Safekeep - About the company
Safekeep is an acqui-hired company based in New York City (United States), founded in 2000 by Tom Korach. It operates as an AI-based claims management and recovery solutions. Safekeep has raised an undisclosed amount in funding from Impression Ventures. The company has 28 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like CCC, Homee and Next Gear Solutions.
Company Details
AI-based claims management and recovery solutions. It offers cloud-based claims data management, claims notes management, police reports, medical reports, and more. It also offers recovery detection and claims workflow management solutions.
- Website
- safekeep.com
- Email ID
- *****@safekeep.com
Key Metrics
Founded Year
2000
Location
New York City, United States
Stage
Acqui-Hired
Latest Funding Round
Investors
Ranked
12th among 28 active competitors
Employee Count
14 as on Jul 01, 2024
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Safekeep's funding and investors
Safekeep has raised funding over 1 round. Its latest funding round was a Unattributed round on 2020 for $*****. 1 investor participated in its latest round. Safekeep has 4 institutional investors.
Here is the list of recent funding rounds of Safekeep:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2020 | 7651 | Unattributed | 3395 | 2172 | 1158 | 4516 |
View details of Safekeep's funding rounds and investors
Safekeep's founders and board of directors
Founder? Claim ProfileThe founders of Safekeep is Tom Korach. Jeff To is the CEO of Safekeep.
Here are the details of Safekeep's key team members:
- Tom Korach: Co-Founder of Safekeep.
- Jeff To: CEO of Safekeep.
View details of Safekeep's Founder profiles and Board Members
Safekeep's employee count trend
Safekeep has 14 employees as of Jul 24. Here is Safekeep's employee count trend over the years:
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Safekeep's Competitors and alternates
Top competitors of Safekeep include CCC, Homee and Next Gear Solutions. Here is the list of Top 10 competitors of Safekeep, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CCC 1980, Chicago (United States), Public | AI and cloud-driven insurance claims solution for the insurance and automotive industry | $16.9M | 73/100 | |
2nd | Homee 2016, Tampa (United States), Series C | Online marketplace to book on-demand home service professionals | $62.4M | 58/100 | |
3rd | Next Gear Solutions 2008, Memphis (United States), Acquired | Job management tools for restoration companies and contractors | $11.1M | 55/100 | |
4th | Claim assessment & property repair platform | $4.5M | 41/100 | ||
5th | Openclaims 2015, Amsterdam (Netherlands), Seed | Online solution for auto insurance claim management | $1.85M | 40/100 | |
6th | Loop Logics 2019, Nerang (Australia), Unfunded | Developer of software for managing construction projects and trade operations | - | - | 29/100 |
7th | Insurance claims and compliance solutions for the motor insurers | - | - | 28/100 | |
8th | DigsFact 2018, Chicago (United States), Seed | Offers AR & web-based property renovation cost estimation solutions | - | 28/100 | |
9th | Omega Glass 2011, Salt Lake City (United States), Unfunded | Cloud-based auto glass software for mobile technicians and business management | - | - | 27/100 |
10th | Moisture Mapper 2003, Boston (United States), Acquired | Water damage claims management solutions | $100K | - | 27/100 |
12th | Safekeep 2000, New York City (United States), Acqui-Hired | AI-based claims management and recovery solutions | - | 27/100 |
Looking for more details on Safekeep's competitors? Click here to see the top ones
Safekeep's Investments and acquisitions
Safekeep has made no investments or acquisitions yet.
Reports related to Safekeep
Here is the latest report on Safekeep's sector:
News related to Safekeep
•
CCC Intelligent Solutions acquires Safekeep; terms not disclosedSeeking Alpha•Feb 09, 2022•CCC, Safekeep
•
Safekeep, Inc Announces Partnership with Duck Creek TechnologiesIireporter•Oct 13, 2021•Safekeep, Duck Creek
•
Branch Insurance Announces Innovation Partnership with Safekeep, IncAiThority•Sep 17, 2021•Branch, Safekeep
•
Root, Inc. Announces Innovation Partnership with Safekeep, IncGlobeNewswire•May 26, 2021•Root, Safekeep
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