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MEMIC Logo
MEMIC Growth Score
91
CB Rank
53644
Heat Score
69
MEMIC is Maine's workers' compensation insurer, through Maine Employers Mutual Insurance Company.
Founded
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PrivateDebt Financing Portland, Maine, United States101-250 www.memic.com/
Financial Services
Insurance
Overview

MEMIC
Total Funding
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Growth Score
91
Heat Score
69

Total Funding
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Debt Financing raised
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Growth Score91
-2 pts
in past quarter
Heat Score 69
-3 pts
in past quarter

Company Performance Metrics

Score
Trend
AI Content may contain mistakes and is not legal, financial or investment advice.Learn more.
Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Learn More >
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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See more interactive data and historical milestones on desktop for the best experience

About MEMIC

CB Rank
53644
MEMIC is Maine's workers' compensation insurer, through Maine Employers Mutual Insurance Company.
Founded
obfuscation
PrivateDebt Financing Portland, Maine, United States101-250 www.memic.com/
Financial Services
Insurance

Funding Rounds

Debt Financing
OBF
in
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Series D
OBF
in
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Key People

Details

Legal Name Maine Employers' Mutual Insurance Corp.
Also Known As Maine Employer's Mutual Insurance Company
Operating Status Active
Company Type For Profit
Founders  John T. Leonard
About the Company
MEMIC is Maine's workers' compensation insurer, through Maine Employers Mutual Insurance Company.
Phone Number 207-791-3300
Contact Email memicnews@memic.com
Predictions & Insights

Growth Insight

See this Growth Insight
MEMIC is
Lorem
 to be growing
Top Contributing Factors
Merger or Acquisition

Growth Prediction

See this Growth Prediction
Top Contributing Factors
Key Employee Changes

Products & Services

Workers' Compensation Insurance
Insurance coverage that provides benefits to employees injured on the job, covering medical expenses and lost wages.
First Call 24/7 Injury Triage
A 24/7 phone service for non-emergency work-related injuries to guide injured workers to appropriate care.

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  • Preview private company insights and predictions
Financials

Company Funding

Total Funding Amount 
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Number of Funding Rounds 2
Unlock company funding data, including rounds, dates, amounts, and investors.
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Number of Investors  
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Lead Investors  
Funding Type  
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Funding Rounds

Total Funding Amount 
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Number of Funding Rounds 2
Unlock company funding data, including rounds, dates, amounts, and investors.
Announced Date  
Transaction Name  
Number of Investors  
Money Raised  
Lead Investors  
Funding Type  
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Investors

Unlock company funding data, including rounds, dates, amounts, and investors.
Investor Name  
Lead Investor  
Funding Round  
Partners  
OurCrowd Logo
OurCrowd
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Series D - MEMIC Logo
Series D - MEMIC
Ron Stern
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Ron Stern

Investments

Number of Acquisitions 1

Investment Breakdown

Number of Acquisitions 1
Market Intelligence
People
View Profiles & Contacts
Headcount 101-250 Employee Profiles 4 Contacts 427

Employee Profiles

News

News and Press

News•May 12, 2026
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News•Jan 8, 2026
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News•Nov 10, 2025
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News•Sep 15, 2025
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Access a complete feed of recent news and press, from product launches to leadership changes.
Technology
View Tech Report

Monthly Web Visits

9,787
-57.47%
 in past month

IT Spend

$19.5MThis year, MEMIC is projected to spend $19.5M on IT, according to Aberdeen.

Interest Signals

TopicSurge Score
e-Prescribing Logo
e-Prescribing
100
Employee Development Logo
Employee Development
100
Prescriptions Logo
Prescriptions
100

Actively Used Products

20MEMIC uses 20 technology products and services including HTML5, Google Analytics, and  Bootstrap, according to G2 Stack.

Active Website Tech Count

44MEMIC is actively using 44 technologies for its website, according to BuiltWith. These include HSTS, Apple Mobile Web Clips Icon, and  DNSSEC.
Sub-Organizations
Frequently Asked Questions

Where is MEMIC's headquarters? MEMIC is located in Portland, Maine, United States.Who invested in MEMIC? MEMIC is funded by OurCrowd.When was the last funding round for MEMIC? MEMIC closed its last funding round on
obfuscation
from a Debt Financing round.Who are MEMIC's competitors? Alternatives and possible competitors to MEMIC may include Chubb, Pie Insurance, and  Liberty Mutual Strategic Ventures.How much funding has MEMIC raised to date? MEMIC has raised
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.
Who We Are
What We Do
Helpful Links
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