Tech Company Financing Transactions
Compare.com Funding Round
On 11/2/2018, Compare.com secured $35 million in funding from Admiral Capital and private investors.
Transaction Overview
Company Name
Announced On
11/2/2018
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
private investors (Henry Engelhardt)
Proceeds Purpose
Rose said the new funds will allow Compare.com to continue to educate consumers on the benefits of online car insurance comparison shopping, build brand awareness and users, and expand the roster of top insurers on the Compare.com platform.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
140 East Shore Dr. 300
Glen Allen, VA 23059
USA
Glen Allen, VA 23059
USA
Phone
Website
Email Address
Overview
Compare.com came about out of a desire to make finding the best price on car insurance a much easier, much quicker process. Before, if you wanted to find the best prices, you'd have to fill out multiple forms on several different insurance provider websites -- and that could take you a while.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Rose
VP - Finance
Brandon Thorne
VP - Human Resources
Dawn Davis
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