Credible Insurance Overview
- Year Founded
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2012
- Status
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Acquired/Merged
- Employees
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225
- Latest Deal Type
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M&A
- Latest Deal Amount
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$264M
Credible Insurance General Information
Description
Provider of an online loan financing marketplace intended for users to compare personalized, prequalified rates and quotes from multiple lenders and carriers, for student loans, mortgages, personal loans, and insurance. The company offers services comprising student loans, personal loans, credit cards, and student loan refinancing, along with personal loans for home improvement, moving costs, wedding expenses, vacations and other financial goals, thereby helping people make better borrowing decisions by simplifying the process of comparing and taking out loans.
Contact Information
Website
www.credible.com(Operating Subsidiary)
Corporate Office
- 1700 Market Street
- Suite 1005
- Philadelphia, PA 19103
- United States
Corporate Office
- 1700 Market Street
- Suite 1005
- Philadelphia, PA 19103
- United States
Credible Insurance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 17-Oct-2019 | $264M | Completed | Generating Revenue | ||
| 5. IPO | 08-Dec-2017 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 18-Jan-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 07-Oct-2015 | Completed | Generating Revenue | |||
| 2. Seed Round | 19-Feb-2015 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 20-May-2014 | Completed | Generating Revenue |
Credible Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A |
Credible Insurance Comparisons
Industry
Financing
Details
Credible Insurance Competitors (18)
One of Credible Insurance’s 18 competitors is Splash Financial, a Venture Capital-Backed company based in Cleveland, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Splash Financial | Venture Capital-Backed | Cleveland, OH | ||||
| i2ifunding | Venture Capital-Backed | Ghaziabad, India | ||||
| RateSetter | Formerly VC-backed | London, United Kingdom | ||||
| Prodigy Finance | Venture Capital-Backed | London, United Kingdom | ||||
| Credit Sesame | Private Equity-Backed | Mountain View, CA |
Credible Insurance Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Credible Insurance Patents
Credible Insurance Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-10489854-B2 | Conditional transaction offer system and method | Active | 23-Feb-2014 | ||
| US-20160019642-A1 | Conditional transaction offer system and method | Active | 23-Feb-2014 | ||
| US-20200090270-A1 | Conditional transaction offer system and method | Inactive | 23-Feb-2014 | ||
| US-20220277390-A1 | Conditional transaction offer system and method | Pending | 23-Feb-2014 | G06Q40/03 |
Credible Insurance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Credible Insurance Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alium Capital Management | PE/Buyout | Minority | ||
| Assured Asset Management | Asset Manager | Minority | ||
| Cap-Meridian Ventures | Venture Capital | Minority | ||
| Carthona Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Credible Insurance Acquisitions (1)
Credible Insurance’s most recent deal was a Merger/Acquisition with Young Alfred. The deal was made on 08-Dec-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Young Alfred | 08-Dec-2021 | Merger/Acquisition | Other Insurance |
Credible Insurance FAQs
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When was Credible Insurance founded?
Credible Insurance was founded in 2012.
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Where is Credible Insurance headquartered?
Credible Insurance is headquartered in Philadelphia, PA.
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What is the size of Credible Insurance?
Credible Insurance has 225 total employees.
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What industry is Credible Insurance in?
Credible Insurance’s primary industry is Consumer Finance.
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Is Credible Insurance a private or public company?
Credible Insurance is a Private company.
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What is the current valuation of Credible Insurance?
The current valuation of Credible Insurance is .
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What is Credible Insurance’s current revenue?
The current revenue for Credible Insurance is .
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How much funding has Credible Insurance raised over time?
Credible Insurance has raised $61M.
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Who are Credible Insurance’s investors?
Alium Capital Management, Assured Asset Management, Cap-Meridian Ventures, Carthona Capital, and are 5 of 19 investors who have invested in Credible Insurance.
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Who are Credible Insurance’s competitors?
Splash Financial, i2ifunding, RateSetter, Prodigy Finance, and Credit Sesame are some of the 18 competitors of Credible Insurance.
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When was Credible Insurance acquired?
Credible Insurance was acquired on 17-Oct-2019.
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Who acquired Credible Insurance?
Credible Insurance was acquired by Fox (Movies, Music and Entertainment).
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