When was MGIC founded?

MGIC was founded in 1957 and raised its 1st funding round 56 years after it was founded.

Where is MGIC located?

MGIC is headquartered in Milwaukee, United States. It is registered at 250 EAST KILBOURN AVENUE, REGULATORY RELATIONS DEPT., MILWAUKEE, WI, 53202, US.

How many employees does MGIC have?

As of Jun 30, 2026, the latest employee count at MGIC is 1124.

Is MGIC a funded company?

MGIC is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Mar 07, 2013.

When was the latest funding round of MGIC?

MGIC's latest funding was a $***** Post IPO round on Mar 07, 2013, with participation from 0 investor.

Where does MGIC rank among its competitors?

MGIC ranks 1st amongst 7 active competitors, none of which are funded.

Who are the top competitors of MGIC?

MGIC's top competitors include American Residential Warranty, HomeValueProtection and Wakulla Suites. Among them, MGIC secured the most recent funding round in March, 2013.

MGIC - 2026 Company Profile, Funding & Competitors

Company Details

Website: www.mgic.com/
Social
Email ID: *****@mgic.com
Registered Address: 250 EAST KILBOURN AVENUE, REGULATORY RELATIONS DEPT., MILWAUKEE, WI, 53202, US

Key Metrics

Founded Year

1957

Location

Milwaukee, United States

Stage

Public

Latest Funding Round

Post IPO, Mar 07, 2013, $*****

Ranked

1^st among 7 active competitors

Employee Count

1,124 as on Jun 30, 2026

Similar Companies

NHBC & 13 more

Exit Details

Public

View MGIC's full profile

MGIC is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MORTGAGE GUARANTY INSURANCE CORPORATION CIN: P15680 , United States, Active	Aug 25, 1987	-	-	-

MGIC got listed on Aug 09, 1991.

Click here to take a look at MGIC's IPO in detail

MGIC has raised funding over 1 round.

Here is the list of recent funding rounds of MGIC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 07, 2013	6744897	Post IPO	7939319	7074888	1758252	7353656

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View details of MGIC's funding rounds and investors

MGIC's employee count trend

MGIC has 1,124 employees as of Jun 26. Here is MGIC's employee count trend over the years:

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Top competitors of MGIC include American Residential Warranty, HomeValueProtection and Wakulla Suites. Here is the list of Top 10 competitors of MGIC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MGIC 1957, Milwaukee (United States), Public	Internet first provider of mortgage insurance services	-	-	49/100
2nd	American Residential Warranty 2008, Boca Raton (United States), Unfunded	Internet first provider of home warranty insurance services	-	-	23/100
3rd	HomeValueProtection 2009, San Francisco (United States), Funding Raised	Limited information available	-	TriplePoint Capital, Kleiner Perkins	20/100
4th	Wakulla Suites 2003, Cocoa Beach (United States), Acquired	Internet first provider of home owner insurance services	-	-	20/100
5th	Alamance Farmers 1892, Graham (United States), Unfunded	Provider of homeowners and renters insurance	-	-	20/100
6th	HELiOS Energy 2012, Sausalito (United States), Unfunded	Internet first provider of commercial real estate property insurance and financing services	-	-	17/100
7th	Homeowners Insurance 2020, Virginia (United States), Unfunded	Provider of homeowner insurance services	-	-	16/100
8th	First Home Insurance Company 2005, Jacksonville (United States), Deadpooled	Provider of homeowner insurance services	-	Glencoe Capital	15/100