TechCanary - About the company
TechCanary is an acqui-hired company based in Milwaukee (United States), founded in 2013 by Reid Holzworth. It operates as a Cloud-based agency management solutions for the insurance industry. TechCanary has raised $200K in funding. The company has 419 active competitors, including 60 funded and 44 that have exited. Its top competitors include companies like Wefox, Agentero and 180 Seguros.
Company Details
Cloud-based agency management solutions for the insurance industry. Management System including CRM SalesForce platform for clients includes insurance agencies and agents. The combined solution is TechCanary's Core product Canary AMS.
- Website
- techcanary.com
- Registered Address
- Milwaukee, Wisconsin
Key Metrics
Founded Year
2013
Location
Milwaukee, United States
Stage
Acqui-Hired
Total Funding
$200K in 1 round
Latest Funding Round
Ranked
257th among 419 active competitors
Employee Count
12 as on Dec 31, 2019
Investment & Acquisitions
Legal entities associated with TechCanary
TechCanary is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TECH CANARY CORPORATION CIN: 371717348 , United States, Active | Dec 31, 1999 | - | 12 (As on Dec 31, 2019) | - |
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TechCanary's funding and investors
TechCanary has raised a total funding of $200K over 1 round.
Here is the list of recent funding rounds of TechCanary:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 26, 2016 | 2870852 | Seed | 6795539 | 6082995 | 7710379 | 4324881 |
View details of TechCanary's funding rounds and investors
TechCanary's founders and board of directors
Founder? Claim ProfileThe founders of TechCanary is Reid Holzworth.
Here are the details of TechCanary's key team members:
- Reid Holzworth: Former Founder of TechCanary.
View details of TechCanary's Founder profiles and Board Members
TechCanary's employee count trend
TechCanary has 12 employees as of Dec 19. The total employee count is 69.0% lower than what it was in Dec 18. Here is TechCanary's employee count trend over the years:
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TechCanary's Competitors and alternates
Top competitors of TechCanary include Wefox, Agentero and 180 Seguros. Here is the list of Top 10 competitors of TechCanary, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wefox 2015, Roggwil (Switzerland), Acquired | App-based P&C insurance comparison platform for individuals | $1.61B | 69/100 | |
2nd | Agentero 2017, Berkeley (United States), Series A | App-based agency management solutions for insurance agents | $23.5M | 67/100 | |
3rd | 180 Seguros 2020, Brazil, Series A | Platform offering personalized home insurance solutions | $52M | 62/100 | |
4th | Sixfold 2023, New York City (United States), Series B | AI-based platform offering software for insurance intermediaries and agency management | $51.5M | 61/100 | |
5th | Stubben Edge 2010, London (United Kingdom), Series A | Cloud-based insurance agency management solutions for insurance brokers | $37.1M | 61/100 | |
6th | COVU 2004, Redwood City (United States), Series B | Provider of insurance agency management solutions | $50M | 60/100 | |
7th | Keystone Agency Partners 2020, Harrisburg (United States), Acquired | Insurance agency management solutions for the insurance industry | - | 60/100 | |
8th | Zywave 1995, Milwaukee (United States), Acquired | Provider of cloud-based agency management solutions for the insurance industry | - | 60/100 | |
9th | FIDX 2017, Berwyn (United States), Series B | Provider of technology solutions connecting brokerage, insurance, and advisory ecosystems | $15.9M | 59/100 | |
10th | Nayms 2019, London (United Kingdom), Series A | Software for insurance intermediaries | $12M | 58/100 | |
257th | TechCanary 2013, Milwaukee (United States), Acqui-Hired | Cloud-based agency management solutions for the insurance industry | $200K | - | 22/100 |
Looking for more details on TechCanary's competitors? Click here to see the top ones
TechCanary's Investments and acquisitions
TechCanary has acquired 2 companies including Terminus Consulting and Terminus. TechCanary has not made any investments as of now.News related to TechCanary
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Applied Systems Acquires Agency CRM System TechCanaryInsurance Journal•Apr 11, 2019•Applied, TechCanary
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Wawanesa Mutual Selects TechCanary for Distribution ManagementInsurance Innovation Reporter•Sep 27, 2018•Wawanesa Insurance, TechCanary
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Burton and Company Deploys TechCanary Agency Management SystemBusiness Wire•Sep 06, 2018•TechCanary, Burton & Company
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Proven Tech Executive Pat Forgione Joins TechCanary as Chief Technology Officer (CTO)Business Wire•Jun 21, 2018•TechCanary
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Salesforce Executive Saima Shaukat Joins TechCanary as Chief Revenue Officer (CRO)Business Wire•Jun 05, 2018•TechCanary
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TechCanary Scores Big in Aviva Canada’s Broker Insurance Tech AwardsBusiness Wire•Apr 03, 2018•TechCanary
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McGohan Brabender Modernizes on TechCanary Agency Management System Insurance Innovation Reporter•Feb 21, 2018•McGohan Brabender, TechCanary
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