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Bolttech Achieves Unicorn Status Following Us$180 Million Series A, The Largest Ever For An Insurtech

Bolttech Achieves Unicorn Status Following Us$180 Million Series A, The Largest Ever For An Insurtech

07/01/21, 11:08 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$180 million
Round Type
series a
bolttech, one of the fastest growing international insurtech companies, today announced the completion of an oversubscribed US$180 million series A funding round led by Activant Capital Group ("Activant"), joined by investors including Tony Fadell – Principal at Future Shape, Alpha Leonis Partners, Dowling Capital Partners, B. Riley Venture Capital and Tarsadia Investments. The investment round is the largest series A round for an insurtech and values bolttech at more than US$1 billion, giving the insurtech unicorn status only one year after its launch in 2020.

Company Info

Company
Bolttech
Location
new york, new york, united states
Additional Info
bolttech is an international insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance. bolttech serves customers in 14 markets across North America, Asia and Europe. With a full suite of digital and data-driven capabilities, bolttech powers connections between insurers, distributors, and customers to make it easier and more efficient to buy and sell insurance and protection products. For more information, please visit www.bolttech.io.