Igloo is a full stack insurtech startup founded in 2016. It leverages big data, real-time risk assessment and end-to-end automated claims management to create innovative B2B2C insurance solutions for platform partners and insurers. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams and optimise and enhance existing products.
Location: Singapore
Employees: 51-200
Total raised: $95.2M
Founded date: 2016
Investors 6
| Date | Name | Website |
| 12.05.2021 | Cathay Cap... | cathaycapi... |
| - | Openspace ... | openspace.... |
| - | Openspace ... | openspacec... |
| - | La Maison | lamaisonpa... |
| - | InVent by ... | inventvc.c... |
| - | Partech Pa... | partechpar... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 26.01.2026 | - | $5M | - |
| 08.12.2023 | Series B | $36M | - |
| 08.12.2022 | Series B | $46M | - |
| 23.04.2020 | Series A | $8.2M | - |
Mentions in press and media 16
| Date | Title | Description |
| 26.01.2026 | Japanese insurer Tokio Marine invests $5m in SE Asian insurtech Igloo | - |
| 08.12.2023 | Igloo Closes US$36M Pre-Series C Funding | Igloo, a Singapore-based regional provider of insurtech solutions for companies, raised US$36M in Pre-Seed funding. The round was led by Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, with participation from O... |
| 05.12.2023 | Deals in brief: Qarbotech and Box Vietnam secure funding, Biodiversity Accelerator+ unveil impact-focused startups at COP28, multiple China and India deals, and more | Qarbotech secures USD 700,000 to improve agricultural productivity The Malaysia-based agritech startup has announced that it has secured a total of USD 700,000 in seed funding and grants. According to a statement released by Qarbotech, 500 ... |
| 04.12.2023 | Igloo raises $36m, eyes profitability by 2024 | FintechInvestmentsNews Gabriel Budi Sutrisno · 2d ago · 3 min readIgloo raises $36m, eyes profitability by 2024 Photo credit: Igloo Igloo, a Singapore-based insurtech company, announced that it has raised US$36 million in a pre-series C fun... |
| 04.12.2023 | Deals in brief: Igloo and Gravel secure funding, COP28 participants step up financial commitments, multiple China, India, and Middle East deals, and more | Igloo raises USD 36 million in pre-Series C funding The insurtech company has announced the completion of its pre-Series C funding round, raising USD 36 million. The round was led by Eurazeo, utilizing its BNP Paribas Cardif-backed insurtec... |
| 14.06.2023 | Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies | The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance de... |
| 29.11.2022 | Insurtech Igloo Extends Series B to $46M, Will Build on Core Capabilities | Regional Insurtech Igloo announced that it has successfully “raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million.” The initial Series B capital raise of $19M in March thi... |
| 28.11.2022 | Southeast Asia insurtech Igloo increases its Series B to $46M | Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced ... |
| 31.03.2022 | Ex-Grab, Alibaba exec joins SG insurtech firm Igloo | FintechManagementNews Roehl Niño Bautista · 11h ago · 1 min readEx-Grab, Alibaba exec joins SG insurtech firm Igloo Singapore-based insurtech firm Igloo has appointed Wilson Tseng as its new chief business officer. The move comes after it r... |
| 10.03.2022 | Singtel’s VC arm joins $19m round of SG insurtech firm | InvestmentsNewsStartups Deepti Sri · 10 Mar 2022 · 2 min readSingtel’s VC arm joins $19m round of SG insurtech firm Singapore-based insurtech firm Igloo has raised US$19 million in its series B funding round led by global VC firm Cathay Inn... |
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