- Bolttech raises $100M+ in Series C funding
- Dragon Fund leads investment in Singapore insurtech leader
- Company expands global insurance platform across 35 markets
Dragon Fund Backs Insurance Innovation
The Singapore-based insurtech powerhouse bolttech just locked in over $100 million during its Series C funding round. Dragon Fund by Liquidity and MUFG led the investment, pushing bolttech’s valuation to $2.1 billion. Notable investors Baillie Gifford, Generali, and others joined through Lion River.
Tech-First Insurance Revolution
Bolttech’s platform connects insurers, distributors, and customers across 35 markets globally. The company stands at the forefront of embedded insurance – a market worth over $70 billion.
Their digital ecosystem streamlines insurance trading through data-driven capabilities.
Global Expansion Goals
CEO Rob Schimek plans to channel the fresh capital into enhancing platform capabilities and expanding market presence. Dragon Fund’s Chief Investment Officer, Ridhi Chaudhary, praised bolttech’s tech prowess and will join the board to support its growth trajectory.
