Modgic Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 1

Modgic General Information

Description

Developer of an insurance application and tool intended for commercial insurance agents, brokers, carriers and policyholders. The company offers an application for underwriting analysis, injury analysis, renewal review, mod verification and analysis, future projections and reserve effect, thereby ensuring the gap between the novice and educated, simplifying the complex and allowing educated decisions.

Contact Information

Website
www.modgic.com
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Corporate Office
  • PO Box 233
  • Solana Beach, CA 92075
  • United States
Primary Industry
Financial Software
Acquirer
Zywave
Corporate Office
  • PO Box 233
  • Solana Beach, CA 92075
  • United States

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Modgic Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Modgic Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an insurance application and tool intended for commercial insurance agents, brokers, carriers and policyhol
Financial Software
Solana Beach, CA

Marlborough, MA
 

Atlanta, GA
 
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Modgic Competitors (2)

One of Modgic’s 2 competitors is OneShield, a Private Equity-Backed company based in Marlborough, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
OneShield Private Equity-Backed Marlborough, MA
Ventiv Technology Private Equity-Backed Atlanta, GA
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Modgic FAQs

  • When was Modgic founded?

    Modgic was founded in 2013.

  • Where is Modgic headquartered?

    Modgic is headquartered in Solana Beach, CA.

  • What industry is Modgic in?

    Modgic’s primary industry is Financial Software.

  • Is Modgic a private or public company?

    Modgic is a Private company.

  • What is Modgic’s current revenue?

    The current revenue for Modgic is .

  • Who are Modgic’s competitors?

    OneShield and Ventiv Technology are competitors of Modgic.

  • When was Modgic acquired?

    Modgic was acquired on 13-May-2021.

  • Who acquired Modgic?

    Modgic was acquired by Zywave.

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