Bolttech (Series C)
Funding Details
- Awarder
- Inbox
- Date Award
- June 08, 2025
- Vertical
- Insurtech
- Funding URL
- View Funding Page
- Valuation
- $2,100,000,000
- Funding Amount:
- $147,000,000
Company Info
- Founding Year
- 2020
- Traction
- Total annualized quoted premiums have increased to approximately $65 billion as of June 2025, up from around $55 billion in May 2023.
- Organizations Involved
- Tokio Marine, MetLife, Allianz, Apple, AXA, Liberty Mutual, Orange, Progressive, Lazada, Samsung, Home Credit
- Founders
- Rob Schimek
- Company Description
- Bolttech specializes in embedded insurance, providing insurance or protection products that are integrated into the customer purchase experience. The company connects insurers, distributors, and their target customers, facilitating the sale of ancillary services or products online.
- Market
- Embedded Insurance
- Location
- Singapore
- Coinvestors
- Dragon Fund, Baillie Gifford, Generali, Sumitomo Corporation, Iberis Capital