SG-based insurtech clinches US$196m in Series B funding round

Bolttech plans to explore inorganic opportunities to expedite its international expansion.

Singapore’s Bolttech secured US$196m in funding through its Series B round. The series-B mega-round boosted the insurtech's value to US$1.6b.

Japanese insurance company, Tokio Marine, led the latest funding round.

Other key investors were MetLife subsidiary, MetLife Next Gen Ventures and Malaysia's sovereign wealth fund Khazanah Nasional.

ALSO READ: bolttech partners with Thailand’s AIS for embedded protection services

The startup will use the funds it raised from the Series B round to support investments in proprietary technology, digital capabilities for business partners and end consumers, and hiring more talent across more than 30 markets.

Bolttech also plans to explore inorganic opportunities to expedite its international expansion.

Follow the link for more news on

Singapore Startups

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia