Guidewire

Guidewire develops a software as a service based platform that provides policy administration, underwriting, and data analytics solutions for property and casualty insurers. Read more

1,224 Followers on Owler
1,224 Followers on Owler
1,224 Followers on Owler
1,224 Followers on Owler

Guidewire

Guidewire develops a software as a service based platform that provides policy administration, underwriting, and data analytics solutions for property and casualty insurers. Read more

Mike Rosenbaum's photo - CEO of Guidewire

CEO

Mike Rosenbaum

CEO Approval Rating

77/100

Founded:

2001

Status:

PublicIndependent CompanyNYSEGWRE

GUIDEWIRE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Insuresoft is Guidewire's biggest rival. Insuresoft was founded in 1993, and is headquartered in Tuscaloosa, Alabama. Like Guidewire, Insuresoft also works within the Internet Software sector. Insuresoft generates $716.7M less revenue vs. Guidewire.

Insurity is one of Guidewire's top competitors. Insurity's headquarters is in Hartford, Connecticut, and was founded in 1971. Like Guidewire, Insurity also works within the Internet Software sector. Insurity generates 13% of Guidewire's revenue.

Duck Creek is seen as one of Guidewire's top competitors. Duck Creek is a Public company that was founded in 2000 in Boston, Massachusetts. Duck Creek operates in the Internet Software industry. Compared to Guidewire, Duck Creek has 950 fewer employees.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Prime Technology Group a competitor of Guidewire?

Guidewire Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$761.7M

Guidewire's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 121.5M. Over the last four quarters, Guidewire's revenue has grown by 7.1%. Specifically, in Q1 2021's revenue was $180.1M; in Q4 2020, it was $169.8M; in Q3 2020, it was $243.7M; in Q2 2020, Guidewire's revenue was $168.2M.

Guidewire Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cyence

Oct 2017

Source »
$275M
Cyence develops a cyber risk modeling platform that offers data collection, cybersecurity and big data analytics solutions for the insurance sector.
ISCS, Inc.

Dec 2016

Source »
$160M
ISCS designs, develops, builds and delivers cloud based software for policy administration in the property and casualty insurance industry.
FirstBest Systems, Inc.

Aug 2016

Source »
undisclosed
FirstBest Systems is a provider of underwriting workstations for property and casualty insurance companies.
EagleEye Analytics

Mar 2016

Source »
$42M
EagleEye offers predictive analytics software and consulting services to the property and casualty insurance enterprises.

These are all the companies that Guidewire has acquired. Guidewire has acquired 4 companies and its latest acquisition was Cyence in Oct 2017. Cyence develops a cyber risk modeling platform that offers data collection, cybersecurity and big data analytics solutions for the insurance sector.

Guidewire Funding History

Since Guidewire was founded in 2001, it has participated in 2 rounds of funding. In total Guidewire has raised $115.0M. Guidewire's last funding round was on Jan 2012 for a total of $115.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jan 2012
$115M

Series A
Sep 2001
--

Bay Partners

Since Guidewire was founded in 2001, it has participated in 2 rounds of funding. In total Guidewire has raised $115.0M. Guidewire's last funding round was on Jan 2012 for a total of $115.0M

Guidewire Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Flyreel develops an AI-based platform that provides insurance underwriting solutions for commercial and residential insurers.
$10M
Nov 17, 2020
Series A
-
Hover is an AI-based mobile application that offers 3D property modeling, interior and exterior design and contracting services for homeowners.
$60M
Nov 16, 2020
Series D
-
Betterview develops a predictive analytics platform that allows P&C carriers to identify and manage property risks.
$7.5M
Jun 02, 2020
Equity
-
Trov is a provider of digital insurance solutions for businesses in the finance, insurance, mobility, and retail sectors.
$45M
Mar 30, 2017
Series D
-
Trov is a provider of digital insurance solutions for businesses in the finance, insurance, mobility, and retail sectors.
$25.5M
Apr 24, 2016
Series C
-

These are all the companies that Guidewire has invested in. Guidewire has invested 4 companies and its latest investment was Cyence in Oct 2017. Cyence develops a cyber risk modeling platform that offers data collection, cybersecurity and big data analytics solutions for the insurance sector.

Guidewire News

April 29, 2021Markets Insider

CURE Auto Insurance Selects Guidewire InsuranceNow to Accelerate Speed-to-Market and Business Growth

Citizens United Reciprocal Exchange (CURE), a not-for-profit full service provider of auto insurance ... See more »
April 27, 2021MarketScreener

VRC Investigations' Integration for Investigative and SIU Services Now Available in Guidewire Marketplace

(marketscreener.com) VRC Investigations , a leading national insurance defense investigation firm and... See more »
April 19, 2021MarketScreener

Buckle Leverages Guidewire to Deliver Service Excellence and Drive Process Improvements

(marketscreener.com) Rideshare insurer taps state-of-the-art Guidewire ClaimCenter to enable adjuster... See more »
April 6, 2021MarketScreener

Talem Health Analytics' Injury Causation Integration for ClaimCenter Now Available in Guidewire Marketplace

(marketscreener.com) Talem Health Analytics' Ready for Guidewire accelerator helps insurers mitigate ... See more »
April 2, 2021MarketScreener

Delivering Service Excellence Today is the Expectation

(marketscreener.com) The challenge for insurers trying to get service excellence right is that custom... See more »
April 1, 2021MarketScreener

VPay's Integration for Comprehensive Claim Payment Solutions Now Available in Guidewire Marketplace

(marketscreener.com) VPay®, a leader in claims payment solutions and Guidewire PartnerConnect Solutio... See more »

Guidewire Blogs

August 6, 2015GUIDEWIRE SOFTWARE BLOG

Graph Databases: Leveraging Cutting-Edge Technology for Fraud Detection

In my previous post, I discussed how analytics can help identify insurance fraud, but how can this be... See more »
August 4, 2015GUIDEWIRE SOFTWARE BLOG

Data and insurance fraud

Insurance is a big industry. In the U.S. alone, 7,000 companies collect over $1 trillion of premium a... See more »
July 31, 2015GUIDEWIRE SOFTWARE BLOG

Is It Finally Time to Buy Instead of Build?

What drives competitive advantage? Insurers will have different answers to this question, and the arg... See more »
July 2, 2015GUIDEWIRE SOFTWARE BLOG

Staffing a Data Science Team

June 30, 2015GUIDEWIRE SOFTWARE BLOG

Four-Step Approach to Vendor Selection

June 12, 2015GUIDEWIRE SOFTWARE BLOG

Settling for Less

Guidewire Press Releases

March 18, 2021Business Wire

Split Limit Studios Joins Guidewire PartnerConnect Solution Alliance Ecosystem to Streamline the Implementation of Pay-As-You-Go Billing Programs

WALTHAM, Mass. & SAN MATEO, Calif.--(BUSINESS WIRE)--Split Limit Studios' TRUPAY technology to reduce... See more »
January 12, 2021Business Wire

Cambridge Mobile Telematics Joins Guidewire PartnerConnect Solution Alliance Program; Publishes Integration to Facilitate Smartphone Telematics Program Creation

CAMBRIDGE, Mass. & SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), the pla... See more »
January 7, 2021Business Wire

Guidewire Software to Present at Upcoming Investor Conferences

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), the platform Property & Ca... See more »
December 18, 2020Business Wire

2020 U.S. P&C Core Systems Evaluation Report

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Aite--Guidewire announced that Guidewire has achieved "... See more »
December 15, 2020Business Wire

Guidewire Announces Latest Group of PartnerConnect Consulting Program Specialization Recipients

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers ... See more »
November 24, 2020Business Wire

Guidewire Software to Announce First Quarter Fiscal 2021 Financial Results on December 8, 2020

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), the platform Property & Ca... See more »
November 18, 2020Business Wire

Guidewire Positioned as a Leader by Independent Research Firm in P&C Claims Management Systems Evaluation

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #ClaimCenter--Guidewire today announced that Guidewire C... See more »

Guidewire Videos

November 10, 2020Guidewire Software, Inc. Youtube Channel

"The Guidewire Customer Journey by Step" on YOUTUBE

November 6, 2020Guidewire Software, Inc. Youtube Channel

"A Cultural Shift" on YOUTUBE

Social Media

Guidewire Headquarters

2850 South Delaware Street Suite 400

San Mateo, California94403

1-650-357-9100

Driving Directions »

Trending Companies

Guidewire Summary

ABOUT

Overview

Guidewire develops a software as a service based platform that provides policy administration, underwriting, and data analytics solutions for property and casualty insurers. Guidewire was founded in 2001. Guidewire's headquarters is located in San Mat...

CEO

Guidewire's CEO, Mike Rosenbaum, currently has an approval rating of 77%. Guidewire's primary competitors are Insuresoft, Insurity & Duck Creek.

Website

guidewire.com

Frequently Asked Questions about Guidewire

  1. When was Guidewire founded?

    Guidewire was founded in 2001
  2. Who is Guidewire's CEO?

    Guidewire's CEO is Mike Rosenbaum
  3. How much revenue does Guidewire generate?

    Guidewire generates $761.7M in revenue
  4. How much funding does Guidewire have?

    Guidewire has historically raised $115M in funding
  5. Where is Guidewire's headquarters?

    Guidewire's headquarters is in San Mateo California, USA
  1. How many employees does Guidewire have?

    Guidewire has 2,355 employees
  2. What sector does Guidewire operate in?

    Guidewire is in Internet Software, SaaS
  3. Who are Guidewire's competitors?

    Guidewire's top competitors are Insuresoft, Insurity, Duck Creek
  4. Who has Guidewire invested in?

    Guidewire's has invested in companies such as Flyreel, HOVER, Betterview