Singapore-based insurtech startup bolttech raises $180m at over $1b valuation

Singapore-based insurtech startup bolttech raises $180m at over $1b valuation

Photo: Reuters

Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion.

The New York- and Singapore-based company’s online platform serves as a matchmaker between insurance companies, allowing them to offer customers products that may not be in their area of specialisation.

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