Tech Company Financing Transactions
United Automobile Funding Round
United Automobile, based in Miami Gardens, received $45 million in investment from Victory Park Capital.
Transaction Overview
Company Name
Announced On
4/27/2018
Transaction Type
Venture Equity
Amount
$45,000,000
Round
Undisclosed
Investors
Proceeds Purpose
VPC's investment will be used to enhance United Auto's balance sheet and support numerous growth initiatives in its core markets throughout Florida and Texas.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1313 NW 167th St.
Miami Gardens, FL 33169
USA
Miami Gardens, FL 33169
USA
Phone
Website
Email Address
Not Recorded
Overview
United Automobile Insurance Company (UAIC) was incorporated on March 2, 1989 in Miami Gardens, FL to provide a high quality and low cost insurance product to the non-standard automobile insurance market. The company is family owned and it is one of the largest privately held property and casualty insurance companies in the United States.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Richard Parrillo
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