
Guidewire
Insurance Platform
San Mateo, California
Overall Rank: 569
Category: Finance & Accounting
Category Rank: 26
Awards:
Top Software Company of 2021
Profile
Guidewire is the platform property and casualty (P&C) insurers trust to engage, innovate, and grow efficiently. Founded in 2001, Guidewire combines digital, core, analytics, and AI to deliver its platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire. As a partner to its customers, Guidewire continually evolves to enable their success. Guidewire is proud of its unparalleled implementation track record, with 1,000+ successful projects supported by the largest R&D team and partner ecosystem in the industry. Guidewire’s marketplace provides hundreds of applications that accelerate integration, localization, and innovation.
The company was established in 2001 by Ken Branson, James Kwak, John Raguin, Marcus Ryu, John Seybold, and Mark Shaw. In September 2011, Guidewire filed with the SEC to raise up to $100 million in an initial public offering (IPO), and was first publicly traded on the NYSE in January 2012. Guidewire was later cited as being one of the top IPOs of 2012. Total revenue for fiscal year 2020 was $742.3 million, a modest increase from fiscal year 2019. Annual recurring revenue was $538 million as of April 30, 2021, up from $514 million on July 31, 2020.
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