When was BGL Group founded?

BGL Group was founded in 1992 and became a unicorn in 2017, reaching the milestone in 25 years. It raised its 1st funding round 4 years after its incorporation.

Where is BGL Group located?

BGL Group is headquartered in Peterborough, United Kingdom.

Which legal entities is BGL Group associated with?

BGL Group is associated with BGL GROUP LIMITED and 1 other.

How many employees does BGL Group have?

As of Mar 31, 2026, the latest employee count at BGL Group is 772.

Is BGL Group a funded company?

BGL Group is a funded company, having raised a total of $906M across 2 funding rounds to date. The company's 1st funding round was a $10M Unattributed round, raised on Jun 28, 1996.

How much is BGL Group worth?

The latest valuation of BGL Group is $3.2B as of Aug 15, 2022.

When was the latest funding round of BGL Group?

BGL Group's latest funding was a $896M Series E round on Nov 23, 2017, with participation from 1 investor.

Is BGL Group a Internet First Insurance Platforms company?

The primary sector of BGL Group is Internet First Insurance Platforms.

Where does BGL Group rank among its competitors?

BGL Group ranks 3rd amongst 53 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was MetLife, which secured $157M in Apr, 2025.

Who are the top competitors of BGL Group?

BGL Group's top competitors include MetLife, Legal & General and Saga. Among them, MetLife secured the most recent funding round in April, 2025.

BGL Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that BGL Group operate in

BGL Group serves in the FinTech, InsurTech market segments.The primary business model of BGL Group are:

Company Details

Digital distributor of insurance and financial services. Its offering includes vehicle and home insurance, with multiple supplementary products such as breakdown coverage. The platform runs multiple consumer-facing price comparisons and product purchasing portals. Its businesses and brands include compare-the-market, les-furets, and beagle-street.

Key Metrics

Founded Year

1992

Location

Peterborough, United Kingdom

Stage

Series E

Total Funding

$906M in 2 rounds

Latest Funding Round

Series E, Nov 23, 2017, $896M

Post Money Valuation

$3.2B as on Aug 15, 2022

Investors

CPP Investments

Ranked

3^rd among 53 active competitors

Employee Count

772 as on Mar 31, 2026

Investment & Acquisitions

ThingCo & 2 more

Similar Companies

ACKO & 507 more

View BGL Group's full profile

BGL Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BGL GROUP LIMITED CIN: 2593690 , Germany, Active		-	804 (As on Jun 30, 2023)
BGL (HOLDINGS) LIMITED CIN: 10432465 , United Kingdom, Active		$593M (As on Jun 30, 2022)	904 (As on Jun 30, 2023)

BGL Group has raised a total funding of $906M over 2 rounds. Its first funding round was on Jun 28, 1996. Its latest funding round was a Series E round on Nov 23, 2017 for $896M. 1 investor participated in its latest round. BGL Group has 1 institutional investor.

Here is the list of recent funding rounds of BGL Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 23, 2017	$896M	Series E	-	-	CPP Investments	-
Jun 28, 1996	$10M	Unattributed	$33M	-	-	-

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View details of BGL Group's funding rounds and investors

The founders of BGL Group is Douw Steyn.

Here are the details of BGL Group's key team members:

Douw Steyn: Founder of BGL Group and founder of 1 other company.

BGL Group's Board of Directors

BGL Group's board has 6 active members. Mark Bailie and Ian Robert Leech are part of team and Alison Deborah Hewitt, Dominic James Platt, Leslie Blignaut and Stephen Klinkert are independent board members.

Here is the list of BGL Group's board of directors:

Name	Type	Representing	Status	Duration
Mark Bailie	Team	-	Current	5y 6m
Martin John Overton	Team	-	Past	1y 5m
Matthew Donaldson	Team	-	Past	3y 3m
Jitesh Kishorekumar Gadhia	Team	-	Past	1y 3m
Jonathan Ardron	Team	-	Past	3y 6m
Ian Robert Leech	Team	-	Past	0y 4m
Patricia Doreen Jackson	Team	-	Past	0y 7m
Alison Deborah Hewitt	Independent board member	-	Current	8y 8m
Dominic James Platt	Independent board member	-	Current	9y 0m
Leslie Blignaut	Independent board member	-	Current	30y 10m
David Stewart Downie	Independent board member	-	Past	1y 1m
Kalvinder Atwal	Independent board member	-	Past	1y 9m
Irene Potter	Independent board member	-	Past	0y 0m
Douw Steyn	Independent board member	-	Past	18y 7m
Franco Joseph Luigi Cotumaccio	Independent board member	-	Past	0y 2m
Seamus Declan Keating	Independent board member	-	Past	3y 8m
Cheryl Dawn Clifford	Independent board member	-	Past	7y 1m
Peter Anthony Winslow	Independent board member	-	Past	20y 8m
Alasdair Bruce Lenman	Independent board member	-	Past	2y 5m
Stephen Klinkert	Independent board member	-	Past	5y 6m
Robin Phipps	Independent board member	-	Past	0y 11m
Richard Ho	Independent board member	-	Past	1y 5m
Maurice Jack Fluxman	Independent board member	-	Past	0y 3m

View details of BGL Group's Founder profiles and Board Members

BGL Group's employee count trend

BGL Group has 772 employees as of Mar 26. Here is BGL Group's employee count trend over the years:

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Top competitors of BGL Group include MetLife, Legal & General and Saga. Here is the list of Top 10 competitors of BGL Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, Village Capital & 1 others	73/100
2nd	Legal & General 1836, London (United Kingdom), Public	Internet first provider of life, home, pet, and other insurance services	-	BOMI	53/100
3rd	BGL Group 1992, Peterborough (United Kingdom), Series E	Digital distributor of insurance and financial services	$906M	CPP Investments	53/100
4th	Saga 1951, Folkestone (United Kingdom), Public	Internet first provider of health, motor, travel, and other insurance services	-	Elliott Management	52/100
5th	MicroEnsure 2002, Cheltenham (United Kingdom), Acquired	Online micro-insurance platform for low-income individuals and businesses	$28M	Omidyar Network, Telenor & 6 others	46/100
6th	Stable 2017, London (United Kingdom), Series B	Provider of AI and web-enabled supply chain risk management solutions	$354M	Anthemis Group, Greycroft & 12 others	46/100
7th	Liberty Specialty Markets 1994, London (United Kingdom), Unfunded	Provider of health care, property, auto, professional & marine insurance and reinsurance services	-	-	42/100
8th	Churchill 1990, London (United Kingdom), Unfunded	Distributor of insurance products over the phone and web	-	-	40/100
9th	Bima Milvik 2010, London (United Kingdom), Acquired	Provider of healthcare and insurance services	$186M	Kinnevik, Allianz X & 6 others	38/100
10th	The Exeter 2008, Exeter (United Kingdom), Unfunded	Mutual healthcare and protection insurer	-	-	36/100

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BGL Group has made 1 investment in ThingCo and acquired Bean and Courtanet.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 06, 2021	Investments	ThingCo	2018	London (United Kingdom)
Oct 26, 2018	Acquisition	Bean	2016	London (United Kingdom)
Nov 25, 2010	Acquisition	Courtanet	2007	Paris (France)