How Much Did Jimcor Agencies Raise?
Funding & Key Investors

Jimcor Agencies has secured $2M in total capital, with a recent strategic investment of $2M underscoring its significant enterprise-level funding trajectory. This latest financing round, dated April 15, 2020, marks a pivotal moment for the Montvale, New Jersey-based insurance wholesaler.

What is Jimcor Agencies?

Jimcor Agencies operates as a dynamic independent Managing General Agent and Insurance Wholesaler, providing access to a broad spectrum of over 150 Admitted and Non-admitted markets. The company's strategic positioning allows it to serve a diverse clientele by facilitating access to specialized insurance solutions, reflecting its growth and expanding market reach within the insurance sector.

How much funding has Jimcor Agencies raised?

Jimcor Agencies has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Jimcor Agencies

PPP

Public-Private Partnership

What's next for Jimcor Agencies?

The substantial enterprise-level funding and recent strategic investment indicate a strong growth phase for Jimcor Agencies. This capital infusion is likely to fuel further expansion of its market access, enhancement of its service offerings, and potentially the development of new underwriting capabilities. The company is poised to leverage this financial backing to solidify its position as a leading independent MGA/wholesaler, driving innovation and increasing its competitive edge in the insurance landscape.

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Frequently Asked Questions Regarding Jimcor Agencies Financial Insights

What are the most recent funding rounds that Jimcor Agencies has completed, and what were the funding rounds?
Jimcor Agencies has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Jimcor Agencies has raised to date?
Jimcor Agencies has raised a total of $2M in funding to date.
How many funding rounds has Jimcor Agencies completed?
Jimcor Agencies has completed 1 funding rounds.
How much funding did Jimcor Agencies raise in its most recent funding round?
Jimcor Agencies raised $2M in its most recent funding round.
Who are the lead investors in Jimcor Agencies's latest funding round?
The lead investor in Jimcor Agencies's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Jimcor Agencies's history?
The largest funding round in Jimcor Agencies's history was $2M.
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