To global growth. Singapore-based insurtech bolttech recently completed the close of their Series C round at $147M.

• bolttech raised over $100M back in December 2024. 
• The company is now valued at $2.1B! 

Investor check. Sumitomo Corporation, Iberis Capital, Dragon Fund, Baillie Gifford, Generali’s Lion River, and other investors joined in!

More than just $$$. Sumitomo Corporation also entered into a joint venture with bolttech to deliver embedded insurance programs and complementary end-to-end services for partners in Asia. 

• The Sumitomo Corporation Group consists of around 900 companies.

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✅ Offer insurance easily

bolttech enables businesses to launch their own insurance offerings seamlessly through their embedded platform. 

• Companies can customize and manage insurance products and protection offerings all in one place. 
• bolttech has a wide range of insurance offerings for mobile devices, health tech devices, home, travel, cars, and more! 

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⏭️ Big moves ahead

They’ll use the $$$ to enhance the platform’s capabilities, accelerate their global growth strategy to make insurance more personalized and accessible for customers.