FirstBest Overview

  • Founded
  • 2006
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 51
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $37.8M
Latest Deal Amount

FirstBest General Information

Description

Provider of underwriting management software to property & casualty insurers. The company provides insurance software and services that help property & casualty insurance companies to improve underwriting profitability, scale their business and achieve high service levels with agents and brokers.

Contact Information

Website
www.firstbest.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Property and Casualty Insurance
Other Industries
Financial Software
Other Financial Services
Acquirer
Guidewire Software
Primary Office
  • 213 Burlington Road
  • Bedford, MA 01730
  • United States
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FirstBest Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Merger/Acquisition 31-Aug-2016 $37.8M 000.00 000.00 Completed Generating Revenue
5. Later Stage VC (Series C1) 16-Jan-2014 00.000 000.00 000.00 Completed Generating Revenue
4. Later Stage VC (Series C) 03-Apr-2012 000.00 0000 0000 Completed Generating Revenue
3. Early Stage VC (Series B) 24-Mar-2009 000 000.00 0000 Completed Startup
2. Early Stage VC (Series A1) 13-Nov-2007 $7M $9.3M 0000 Completed Startup
1. Early Stage VC (Series A) 17-Aug-2007 $2.3M $2.3M 000.00 Completed Startup
To view FirstBest’s complete valuation and funding history, request access »

FirstBest Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C1 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series C 0,000,000 00.000000 00.00 00.00 00 00.00 00.00
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A1 4,098,273 $0.000010 8% $1.74 $1.74 1x $1.74 14.27%
Series A 1,916,668 $0.000010 $1.2 $1.2 1x $1.2 6.68%
To view FirstBest’s complete cap table history, request access »

FirstBest Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of underwriting management software to property & casualty insurers. The company provides insurance software an
Property and Casualty Insurance
Bedford, MA
51 As of 2016
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00.00 0000-00-00
000000&0 000.00

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000000000 00000000
Shanghai, China
000 As of 0000
000.00
000000000000 000.00

00000000

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000000000 00000000
University Park, IL
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FirstBest Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
eBaoTech Private Equity-Backed Shanghai, China 000 000.00 000000000000 000.00
0000000000 Corporate Backed or Acquired University Park, IL 000000&0
0000 000000000 Venture Capital-Backed Palo Alto, CA 0000 00000 00000000000 00000
0000-000 Private Equity-Backed Tampa, FL 000 000.00 0000000 0000 000.00
0000 00000 0000000 Formerly PE-Backed Boston, MA 0000 00000 00000000 00000
You’re viewing 5 of 21 competitors. Get the full list »

FirstBest Executive Team (12)

Name Title Board Seat Contact Info
Julian Pelenur Co-Founder & Chief Technology Officer
John Belizaire Co-Founder, Chief Executive Officer and Board Member
Paul Cummings Vice President, Engineering
You’re viewing 3 of 12 executive team members. Get the full list »

FirstBest Board Members (7)

Name Representing Role Since
John Belizaire Self Co-Founder, Chief Executive Officer and Board Member 000 0000
John Chu Self Board Member 000 0000
Michael Roe Self Board Member 000 0000
Neil Spector FirstBest Board Member 000 0000
You’re viewing 4 of 7 board members. Get the full list »

FirstBest Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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FirstBest Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Eastward Capital Partners Venture Capital Minority 000 0000 000000 0
Flybridge Capital Partners Venture Capital Minority 000 0000 000000 0
NewSpring Capital Growth/Expansion Minority 000 0000 000000 0
NextStage AM Asset Manager Minority 000 0000 000000 0
Verisk Analytics Corporation Minority 000 0000 000000 0
To view FirstBest’s complete investors history, request access »

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