bolttech Raises Series B Funding
- bolttech, a Singapore-based insurtech company, raised an undisclosed amount in Series B funding
- The investment values bolt tech at approximately US$1.5 billion
- The round was led by Tokio Marine, with participation from other shareholders
- The company intends to use the funds to accelerate its global growth
- The company is a B2B2C insurtech that leverages its insurance exchange to connect insurers with distributors and their customers
- Globally, the insurance exchange connects over 800 distribution partners with more than 200 insurance providers and offers in excess of 6,000 product variations
