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Allstate - About the company

Allstate is a public company based in Chicago (United States), founded in 1931. It operates as an Internet first provider of life, property, auto, and business insurance services. The company has 114 active competitors, including 6 funded and 33 that have exited. Its top competitors include companies like Lemonade, Progressive Insurance and AIG.

Company Details

In 2023, the company recorded annual revenues of $52.86B and a net loss of $2.29B
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Phone Number
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Key Metrics
Founded Year
1931
Location
Chicago, United States
Stage
Public
Investors
Ranked
Annual Revenue
$1B+ as on Dec 31, 2019
Employee Count
54,787 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Allstate's IPO details

Allstate got listed on Jun 04, 1993.
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Allstate's funding and investors

Allstate is a funded company. Allstate has 1 angel investor.

Allstate's founders and board of directors

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Allstate's employee count trend

Allstate has 54,787 employees as of Apr 26. Here is Allstate's employee count trend over the years:
Employee count trend for Allstate
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Allstate's Competitors and alternates

Top competitors of Allstate include Lemonade, Progressive Insurance and AIG. Here is the list of Top 10 competitors of Allstate, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lemonade
Lemonade
2015, New York City (United States), Public
Provider of various insurance policies including car, pet, home, and life
$644M
83/100
2nd
Logo for Progressive Insurance
Progressive Insurance
1937, Mayfield Heights (United States), Public
Internet first provider of life, health, auto, home, and business insurance services
-
71/100
3rd
Logo for AIG
AIG
1919, New York City (United States), Public
Internet first provider of life, health, accident & travel insurance services
-
71/100
4th
Logo for Allstate
Allstate
1931, Chicago (United States), Public
Internet first provider of life, property, auto, and business insurance services
-
-
66/100
5th
Logo for Amica
Amica
1907, Lincoln (United States), Early Stage
Internet first provider of life, health, home, auto, marine & business insurance services
$2M
62/100
6th
Logo for The Standard
The Standard
1906, Portland (United States), Unfunded
Internet first provider of life, disability, dental & vision insurance services
-
-
61/100
7th
Logo for Aflac
Aflac
1955, Columbus (United States), Public
Internet first provider of life, vision & dental insurance services
-
60/100
8th
Logo for Coverwallet
Coverwallet
2015, New York City (United States), Acquired
Online insurance platform for businesses
$28.3M
55/100
9th
Insurance brokerage firm
-
52/100
10th
Logo for Great American Insurance Group
Great American Insurance Group
1872, Cincinnati (United States), Acquired
Internet first provider of diversified insurance services
-
-
50/100
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Allstate's Investments and acquisitions

Allstate has made 8 investments in companies including Moderne and Next Insurance. Allstate has also acquired 7 companies including Safe Auto and National General Insurance.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 11, 2025
Investments
2020
Oct 02, 2023
Investments
2016
Palo Alto (United States)
Dec 10, 2021
Investments
2013
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Reports related to Allstate

Here is the latest report on Allstate's sector:

News related to Allstate

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Media has covered Allstate for a total of 143 events in the last 1 year, 112 of them have been about company updates and 1 about partnerships.
•
Allstate to Launch Personal AI Assistant for CustomersInsurance Journal•Nov 06, 2026•Allstate
•
Allstate Reports Excellent Q3 2026 ResultsPR Newswire•Nov 05, 2026•Allstate
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