Company profile: Patra
1.1 - Company Overview
Company description
- Provider of technology-enabled insurance outsourcing that optimizes insurance processes by applying people and technology via the PatraOne platform. Supports retail agencies, MGAs, wholesalers, and carriers in selling, delivering, and managing policies and customers, backed by a global team of over 6,000 process executives.
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 Patra
VIPR Solutions
HQ: United Kingdom
Website
- Description: Provider of modern, award-winning, dedicated software solutions for the insurance market, delivering end-to-end management and focusing entirely on delegated authority business; solutions are sophisticated yet easy to use and designed to make the complicated simple.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Fastcomp
HQ: United States
Website
- Description: Provider of a technology platform for the insurance industry.
- 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 Fastcomp company profile →
Relay
HQ: United Kingdom
Website
- Description: Provider of software solutions to insurance brokers in the Republic of Ireland, widely recognised as a leading provider, offering quality software and service with unrivalled functionality and invaluable insight into broker needs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Fadata
HQ: Bulgaria
Website
- Description: Provider of a comprehensive insurance software platform, INSIS, supporting General Insurance, Health Insurance, and Life & Pensions. Offers modules for Property & Casualty operations, life and pension products, health insurance processes, and user-centric claim settling, plus an ecosystem of pre-built enterprise solutions and third-party integrations. Operates via a global distribution and partners network in more than 20 countries.
- 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 Fadata company profile →
Decision Research
HQ: United States
Website
- Description: Provider of policy administration software solutions to the Property & Casualty insurance industry, delivering end-to-end functionality for insurance companies. A software development and information technology company with a solid reputation as a proven and trusted provider since 1971.
- 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 Decision Research 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 Patra
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Buyer group 2: ████████ ████████
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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 Patra
2.2 - Growth funds investing in similar companies to Patra
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4 - Top valuation comps for Patra
4.2 - Public trading comparable groups for Patra
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