Insurance Business Asia

Insurtech bolttech secures additional series A funding

Insurance technology unicorn bolttech has upped the total value of its series A funding round from US$180 million to US$210 million.

The round, which was led by Activant Capital Group, is the largest of its kind for an insurtech firm, bolttech said. Two new investors have joined – Singapore-based global investor EDBI and Alma Mundi Insurtech Fund (Mundi Ventures) from Spain.