About Bolttech
Bolttech is a company based in Singapore (Singapore) founded in 2020 by Eric Gewirtzman and Rob Schimek.. Bolttech has raised $740.2 million across 9 funding rounds from investors including HSBC, Generali and Sumitomo Corporation. Bolttech has completed 5 acquisitions, including AVA insurance, Axle Asia and Digital Care. Bolttech offers products and services including Distribution Engine, Embedded Insurance API, Agency Portal, and Servicing Portal. Bolttech operates in a competitive market with competitors including Zopper, Cover Genius, Qover, Open and Tint, among others.
- Headquarter Singapore, Singapore
- Founders Eric Gewirtzman, Rob Schimek
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$740.2 M (USD)
in 9 rounds
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Latest Funding Round
$147 M (USD), Series C
Jun 04, 2025
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Investors
HSBC
& 20 more
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Employee Count
Employee Count
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Investments & Acquisitions
AVA insurance
& 4 more
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Products & Services of Bolttech
Bolttech offers a comprehensive portfolio of products and services, including Distribution Engine, Embedded Insurance API, Agency Portal, and Servicing Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for scaling B2B2C protection and embedded insurance.
API to embed quote, bind, and pay in customer journeys.
Portal to boost insurance sales and operational efficiency.
Portal for submitting service requests and handling claims.
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Funding Insights of Bolttech
Bolttech has successfully raised a total of $740.2M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $147 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series C — $147.0M
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First Round
First Round
(01 Jul 2021)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series C - Bolttech | Valuation | Dragon Funds | |
| Dec, 2024 | Amount | Series C - Bolttech | Valuation | Dragon Funds | |
| Nov, 2024 | Amount | Debt – Venture - Bolttech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bolttech
Bolttech has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Generali and Sumitomo Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Equity investments are targeted at mid-to-late stage technology companies.
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Founded Year | Domain | Location | |
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Private equity fund focused on banking, finance, healthcare, and multiple sectors
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Founded Year | Domain | Location | |
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Private equity investment firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bolttech
Bolttech has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include AVA insurance, Axle Asia and Digital Care. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App based insurance solution
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2019 | ||||
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Provider of software and hardware solutions for insurance industry
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2012 | ||||
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Customized software solutions are developed for insurance product needs.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bolttech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bolttech Comparisons
Competitors of Bolttech
Bolttech 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 Zopper, Cover Genius, Qover, Open and Tint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
API-enabled insurance distribution platform is provided for B2C companies.
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| domain | founded_year | HQ Location |
Software suite for insurance distribution and management is provided.
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| domain | founded_year | HQ Location |
Software suite for designing and distributing digital insurance is offered.
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| domain | founded_year | HQ Location |
AI-based software suite is offered for insurance industry operations.
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| domain | founded_year | HQ Location |
Embedded insurance solutions are delivered to businesses through platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bolttech
Frequently Asked Questions about Bolttech
When was Bolttech founded?
Bolttech was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Bolttech located?
Bolttech is headquartered in Singapore, Singapore.
Who is the current CEO of Bolttech?
Eric Gewirtzman is the current CEO of Bolttech. They have also founded this company.
Is Bolttech a funded company?
Bolttech is a funded company, having raised a total of $740.2M across 9 funding rounds to date. The company's 1st funding round was a Debt – Venture of $50M, raised on Jul 01, 2021.
What does Bolttech do?
Bolttech was founded in 2020 in Singapore and operates in the insurance technology sector. Insurers, distribution partners, and customers are connected to facilitate insurance transactions. Coverage is offered for mobile phones, travel, and additional areas, alongside claims processing and on-demand servicing. Device repair and valuation services are also provided to support operations across the region.
Who are the top competitors of Bolttech?
Bolttech's top competitors include Zopper, Cover Genius and Qover.
What products or services does Bolttech offer?
Bolttech offers Distribution Engine, Embedded Insurance API, Agency Portal, and Servicing Portal.
How many acquisitions has Bolttech made?
Bolttech has made 5 acquisitions, including AVA insurance, Axle Asia, and Digital Care.
Who are Bolttech's investors?
Bolttech has 21 investors. Key investors include HSBC, Generali, Sumitomo Corporation, MetLife, and LeapFrog Investments.
What is Bolttech's valuation?
The valuation of Bolttech is $1.5B as of Oct 2022.
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