# Guidewire Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guidewire-software

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.guidewire.com/
- Total disclosed funding: $33M
- Latest round: Series C (Sep 20, 2007)
- Investors on record: 3

## About

Guidewire Software, Inc., based in the US, provides technology solutions to the property and casualty insurance industry, focusing on enhancing operational efficiencies and improving customer service delivery across various sectors.Guidewire Software, Inc. specializes in creating software for the property and casualty insurance sector. Founded in 2001 in San Mateo, US, by Henry Katz and Marcus Ryu, the company has undergone strategic developments to refine its offerings. The latest funding round was an IPO on January 24, 2012, raising USD 115 mn, with the total amount raised to date also at USD 115 mn. The company is led by CEO Massimiliano Garruzzo and has made five notable deals.Guidewire Software, Inc. offers a variety of innovative technology solutions aimed at improving operational efficiencies for businesses, particularly in the property and casualty insurance industry. Their core products assist clients in data management and process optimization, with implementations across North America and Europe, catering to both small and large enterprises. The company's solutions have been significant in enhancing workflow and productivity for users within the industry.In the most recent year, 2024, Guidewire Software, Inc. reported a revenue of USD 980.50 mn and an EBITDA of USD -23.61 mn. Their revenue generation is supported by both direct sales and subscription-based services that are often structured as annual contracts, ensuring clients have access to ongoing updates and support.Guidewire Software, Inc. aims to expand its product lineup with several new solutions currently in development, targeting a release in late 2024. The company is also planning to enter new markets, specifically focusing on Asia-Pacific and Latin America, by 2025. The funds raised from the IPO will be utilized to support these initiatives, enhancing their product offerings and facilitating market entry strategies.

## Funding rounds

- Series C, Sep 20, 2007, $24M — Battery Ventures, Bay Partners, US Venture Partners
- Series B, Oct 4, 2004, $7.5M — Bay Partners, US Venture Partners
- Series A, Apr 1, 2002, $1.6M — Bay Partners

## Investors

- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series A, Series B, Series C
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series B, Series C
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series C