bolttech secures over US$100 million in a Series C funding round led by Dragon Fund, further enhancing its valuation to US$2.1 billion and positioning it for continued global growth in the insurtech industry.

Information on the Target

bolttech is a rapidly growing global insurtech company that specializes in embedded insurance solutions. The firm has achieved remarkable growth, previously securing record-breaking funding in its Series A and Series B rounds, allowing it to establish a strong foothold in the insurtech industry. With the recent announcement of its Series C funding round, bolttech's valuation has risen to US$2.1 billion, positioning the company as a leader in the marketplace for technology-driven insurance solutions.

This latest funding round, expected to exceed US$100 million, will provide bolttech with essential resources to enhance its platform capabilities, broaden its market presence, and expedite its mission to create insurance products that are more personalized, accessible, affordable, and convenient for customers worldwide.

Industry Overview in Singapore

Singapore has established itself as a leading global financial hub, significantly impacting the insurance sector. The insurtech industry in the country is experiencing exponential growth, driven by technological advancement