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Company profile: Canadian Direct

1.1 - Company Overview

Canadian Direct Logo

Canadian Direct

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of personal property and casualty insurance solutions in British Columbia and Alberta, offering auto insurance directly to customers through a customer-focused, technologically advanced call centre; a competitive alternative to ICBC that began by selling optional auto coverage.

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to Canadian Direct

InsuranceOnline Logo

InsuranceOnline

HQ: United States Website
  • Description: Provider of a digital insurance comparison platform offering real-time rates and insurance services. Features include comparing auto insurance rates from top-rated carriers, buying insurance online from top providers, and connecting with licensed agents for personalized assistance.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full InsuranceOnline company profile →
Frank Cowan Logo

Frank Cowan

HQ: Canada Website
  • Description: Provider of specialized insurance programs, including risk management and claims services for municipalities, healthcare, education, community, children’s and social service organizations across Canada, backed by over nine decades of industry knowledge.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Frank Cowan company profile →
Oscar Logo

Oscar

HQ: United States Website
  • Description: Provider of health insurance plans for individuals, couples, families, and small businesses, including Medicare Advantage, providing access to a network of doctors, hospitals, and pharmacies in parts of New York, New Jersey, California, and Texas; offering technology-enabled services such as virtual urgent care, no-cost virtual primary care in select areas, and app-based prescription delivery.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Oscar company profile →
Flock Logo

Flock

HQ: United Kingdom Website
  • Description: Provider of fully digital insurance for commercial motor fleets, focused on connected and autonomous vehicles. London-based insurtech offering connected insurance that enables and incentivises safer driving, so safer fleets pay less. Trusted by hundreds of companies, including Virtuo.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Flock company profile →
Money.co.uk Logo

Money.co.uk

HQ: United Kingdom Website
  • Description: Provider of UK financial comparison services for consumers and businesses, enabling comparison of credit cards, loans, savings accounts, and life insurance (including over-60 policies), plus information on investment ISAs. Also offers free expert mortgage broker services with personal recommendations, access to market data, jargon-free guides, and money-saving offers.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Money.co.uk company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Canadian Direct

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Canadian Direct

2.2 - Growth funds investing in similar companies to Canadian Direct

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4 - Top valuation comps for Canadian Direct

4.2 - Public trading comparable groups for Canadian Direct

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4.3 - M&A Transactions similar to Canadian Direct

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Canadian Direct

What does Canadian Direct do?

Canadian Direct is a provider of personal property and casualty insurance solutions in British Columbia and Alberta, offering auto insurance directly to customers through a customer-focused, technologically advanced call centre; a competitive alternative to ICBC that began by selling optional auto coverage.

Who are Canadian Direct's competitors?

Canadian Direct's competitors and similar companies include InsuranceOnline, Frank Cowan, Oscar, Flock, and Money.co.uk.

Where is Canadian Direct headquartered?

Canadian Direct is headquartered in Canada.

How many employees does Canadian Direct have?

Canadian Direct has 1,000 employees 🔒.

When was Canadian Direct founded?

Canadian Direct was founded in 2010 🔒.

What sector and industry vertical is Canadian Direct in?

Canadian Direct is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Canadian Direct

Who are the top strategic acquirers in Canadian Direct's sector and industry

Top strategic M&A buyers and acquirers in Canadian Direct's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Canadian Direct?

Top strategic M&A buyers groups and sectors for Canadian Direct include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Canadian Direct's sector and industry vertical

Which are the top PE firms investing in Canadian Direct's sector and industry vertical?

Top PE firms investing in Canadian Direct's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Canadian Direct's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Canadian Direct's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Canadian Direct's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Canadian Direct include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Canadian Direct's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Canadian Direct?

The key public trading comparables and valuation benchmarks for Canadian Direct include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Canadian Direct for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Canadian Direct with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Canadian Direct's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Canadian Direct with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Canadian Direct's' sector and industry vertical?

Access recent funding rounds and capital raises in Canadian Direct's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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