Bolttech announced its Series C funding round, led by Dragon Fund, Liquidity, and MUFG, with participation from Baillie Gifford, Generali (via Lion River, Generali Group’s private equity arm), and others. The round is projected to exceed $100 mn.
This funding follows bolttech’s record-breaking Series A and B rounds. It values the company at $2.1 bn and supports its global growth strategy.
Bolttech is a global insurtech company that focuses on enabling seamless insurance distribution and enhancing customer experiences through technology. The company provides a robust, technology-driven ecosystem that connects insurers, distribution partners, and customers, offering innovative solutions for embedded insurance and digital distribution.
The investment will help enhance bolttech’s platform, expand its global presence, and accelerate efforts to make insurance more personalized, accessible, affordable, and convenient.
Rob Schimek, Group CEO at bolttech, stated, “This funding highlights our value proposition and underscores our commitment to innovation. With support from Dragon Fund and other Series C investors, we aim to transform the insurance landscape with our technology-driven ecosystem.”
Dragon Fund’s CIO, Ridhi Chaudhary, expressed enthusiasm about the partnership, noting bolttech’s rapid rise in embedded insurtech and its global scale. Chaudhary also highlighted their anticipation of joining the Board of Directors to support bolttech’s next growth phase.
Baillie Gifford’s Investment Manager, Hendrik Borginon, praised bolttech’s transformative role in embedded insurance.
bolttech is a pioneering force in the embedded insurance space. By enabling seamless integration of insurance products into their distribution partners, bolttech is transforming how insurance is bought and sold globally
Hendrik Borginon, Investment Manager, Baillie Gifford
Aakash Tulsani, Managing Director at Dragon Fund, pointed to bolttech’s differentiated technology and program management as key to integrating insurance into customer purchase journeys. He highlighted the company’s ability to deliver affordable, customized products, positioning it as a leader in the $70 bn global embedded insurance market.
Bolttech operates across multiple markets worldwide, leveraging its scalable platform to integrate insurance offerings directly into the customer journey. Its solutions make insurance more accessible, affordable, and tailored to individual needs, helping partners distribute insurance in a way that aligns with modern consumer behavior.
Key features of bolttech’s platform include advanced data analytics, program management, and a wide range of insurance product offerings.
These tools allow partners to optimize customer engagement and expand their reach with minimal friction. Bolttech serves sectors such as retail, e-commerce, telecommunications, and financial services, creating diverse distribution channels for insurers.
With a strong leadership team and significant financial backing from global investors, bolttech has established itself as a major player in the insurtech space. Its ability to innovate and scale quickly has made it a pioneer in the embedded insurance market, enabling businesses and customers to benefit from simplified and efficient insurance solutions.
