Igloo is an insurtech AI platform that provides insurance accessible through creating digital insurance products.
Igloo is the first full-stack insurtech firm to emerge from Singapore. It has offices in Singapore, Indonesia, Thailand, The Philippines, Vietnam, and Malaysia and tech centers in China and India. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimize and enhance existing products and services. Igloo has partnered with over 55 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services.
For more information, please visit https://www.iglooinsure.com/.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 28, 2022 | Series B | $27M | 5 | InsuResilience Investment Fund | — | Detail |
Mar 10, 2022 | Series B | $19M | 5 | Cathay Innovation | — | Detail |
Apr 24, 2020 | Series A | $16M | 6 | InVent | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
InsuResilience Investment Fund | Yes | Series B |
InVent | Yes | Series A |
Finnfund | — | Series B |
Cathay Innovation | — | Series B |
La Maison Partners | — | Series B |
Women’s World Banking Asset Management | — | Series B |
Asian Capital Alliance | — | Series B |
Openspace | — | Series B |
Partech | — | Series B |
Singtel Innov8 | — | Series B |