Profile: Actua Corp (ACTA.OQ)
Actua Corporation, formerly ICG Group, Inc., incorporated on February 2, 1999, is a multi-vertical cloud technology company. The Company operates through two segments, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company's vertical cloud-based businesses include Bolt Solutions Inc. (Bolt), Folio Dynamics Holdings Inc. (FolioDynamix), GovDelivery Holdings, Inc. (GovDelivery) and VelocityEHS Holdings, Inc. (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively. The vertical cloud (venture) businesses include InstaMed Holdings, Inc. (InstaMed) and Parchment Inc. (Parchment), which operate a cloud-based healthcare payments network and an education credentials technology, respectively.
Vertical Cloud Businesses
Bolt offers a cloud-based platform through its product and technology connectivity. Bolt provides its platform-subscriber customers and partners, including insurance carrier-agencies, independent insurance agents and other insurance-based organizations, with access to commercial and personal property and casualty insurance products through its agency appointments from various insurance carriers. Bolt also operates as an independent insurance agency and sells commercial and personal property and casualty insurance products directly to consumers online through its platform.
FolioDynamix offers wealth management service providers and financial advisors a cloud-based wealth management technology platform and advisory solutions for managing the full wealth management lifecycle across various types of investment programs. FolioDynamix's customers include a range of financial services organizations, such as brokerage firms, banks (trust and retail), registered investment advisors (RIAs) and RIA networks and other fee-based managed account providers. FolioDynamix's customer's access specified bundles of platform applications through the cloud on a periodic (usually multi-year) subscription basis.
GovDelivery is a provider of cloud-based communication solutions that allow governments, government agencies and government organizations to reach people and mobilize them to action. GovDelivery's digital communication management platform enables the public sector to interact with citizens through e-mail, mobile text alerts, really simple syndication (RSS) and social media channels. Through the GovDelivery platform, GovDelivery's customers, including government entities, agencies and organizations at the national, state and local levels in both the United States and Europe, are engaged in online transactions, promoting events, managing emergency situations, supporting regulatory compliance, and drives digital engagement among citizens with an integrated, multi-channel communications approach.
VelocityEHS's principal products are chemical management products. VelocityEHS's platform is engaged in identifying, managing and reducing potential workplace and environmental hazards associated with meeting compliance (particularly the United States Occupational Safety and Health Administration (OSHA)) requirements. VelocityEHS's customers, which include large and mid-market North American businesses in a range of industries (including healthcare, manufacturing, education, construction, hospitality and technology, among many others), access the Company's applications through the cloud on a subscription basis (usually multi-year). VelocityEHS offers various customer services to support its HQ Account and HQ RegXR Account applications, such as customer training, safety data sheet authoring and compiling/indexing of customers' online safety data sheet libraries.
Vertical Cloud (Venture) Businesses
InstaMed operates a cloud-based healthcare payments network focused on healthcare providers, payers and patients. With its bank partners, InstaMed moves information on its integrated network, connecting various hospitals, practices and payers, and patients for business. Parchment is a provider of education credentials technology, which allows learners, educators and employers to collect, analyze, use and share credentials. Parchment's cloud-based software offering is a transcript exchange and intelligence platform that enables the rapid exchange of electronic transcripts and other student records among schools, universities, state education agencies and individuals.
555 E Lancaster Ave Ste 640
RADNOR PA 19087-5164
Company Web Links
- BRIEF-Actua posts Q3 loss $0.21/shr attributable to common shareholders
- BRIEF-Actua files definitive proxy materials for sale of its three majority-owned businesses
- Breakingviews - Cox: P&G counting on an investor electoral college
- Cox: P&G counting on an investor electoral college
- BRIEF-Actua Corp to sell three businesses for about $549 mln cash