Phidea
← Analysis

Ownership landscape

A structural view of who owns the insurance-tech stack Phidea tracks. The surprise in the data: most of the modern-rung incumbents have moved into private-equity hands over 2020-2025, while AI-native entrants remain independent and the public-company slice is narrower than the stack's importance suggests.

At a glance

Tools tracked
50
Public
3
PE-owned
4
Subsidiaries
6

Computed from the tool DB at build time. Ownership field fills in progressively as fiches are revised; “ownership data pending” captures the remainder.

Public companies (3)

Listed on a public exchange. Quarterly disclosure, audited financials, analyst coverage built in.

Private-equity owned (4)

Acquired and taken private by a PE firm. Investment horizon typically five to seven years.

  • Duck Creek Claims
    modern · claims-admin
    Vista Equity Partners · acquired 2023 · ~$2,600M
  • Majesco
    modern · policy-admin
    Thoma Bravo · acquired 2020 · ~$729M
  • Nearmap
    modern · risk-imagery
    Thoma Bravo · acquired 2022 · ~$729M
  • Sapiens
    modern · policy-admin
    Advent International · acquired 2025 · ~$2,500M

Subsidiaries of larger groups (6)

Owned by and operating inside a parent company whose primary business is broader than the subsidiary's.

  • Betterview
    ai-native · risk-imagery
    Nearmap (Thoma Bravo portfolio) · acquired 2023
  • Cape Analytics
    ai-native · risk-imagery
    Moody's Corporation · acquired 2025
  • Cytora
    ai-native · underwriting-workstation
    Applied Systems · acquired 2025
  • Moody's RMS
    modern · actuarial
    Moody's Corporation · acquired 2021 · ~$2,000M
    NYSE: MCO
  • Planck
    ai-native · data-platform
    Applied Systems · acquired 2024 · ~$300M
  • Verisk Xactware (Xactimate)
    modern · damage-estimation
    Verisk Analytics · acquired 2006
    NASDAQ: VRSK

Ownership data pending (37)

Fiche exists; structured ownership field not yet populated. Will fill as each fiche is revised.

Holdings by parent

Parent companies ordered by number of Phidea-tracked tools they own. Captures the consolidation pattern visible only when the library is read in aggregate.

How this page is built

Each tool fiche carries an optional ownership field — type (public, private-equity, subsidiary, independent), parent, acquired year, acquisition value in USD millions, ticker, and the citing source. This page reads that field across the library and groups the output. No other editorial layer.

Tools without the ownership field are grouped under “Ownership data pending”. Each fiche revision closes one more gap.