International Insurtech Bolttech Valued At Us$1.6 Billion In Series B Up-Round
05/17/23, 1:50 PM
Location
singaporeMoney raised
$196 million
Round Type
series b
Investors
Met Life Next Gen Ventures, Tokio Marine, Khazanah Nasional, Met Life
bolttech today announced it raised US$196 million in connection with its Series B with an up-round valuation of US$1.6 billion. The round was led by Tokio Marine – Japan's first insurance company with a 140-year history. Other key investors include global life insurance giant MetLife through its subsidiary MetLife Next Gen Ventures, Malaysia's sovereign wealth fund Khazanah Nasional, as well as new and existing shareholders.
Company Info
Location
singapore, southeast asia, singapore
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.