The latest round values bolttech, which is Singapore’s only homegrown insurtech unicorn, at an up-round valuation of approximately US$1.5 billion.
Singapore-based insurtech company, bolttech, says it has secured its Series B investment on Oct 17.
The round was led by Tokio Marine, which invested US$50 million ($71.3 million) in the round. The amount is one of Tokio Marine’s largest investments made in an insurtech company to-date, says bolttech.
