bolttech

bolttech is a B2B2C insurtech startup on a mission to build the world's leading, technology-enabled ecosystem for protection and insurance.

Bolttech connects insurers, distribution partners, and customers to transform the way insurance is bought and sold.

bolttech was launched in 2020 and is headquartered in Singapore with presence in 30+ markets across North America, Asia and Europe.

 

bolttech brings together extensive distribution partnerships, leading-edge technology, and innovative protection and insurance products. By simplifying the complex process, we make insurance easily accessible to all kinds of business.

 

bolttech works with partners to create innovative product solutions that address your customer's needs. With their API-powered, cloud-based technology and network of leading insurance providers, we can get you up and running in no time.

 

bolttech now quotes approximately US$55 billion worth of annualized premiums. Globally, bolttech’s ecosystem connects 700 distribution partners with more than 230 insurance providers and offers in excess of 6,000 product variations.

 

bolttech is backed by Activant Capital Group, EDBI, LeapFrog Investments, Tokio Marine, MetLife, Tony Fadell – Principal at Future Shape, Khazanah Nasional, Alma Mundi Insurtech Fund, Alpha Leonis Partners, Dowling Capital Partners, BRV Capital Management, and others. The company raised $50M in a Series B round on Sep 21, 2023. This is an extension of its previous $196M raised in May 2023, bringing Series B total to $246M. The additional investment brings bolttech total overall funding to $493.2M to date. bolttech was last valued at $1.6B after the 1st tranche of its Series B in May 2023.

 


 

  • Year founded: 2020
  • Funding Info: $493.2M over 6 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at over $1.6B as of May 17, 2023
  • City/Town: Singapore
  • State: Central Region
  • Country: Singapore
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