Fadata - About the company
Fadata is an acquired company based in Munich (Germany), founded in 1990 by Boyko Kotchev. It operates as a Platform offering life and property and casualty insurance software. Fadata has raised an undisclosed amount in funding from Charles Taylor. The company has 729 active competitors, including 114 funded and 108 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.
Company Details
Platform offering life and property and casualty insurance software. Its cloud-enabled platform is designed to streamline insurance operations. It provides an enterprise software system that supports various lines of insurance business. It also enables organizations to automate their processes and adapt to changing market demands.
- Website
- fadata.eu
- Email ID
- *****@fadata.eu
- Phone Number
- +49 **********
Key Metrics
Founded Year
1990
Location
Munich, Germany
Stage
Acquired
Latest Funding Round
Investors
Ranked
110th among 729 active competitors
Employee Count
283 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Riverside (Dec 18, 2015)
Legal entities associated with Fadata
Fadata is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FADATA Germany GmbH CIN: HRB145186 , Germany, Active | Jan 01, 1990 | - | - | |
FADATA GmbH CIN: HRB733020 , Germany, Active | Jan 11, 2016 | - | - | |
FADATA Germany GmbH CIN: D2601_HRB145186 , Germany, Active | - | 19 (As on Dec 31, 2022) |
Fadata's acquisition details
Fadata got acquired by Riverside and Charles Taylor on Dec 18, 2015.
Click here to take a look at Fadata's acquisition in detail
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Fadata's funding and investors
Fadata has raised funding over 1 round. Its latest funding round was a Unattributed round on Sep 28, 2017 for $*****. 1 investor participated in its latest round. Fadata has 2 institutional investors.
Here is the list of recent funding rounds of Fadata:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 28, 2017 | 8374893 | Unattributed | 4631766 | 1216500 | 2836531 | 6746699 |
View details of Fadata's funding rounds and investors
Fadata's founders and board of directors
Founder? Claim ProfileThe founders of Fadata is Boyko Kotchev.
Here are the details of Fadata's key team members:
- Boyko Kotchev: Former Founder of Fadata. Contact Info: 1 email address
View details of Fadata's Founder profiles and Board Members
Fadata's employee count trend
Fadata has 283 employees as of Aug 26. Here is Fadata's employee count trend over the years:
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Fadata's Competitors and alternates
Top competitors of Fadata include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Fadata, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Guidewire 2001, San Mateo (United States), Public | Developer of software platforms for property and casualty insurance operations | - | 77/100 | |
2nd | Duck Creek 2000, Boston (United States), Acquired | Provider of cloud-based solutions for property and casualty and general insurance | $350M | 71/100 | |
3rd | FintechOS 2017, London (United Kingdom), Series B | Provider of AI-based software suite for the banking and insurance industry | $146M | 68/100 | |
4th | Bestow 2016, Dallas (United States), Series D | Developer of life insurance new business and administration software platform solutions | $216M | 68/100 | |
5th | Insurity 1985, Hartford (United States), Acquired | AI and cloud-based policy management and claims administration solutions | $57M | 67/100 | |
6th | Bold Penguin 2016, Columbus (United States), Acquired | Software suite for the commercial insurance industry | $50.1M | 67/100 | |
7th | iPipeline 1995, Exton (United States), Acquired | Cloud-based software suite for life insurance and financial services industry | $104M | 66/100 | |
8th | Cloud-based software solutions for credit insurers, surety bonds & trade finance | $147M | 65/100 | ||
9th | Hyperexponential 2017, London (United Kingdom), Series B | Developer of software for commercial insurance pricing and underwriting workflows | $91M | 65/100 | |
10th | Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired | Software solutions for life insurance and wealth management | $28.4M | 64/100 | |
110th | Platform offering life and property and casualty insurance software | - | 42/100 |
Looking for more details on Fadata's competitors? Click here to see the top ones
Fadata's Investments and acquisitions
Fadata has acquired Impeo Software. Fadata has not made any investments as of now.Reports related to Fadata
Here is the latest report on Fadata's sector:
News related to Fadata
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Fadata and FRISS Announce Solution Partnership to Revolutionize Risk Management and Fraud DetectionFintech Finance•Nov 27, 2024•Fadata, FRISS
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Newgen and Fadata Join Forces to Optimize Insurance Content ManagementFintech Finance•Nov 11, 2024•Newgen, Fadata
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Matu Assurance Set to Expand as it Selects Fadata Core SolutionResponseSource•Feb 23, 2024•MATU Assurance, Fadata
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Fadata Partners With DICEUS, Adding Chatbot Solution to EcosystemResponseSource•Feb 06, 2024•Fadata, Diceus
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Fadata Ecosystem Promises Data Migration Efficiency with Dacon PartnershipResponseSource•Dec 13, 2023•Fadata, Dacon
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Fadata Ecosystem Expands with Newgen’s OmniDocs Document Management SystemResponseSource•Sep 14, 2023•Fadata, Newgen
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