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Lifepal Raises $9 Million In Series A Funding To Make Financial Protection More Accessible In Indonesia

Aug 23, 2021almost 4 years ago

Amount Raised

$9 Million

Round Type

series a

JakartaOtherMedia And EntertainmentInternet ServicesCommunity And Lifestyle

Description

Lifepal, the largest digital direct-to-consumer (D2C) insurance marketplace in Indonesia, announced it has raised an oversubscribed $9 million in Series A funding led by ProBatus Capital with participation from Cathay Innovation, Insignia Ventures Partners, ATM Capital and Hustle Fund, bringing the total capital raised to $12 million. The company will use the new financing to improve its product and customer experience.

Company Information

Company

Lifepal

Location

Jakarta, DKI Jakarta, Indonesia

About

Lifepal is the largest insurance marketplace in Indonesia by traffic with 4 million monthly visitors and 1 million combined social media followers. We help customers by offering the largest selection of policies in the country, pricing advantages, convenience in buying and using the policy, and transparency of information. For more information please visit lifepal.co.id/