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Bolttech

About Bolttech

Bolttech is an international insurtech startup that enhances embedded insurance offerings, paving the way for innovative solutions in the insurance market. The company aims to build the world's leading, technology-enabled ecosystem for protection and insurance.

Business Information
Target Customers
enterprises insurance providers financial institutions
Industry Categories
Accounting/Finance Software Professional Services & B2B Marketplaces
Business Model
Revenue Model SaaS
Pricing Strategy Custom pricing based on usage and services
Sales Channels direct sales, partnerships with insurers
Funding Timeline
Round Date Amount Investors
Series C Jun 04, 2025 $147.0M Sumitomo Corporation, Iberis Capital, two new strategic investors
Founders
R
Rob Schimek

Founder & Group Chief Executive Officer

R
Richard Li

Founder & CEO

Investors
I
Iberis Capital

Venture Capital and Private Equity

Recent Mentions
_DailyDoseMedia
Daily Dose Media @_DailyDoseMedia
Jun 04, 2025

🚀 Exciting news! Bolttech has successfully closed a Series C fundraising round at $147M, boasting a valuation of $2.1B! This funding will enhance their embedded insurance offerings, paving the way for innovative solutions in the insurance market. 💡 #In… https://t.co/j2aEqe9A7M

kyodonewsprwire
共同通信PRワイヤー @kyodonewsprwire
Jun 05, 2025

bolttech closes Series C fundraise, welcomes strategic investors Sumitomo Corporation and Iberis Capital【bolttech】 https://t.co/jBEnMwRVwS

TradedVC
Traded: Venture Capital @TradedVC
Jun 04, 2025

Bolttech, a Singapore-based embedded insurance provider founded in 2020 by Rob Schimek, has raised $147 million in a Series C round at a $2.1 billion valuation to expand its offerings. The funding, led by inve... https://t.co/qKidJbMCA7

NewsReinsurance
Reinsurance News @NewsReinsurance
Jun 05, 2025

bolttech closes $147m Series C funding round with two new strategic investors. https://t.co/Ll7nHCoU7B

raisingfi
Raising.fi @raisingfi
Jun 05, 2025

New Raise 🏛️ Company: bolttech 🔗 Website: https://t.co/KgVB8eCHkg 📊 Amount: $147 Million 🔄 Round: Series C 🧮 Valuation: $2.1 Billion ⚙️ Industry: Insurance, Fintech

Investclubsv
Silicon Valley Investclub @Investclubsv
Jun 05, 2025

Bolttech has raised $147 million in a Series C round at a $2.1 billion valuation. Bolttech, headquartered in Singapore, was founded in 2020 by Richard Li. https://t.co/Q0Ch5d4J80