Reported 1 day ago
Singapore-based insurtech company bolttech has successfully raised over $100 million in its Series C funding round, bringing its valuation to $2.1 billion. The funding, led by Mitsubishi UFJ Financial Group's Dragon Fund and Liquidity Group, will aid in the company's global growth strategy. Founded in 2020, bolttech operates a digital platform for buying and selling insurance products in over 35 markets worldwide. This funding round reflects a 31.3% increase from its previous Series B round, which raised $246 million.
Source: YAHOO