Better Agency Overview
- Year Founded
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2019
- Status
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Acquired/Merged
- Employees
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17
- Latest Deal Type
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M&A
Better Agency General Information
Description
Developer of an insurance management platform designed to give insurance agents options for marketing, prospecting, sales, and retention. The company's sales-driven association management software and customer relationship management platform allow users to use the policy downloads to automate their entire customer lifecycles such as sales, service, renewals, and claims, enabling independent agents to automate their insurance sales and processes.
Contact Information
Website
www.betteragency.ioCorporate Office
- 365 East Germann Road
- Suite 240
- Gilbert, AZ 85927
- United States
Corporate Office
- 365 East Germann Road
- Suite 240
- Gilbert, AZ 85927
- United States
Better Agency Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | Completed | Generating Revenue | ||||
| 4. Early Stage VC (Series A) | 02-May-2022 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 07-Oct-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 30-Jun-2021 | $2.12M | $2.63M | Completed | Generating Revenue | |
| 1. Seed Round | 22-Dec-2020 | $500K | $500K | Completed | Startup |
Better Agency Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 705,704 | $0.000100 | $2.3 | $2.3 | 1x | $2.3 | 8.37% |
Better Agency Comparisons
Industry
Financing
Details
Better Agency Competitors (9)
One of Better Agency’s 9 competitors is InsuredMine, a Venture Capital-Backed company based in Richardson, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| InsuredMine | Venture Capital-Backed | Richardson, TX | ||||
| Agency MVP | Venture Capital-Backed | Argyle, TX | ||||
| Palladium Pros | Corporation | Corona, CA | ||||
| EZLynx | Private Equity-Backed | Lewisville, TX | ||||
| Zywave | Private Equity-Backed | Milwaukee, WI |
Better Agency Signals
Better Agency Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AZ Disruptors | Venture Capital | Minority | ||
| Arizona Commerce Authority | Government | |||
| Arizona Tech Investors | Angel Group | Minority | ||
| Crystal Venture Partners | Venture Capital | Minority | ||
| ManchesterStory | Venture Capital | Minority |
Better Agency Acquisitions (1)
Better Agency’s most recent deal was a Merger/Acquisition with Neoteric Agent. The deal was made on 04-Apr-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Neoteric Agent | 04-Apr-2022 | Merger/Acquisition | Business/Productivity Software |
Better Agency FAQs
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When was Better Agency founded?
Better Agency was founded in 2019.
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Where is Better Agency headquartered?
Better Agency is headquartered in Gilbert, AZ.
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What is the size of Better Agency?
Better Agency has 17 total employees.
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What industry is Better Agency in?
Better Agency’s primary industry is Business/Productivity Software.
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Is Better Agency a private or public company?
Better Agency is a Private company.
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What is Better Agency’s current revenue?
The current revenue for Better Agency is .
-
How much funding has Better Agency raised over time?
Better Agency has raised $10.8M.
-
Who are Better Agency’s investors?
AZ Disruptors, Arizona Commerce Authority, Arizona Tech Investors, Crystal Venture Partners, and ManchesterStory are 5 of 8 investors who have invested in Better Agency.
-
Who are Better Agency’s competitors?
InsuredMine, Agency MVP, Palladium Pros, EZLynx, and Zywave are some of the 9 competitors of Better Agency.
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Who acquired Better Agency?
Better Agency was acquired by GloveBox.
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