Bowtie raises up to US$70 million in Series C funding led by Sun Life to fuel growth in medical insurance and innovation in preventive healthcare.
Jul 18, 2025•7 days ago
Amount Raised
$70 Million
Round Type
series c
Investors
Sun Life Hong Kong Limited
Description
Bowtie, Hong Kong's first virtual insurer, has secured up to US$70 million in its Series C funding round led by Sun Life Hong Kong Limited. This investment represents the largest funding round for digital health insurers in Asia. Bowtie continues to excel in the digital insurance market and aims to exceed US$100 million in annual recurring revenue by 2025. With Sun Life's support, Bowtie is well-positioned for significant growth in the future.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech