Singapore-based automotive insurance startup Vouch Insurtech has closed a S$1 million ($759,040) seed investment from Taipei-based Nogle Capital Management, GREE Ventures and several angel investors, according to a press release.
Earlier this month, Vouch Insurtech entered into partnerships with three insurance companies in the city-state – NTUC Income, Sompo Insurance Singapore and Tokio Marine Singapore – who will be connected to its digital platform, which provides peer-to-peer (P2P) car insurance to customers.