Arma Karma

Colchester, United Kingdom Founded: 2019 • Age: 7 yrs Acquired By Bspoke Group
Subscription-based PC insurance platform for individuals
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 5 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Arma Karma

Arma Karma is a company based in Colchester (United Kingdom) founded in 2019 by Chris Frogner and Ben Smyth was acquired by Bspoke Group in March 2025. The company has 5 employees as of October 31, 2021. Arma Karma offers products and services including Phone Insurance, Laptop Insurance, Tablet Insurance, Smartwatch Insurance, and Jewellery Insurance. Arma Karma operates in a competitive market with competitors including Superscript, Esure, QMetric Group, Ripe Thinking and CFC, among others.

  • Headquarter Colchester, United Kingdom
  • Employees 5 as on 31 Oct, 2021
  • Founders Chris Frogner, Ben Smyth
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Legal Name Arma Karma Limited
  • Date of Incorporation 17 May, 2019
  • Jurisdiction COLCHESTER, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    5

    as on Oct 31, 2021

  • Acquired by
    Bspoke Group

    (Mar 18, 2025)

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Products & Services of Arma Karma

Arma Karma offers a comprehensive portfolio of products and services, including Phone Insurance, Laptop Insurance, Tablet Insurance, Smartwatch Insurance, and Jewellery Insurance.

Product name locked
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Primary

Monthly subscription for protecting mobile phones.

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Coverage for laptops against damage and loss.

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Subscription plan for tablet protection.

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Insurance for smartwatches and wearable devices.

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Monthly coverage for personal jewelry items.

Funding Insights of Arma Karma

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Detailed funding history for Arma Karma

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Investors in Arma Karma

Arma Karma has secured backing from 1 investor. Prominent investors backing the company include Bspoke Group.

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Investor Description Founded Year Domain Location
Multi-class niche and specialist insurance is provided via MGA businesses.
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Investor details for Arma Karma

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Investments & Acquisitions by Arma Karma

Investments
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Investment portfolio details for Arma Karma

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Financial Statements - Arma Karma

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Detailed financials for Arma Karma

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Arma Karma Comparisons

Arma Karma Primary company
Description
Subscription-based P&C insurance platform for individuals
Location
Colchester, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
5
As of 2021
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Peer comparison for Arma Karma

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Competitors of Arma Karma

Arma Karma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Superscript, Esure, QMetric Group, Ripe Thinking and CFC, among others.

Company Name Domain Founded year HQ Location Description
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Online insurance is offered to small businesses and freelancers.
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Insurance provider for car, travel
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Insurance provider
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Property and casualty insurance is provided via an online platform.
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Online health and P&C insurance is provided for businesses.
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Provides app-based insurance services for cars and homes, offering convenient coverage options.
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Detailed competitors of Arma Karma

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Latest news on Arma Karma

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Complete news archive for Arma Karma

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Frequently Asked Questions about Arma Karma

Arma Karma was founded in 2019.

Arma Karma is headquartered in Colchester, United Kingdom.

Ben Smyth is the current CEO of Arma Karma. They have also founded this company.

As of Oct 31, 2021, the latest employee count at Arma Karma is 5.

Subscription-based PC insurance platform for individuals. It offers quotes for phones, tablets, laptops, bikes, jewellery, sports equipment, musical instruments, and more. It also offers online claims settlement services.

Arma Karma's top competitors include Superscript, Esure and QMetric Group.

Arma Karma offers Phone Insurance, Laptop Insurance, Tablet Insurance, Smartwatch Insurance, and Jewellery Insurance.

Arma Karma has 1 investor. Key investors include Bspoke Group.

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