When was FirstBest founded?

FirstBest was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is FirstBest located?

FirstBest is headquartered in Foster City, United States.

How many employees does FirstBest have?

As of May 31, 2026, the latest employee count at FirstBest is 14.

Is FirstBest a funded company?

FirstBest is a funded company, having raised a total of $23.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 13, 2007.

When was the latest funding round of FirstBest?

FirstBest's latest funding was a $***** Series C round on Apr 04, 2012, with participation from 4 investors. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.21B in funding in 2026 to date.

Where does FirstBest rank among its competitors?

FirstBest ranks 89th amongst 701 active competitors, of which 108 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Tinubu, which secured $45M in May, 2025.

Who are the top competitors of FirstBest?

FirstBest's top competitors include Guidewire, Duck Creek and FintechOS. Among them, Tinubu secured the most recent funding round in May, 2025.

FirstBest - 2026 Company Profile, Team, Funding & Competitors

FirstBest is an acquired company based in Foster City (United States), founded in 2006 by John Belizaire. It operates as a Software solutions for P&C companies and provider of underwriting technology. FirstBest has raised $23.7M in funding from investors like Flybridge Capital Partners, NewSpring and Verisk. The company has 701 active competitors, including 108 funded and 99 that have exited. Its top competitors include companies like Guidewire, Duck Creek and FintechOS.

Company Details

FirstBest Systems provides software solutions for property and casualty insurers. It offers solutions that include underwriting workstations, agent portals, agency connectivity and new business systems. They came up with a purpose to easen the underwriting process and add more efficiency to the system. FirstBest UMS, which combines underwriting and business analyst workstations with a Web 2.0 agent portal; FirstBest Agent, a point-of-sale portal for new business and renewals with supplemental data, shared documents, notes, and email notifications; and FirstBest Application Form Reader, an automatic form image translator. The company also provides FirstBest Front Office Suite that brings agents, brokers, MGAs, MGUs and underwriters together in a collaborative underwriting process that incorporates business rules, collaboration and knowledge management tools, activities, predictive analytics, and information needed to submit, evaluate, quote, and close business.

Website: firstbest.com
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Key Metrics

Founded Year

2006

Location

Foster City, United States

Stage

Acquired

Total Funding

$23.7M in 3 rounds

Latest Funding Round

Series C, Apr 04, 2012, $*****

Investors

Flybridge Capital Partners & 5 more

Ranked

89^th among 701 active competitors

Employee Count

14 as on May 31, 2026

Similar Companies

Guidewire & 148 more

Exit Details

Acquired by Guidewire (Aug 04, 2016)

View FirstBest's full profile

FirstBest got acquired by Guidewire on Aug 04, 2016.

Click here to take a look at FirstBest's acquisition in detail

FirstBest has raised a total funding of $23.7M over 3 rounds. Its first funding round was on Nov 13, 2007. Its latest funding round was a Series C round on Apr 04, 2012 for $*****. 4 investors participated in its latest round. FirstBest has 6 institutional investors.

Here is the list of recent funding rounds of FirstBest:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 04, 2012	6383807	Series C	3903487	5730303	3017201	5155793
Mar 24, 2009	8533649	Series B	7155037	1363167	3444247	Brookstone Partners
Nov 13, 2007	7924568	Series A	6372407	9729866	Flybridge Capital Partners	Brookstone Partners

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View details of FirstBest's funding rounds and investors

The founders of FirstBest is John Belizaire.

Here are the details of FirstBest's key team members:

John Belizaire: Founder & CEO of FirstBest.

View details of FirstBest's Founder profiles and Board Members

FirstBest's employee count trend

FirstBest has 14 employees as of May 26. Here is FirstBest's employee count trend over the years:

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Top competitors of FirstBest include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of FirstBest, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Guidewire 2001, San Mateo (United States), Public	Cloud-based platform for property and casualty insurance	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Kayne Anderson Rudnick ... & 8 others	71/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Draper Esprit & 12 others	68/100
4th	Hyperexponential 2017, London (United Kingdom), Series B	Developer of software for commercial insurance pricing and underwriting workflows	$91M	Highland Europe, Battery Ventures & 11 others	68/100
5th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	General Atlantic, Riverside Management Group ... & 2 others	67/100
6th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	66/100
7th	Tinubu 2000, Moulineaux (France), Series D	Cloud-based software solutions for credit insurers, surety bonds & trade finance	$147M	Bpifrance, Long Arc Capital & 6 others	65/100
8th	OneShield 1999, Marlborough (United States), Series E	Cloud-based insurance policy and claims management solutions for the p&c insurance industry	$52.5M	Pacific Lake Partners, Bain Capital Credit ... & 12 others	65/100
9th	Newfront 2017, San Francisco (United States), Acquired	Provider of insurance brokerage and total rewards services	$300M	Meritech, Founders Fund & 25 others	64/100
10th	Arya.ai 2013, Mumbai (India), Acquired	Provider of AI-powered platforms and APIs for financial services	$2.19M	YourNest, DMI Sparkle Fund & 44 others	64/100
89th	FirstBest 2006, Foster City (United States), Acquired	Software solutions for P&C companies and provider of underwriting technology	$23.7M	Flybridge Capital Partners, Eastward Capital Partners ... & 4 others	44/100