Guidewire

Software platform for P&C insurance industry

San Mateo, California, United States

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About Guidewire

Guidewire specializes in technology solutions for the Property and Casualty (P&C) insurance industry. The company offers a software platform that helps P&C insurers improve their workflows, enhance customer experiences, and support growth. Its software assists insurance companies in managing various operations, including underwriting, policy administration, billing, and claims management. Guidewire operates on a subscription-based model, allowing clients to access its cloud-based services without purchasing the software outright. This approach provides a consistent revenue stream for the company. With over 1,600 successful implementations, Guidewire has established itself as a reliable partner in the insurance technology market. The company stands out from competitors through its focus on the P&C sector and its integration of digital tools, analytics, and AI into its platform. Guidewire's goal is to help insurers modernize their systems and remain competitive in a changing market.

San Mateo, CaliforniaHeadquarters
2001Year Founded
$24.1MTotal Funding
IPOCompany Stage
Fintech, AI & Machine Learning, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Financial: Receive market-competitive pay and incentive programs—because you deserve it! To help future-proof your income, we offer generous support through retirement savings plans.
Health & Wellness: Keep your physical and emotional health in tip-top shape with health insurance for you and your family, an employee assistance program, annual wellness reimbursement, and access to wellness resources.
Flexible Working: Work in an environment where you’ll have the freedom and trust to make an impact, with time for your life outside of work.
Downtime: Relax and kick back through our generous paid time-off programs. Make a difference in your community with three volunteer days each year. Take your own personal day of rest with My Day. We also offer ample paid leave for all new parents.
Continual Development: We encourage self-directed learning, giving you every chance to become a better version of yourself, both professionally and personally. At Guidewire, lifelong learning is here for the taking.
Career Mobility: Your career opportunities are only limited by your own imagination. Guidewire’s community is filled with chances to expand your horizons across any of our teams or worldwide locations.

Risks

New insurtech entrants like OneSpan may erode Guidewire's market share.
Rapid technological changes could outpace Guidewire's innovation capabilities.
Economic downturns may reduce IT spending, impacting Guidewire's subscription revenue.

Differentiation

Guidewire specializes in P&C insurance technology, offering a comprehensive software platform.
The company provides cloud-based solutions, ensuring modernized core systems for insurers.
Guidewire's SaaS model offers recurring revenue through subscription, implementation, and support fees.

Upsides

Increased demand for cloud-native solutions boosts Guidewire's partnerships and integrations.
Guidewire's consistent IDC FinTech Rankings enhance its market position and client attraction.
Investment firms' growing stakes in Guidewire indicate confidence in its growth potential.

Funding

Total raised$24.07 M
Latest valuation$635.60 M
StageIPO
POST IPO CONVERTIBLE
9/30/2024
$600
IPO
12/31/2011
$115
$635.60 M
SERIES C
2/29/2008
$1
$3.75 M