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Company

itel

2 stories · tracked since May 20, 2025 · last seen May 26, 2025

itel is a US insurance technology company that provides claims estimating and appraisal software. Insurers and repair shops use its tools to process auto and property damage claims.

Technology vendorUnited States

Profile compiled by Insurtech Daily from the coverage below.

Most-covered themes

M&A

Also involved

Reported by

FinTech Global, Reuters

1 deal tracked · $1.3B disclosed across 1 of 1

itel acquisitions and mergers — counterparty, price, date and source
Deal Price Announced Source
Acquired by Nearmap $1.3B Reuters+1

Ownership changes as reported in the insurance press — see the M&A tracker for what is counted and what isn't. Minority investments are not acquisitions and are on the funding tracker instead.

Coverage

  1. FinTech Global · May 26, 2025

    Nearmap acquires itel to create all-in-one property intelligence platform for insurers

    M&A
  2. Reuters · May 20, 2025

    Thoma Bravo's Nearmap to buy insurance tech firm itel for over $1.3 billion

    M&A

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