo owners, renters and to explore a vast range of coverage options for their properties.
Contact Information
Website
www.floridaspecialty.comCorporate Office
- 1 South School Avenue
- Sarasota, FL 34237
- United States
Corporate Office
- 1 South School Avenue
- Sarasota, FL 34237
- United States
Florida Specialty Insurance Company Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Bankruptcy: Admin/Reorg | 02-Oct-2019 | Completed | Bankruptcy: Admin/Reorg | |||
| 3. Later Stage VC (Series D) | 24-Aug-2017 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 14-Aug-2015 | $14.5M | $14.5M | Completed | Generating Revenue | |
| 1. Merger/Acquisition | 01-Jan-2015 | Completed | Generating Revenue |
Florida Specialty Insurance Company Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | 35,000 | $0.000010 | 12% | $100 | $100 | 1x | $100 | 15.22% |
| Series A | 25,390 | $0.000010 | 12% | $100 | $100 | 1x | $100 | 11.04% |
Florida Specialty Insurance Company Acquisitions (1)
Florida Specialty Insurance Company’s most recent deal was a Merger/Acquisition with Mount Beacon Insurance. The deal was made on 07-Jun-2016.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Mount Beacon Insurance | 07-Jun-2016 | Merger/Acquisition | Property and Casualty Insurance |
Florida Specialty Insurance Company FAQs
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When was Florida Specialty Insurance Company founded?
Florida Specialty Insurance Company was founded in 1997.
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Where is Florida Specialty Insurance Company headquartered?
Florida Specialty Insurance Company is headquartered in Sarasota, FL.
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What industry is Florida Specialty Insurance Company in?
Florida Specialty Insurance Company’s primary industry is Property and Casualty Insurance.
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Is Florida Specialty Insurance Company a private or public company?
Florida Specialty Insurance Company is a Private company.
-
What is Florida Specialty Insurance Company’s current revenue?
The current revenue for Florida Specialty Insurance Company is .
-
How much funding has Florida Specialty Insurance Company raised over time?
Florida Specialty Insurance Company has raised $16.4M.
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