Patra’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Patra is an insurance brokerage firm that provides policy checking, claim tracking and direct bill invoicing solutions for individuals and businesses. Read more

John Simpson's photo - President & CEO of Patra

President & CEO

John Simpson

CEO Approval Rating

95/100

Founded:

2005

Status:

TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

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Cogneesol is seen as one of Patra's top competitors. Cogneesol was founded in 2008, and is headquartered in New York, New York. Cogneesol operates in the Management Consulting Services industry. Cogneesol generates $34.5M less revenue vs. Patra.

ReSource Pro is a top competitor of Patra. ReSource Pro was founded in 2003, and its headquarters is in New York, New York. ReSource Pro competes in the Business Support Services industry. ReSource Pro has 353 more employees than Patra.

Exdion is Patra's #3 rival. Exdion was founded in Plano, Texas} in 2000. Exdion is in the Business Support Services field. Compared to Patra, Exdion generates $44.9M less revenue.

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Competitor - 1/1

Is Insurance Solutions a competitor of Patra?

Acquisitions

No recent acquisitions found related to Patra

Patra Funding History

$2M

Since Patra was founded in 2005, it has participated in 2 rounds of funding. In total Patra has raised $2.0M. Patra's last funding round was on Aug 2020 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Equity Round
Aug 2020
--
Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Total Funding: $2M

Since Patra was founded in 2005, it has participated in 2 rounds of funding. In total Patra has raised $2.0M. Patra's last funding round was on Aug 2020 for a total of $0

Investments

No recent investments found related to Patra

Patra News

August 21, 2019Insurance Report

Patra Receives Multiple Honors in 2019

Recognized for rapid growth and workplace culture EL DORADO HILLS, Calif.-(BUSINESS WIRE)-#growth-The... See more »
May 15, 2019Fii News

Patra expands global operations with two more processing centres

California-based Patra's recent investments in new global operations have set the foundation for its ... See more »
May 14, 2019Insurance Report

Patra Continues Strong and Sustained Growth

Investments in global operations centers and technology lead expansions EL DORADO HILLS, Calif.-(BUTh... See more »
April 12, 2019WorldNews

Patra and MarshBerry Announce Joint Marketing Alliance

Strategic Partnership Enables Exclusive Preferred Pricing For MarshBerry Connect Brokers EL DORADO HI... See more »
December 6, 20184-traders

Patra Corp Expands Successful Initial Phase of Patra Academy, Partners with Military Spouse Employment Program

(marketscreener.com) Training Initiatives Provide an Innovative Approach to Talent Recruiting ...http... See more »
October 3, 20184-traders

Patra Corp Continues Strong Investment in InsureTech With Product Launch and Corporate Acquisition

(marketscreener.com) Patra Corporation, a global company that powers insurance processing through peo... See more »
April 23, 20184-traders

Patra Corp Announces New Chief Revenue Officer

(4-traders.com) Patra Corporation has hired Bob Murphy, a leader from the financial technology servic... See more »

Patra Blogs

August 26, 2020Patra Blog

As Featured in Leader’s Edge Magazine

Q&A with John Simpson, Patra's President and CEO John Simpson founded Patra in 2005 and has grown... See more »
August 17, 2020Patra Blog

Podcast: As Featured in Leader's Edge

Talkin' Tech With Patra Will COVID-19 be a catalyst for tech adoption in our industry? What ever happ... See more »
August 13, 2020Patra Blog

As Featured in Insurance CIO Outlook

Patra Secures Strategic Investment from SkyKnight Capital The strategic investment round built on the... See more »
August 12, 2020Patra Blog

COVID Shouted: You're Doing This

COVID Shouted: You're Doing This And the Next Day the World Was Working from Home The last few months... See more »
August 5, 2020Patra Blog

4 Reasons to Modernize Certificate of Insurance Delivery

A certificate of insurance is required any time proof of insurance is needed in order to show complia... See more »
August 3, 2020Patracorp Blog

SkyKnight Capital Announces Strategic Investment in Patra

Patra, a leading provider of technology-enabled solutions for the insurance industry, received a stra... See more »
July 17, 2020Patracorp Blog

Overcoming the Challenges Associated with Selecting an Insurance BPO Provider

What just happened? What is going to happen next? Disasters and pandemics don't operate on schedules,... See more »

Patra Press Releases

April 29, 2015BUSINESS WIRE

Patra Expands Service Model to Help Increase Agencies' Top-line Growth

NOVATO, Calif.--(BUSINESS WIRE)--Leading insurance outsourcing expert, Patra Corporation, is helping ... See more »
November 12, 2014PRWEB

Patra Corporation Launches

New Cloud-Based Service Allows Insurance Agencies to Produce Benefit Brochures More Efficiently than ... See more »

Headquarters

1107 Investment Blvd

El Dorado Hills, California95762

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Summary

ABOUT

Overview

Patra is an insurance brokerage firm that provides policy checking, claim tracking and direct bill invoicing solutions for individuals and businesses. Patra was founded in 2005. Patra's headquarters is located in El Dorado Hills, California, USA 95762...

CEO

Patra's President & CEO, John Simpson, currently has an approval rating of 95%. Patra's primary competitors are Cogneesol, ReSource Pro & Exdion.

Website

patracorp.com

Frequently Asked Questions about Patra

  1. When was Patra founded?

    Patra was founded in 2005
  2. Who is Patra's CEO?

    Patra's CEO is John Simpson
  3. How much revenue does Patra generate?

    Patra generates $56.9M in revenue
  4. How much funding does Patra have?

    Patra has historically raised $2M in funding
  1. Where is Patra's headquarters?

    Patra's headquarters is in El Dorado Hills California, USA
  2. How many employees does Patra have?

    Patra has 3,600 employees
  3. What sector does Patra operate in?

    Patra is in Insurance Brokers
  4. Who are Patra's competitors?

    Patra's top competitors are Cogneesol, ReSource Pro, Exdion