Our mission is to help insurance carriers and distributors target and acquire customers more efficiently and at greater scale through technology and data science. Our technology platform brings leading insurance carriers and high-intent consumers together through a real-time, transparent, and results-driven ecosystem. We believe we are the largest online customer acquisition channel in our core verticals of property & casualty insurance, health insurance, and life insurance, supporting over $1 billion in Transaction Value across our platform over the last two years.
For the 12-month period ended June 30, 2020, we had 15 of the top 20 largest auto insurance carriers by customer acquisition spend as demand partners on our platform, accounting for 39.6% of our revenue.
We generate revenue by earning a fee for each Consumer Referral sold on our platform. Our revenue is not contingent on the sale of an insurance product to the consumer.
|Address||700 South Flower Street, Suite 640 Los Angeles, California 90017|
|Phone Number||(213) 316-6256|
|View Prospectus:||MediaAlpha, Inc.|
|Revenues||$479.6 mil (last 12 months)|
|Net Income||$36.5 mil (last 12 months)|
|Price range||$19.00 - $19.00|
|Est. $ Volume||$175.8 mil|
|Manager / Joint Managers||J.P. Morgan/ Citigroup/ Credit Suisse/ RBC Capital Markets/ Canaccord Genuity/ William Blair|
|Expected To Trade:||10/28/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|