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
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Email••••••••
- Website bolttech.io
- Social LinkedIn YouTube
- Total Equity Funding$740.2M (USD)
in 9 rounds
- Latest Funding Round$147M (USD), Series C
Jun 2025
- InvestorsHSBC
& 20 more
- Investments & AcquisitionsAVA insurance
& 4 more
Products & Services of Bolttech
Bolttech offers a comprehensive portfolio of products and services, including Distribution Engine, Embedded Insurance API, Agency Portal, and Servicing Portal.
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.
Apps and channels of Bolttech
its YouTube channel bolttech has 24 subscribers and 30 videos.
Videos from Bolttech
The most watched videos on Bolttech's YouTube channel, bolttech (24 subscribers). Click a video to play it here.
More on bolttech.
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 $740.2M
- Total Rounds 9
- Last Round Series C — $147M
- First Round $180M
(Jul 2021)
- Investors Count 21
All 9 funding rounds of Bolttech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2025 | $147M | Series C | – | Dragon Funds | |
| Dec 2024 | $100M | Series C | – | Dragon Funds | |
| Nov 2024 | $50M | Debt – Venture | – | – | |
| Sep 2023 | $50M | Series B | – | LeapFrog Investments | – |
| May 2023 | $196M | Series B | – | Tokio Marine Insurance Group | |
| Oct 2022 | – | Series B | $1.5B | Tokio Marine Insurance Group | – |
| Dec 2021 | $37.2M | Series A | – | BRV Capital Management | – |
| Sep 2021 | $30M | Series A | – | Activant Capital | |
| Jul 2021 | $180M | Series A | $1B | Activant Capital |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $1.5B | •••••••• |
| Jul 2021 | $1B | •••••••• |
Last known valuation $1.5B (Oct 2022). 21 investors in total: 21 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Equity investments are targeted at mid-to-late stage technology companies. | – | dragonfunds.com | Singapore, Singapore | |
Private equity fund focused on banking, finance, healthcare, and multiple sectors | 2007 | leapfroginvest.com | Johannesburg, South Africa | |
Private equity investment firm focused on multiple sectors | – | pcg-group.com | Hong Kong, China | |
Venture capital firm focused on B2B business model and insurtech sectors | – | mundiventures.com | Madrid, Spain | |
Venture capital fund investing in tech sectors | – | activantcapital.com | Greenwich, United States | |
Government-backed investments are directed toward healthcare, fintech, and various sectors. | – | edbi.com | Singapore, Singapore | |
Capital investment services are offered by the company. | – | dowlingcapitalpartners.com | - | |
Venture capital and private equity are directed toward multiple sectors. | – | tarsadia.com | Newport Beach, United States | |
FutureShape is involved in shaping and building futures. | – | futureshape.com | Paris, France | |
Iberis Capital is recognized as a leading private equity and venture capital manager in Portugal. | 2017 | iberiscapital.com | Lisbon, Portugal |
Investor details for Bolttech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Bolttech
261 people are tracked at Bolttech (91 in leadership, 8 in board & advisors, 162 in team).
| Name | Role | Group |
|---|---|---|
Eric Gewirtzman | Co-Founder & Co-CEO | Leadership |
Mark Simmons | Co-CEO | Leadership |
Rob Schimek | Co-Founder & Co-CEO | Leadership |
Ryan Mascarenhas | Chief Operating Officer - North America | Leadership |
Melissa Wong | Group Chief Product Officer | Leadership |
Ashley Mullins | Group Chief General Counsel | Leadership |
Bob McDougall | Director , Group Business Development | Leadership |
Luca Foletto | Head Of Sales & Marketing Bolttech Italy | Leadership |
Scott Austin | Group Chief People Officer | Leadership |
Victoria Choo | Senior People Business Partner | Leadership |
Romaney O'Malley | Group Chief Financial Officer | Leadership |
Rob Bauer | President & Chief Growth Officer | Leadership |
Ralph Chan | Group Head Of Technology Transformation And Enterprise Services | Leadership |
Sandeep Shetye | Director Of IT | Leadership |
Jimmy Au | Head Of Product - Platform (europe) & AI | Leadership |
Dave Pearce | Group Head Of Talent Acquisition | Leadership |
Chan Chow Ping | Head Of IT Infrastructure | Leadership |
Matt More | Cfo, North America | Leadership |
Stuart Watson | Head Of Insurance Exchange Asia | Leadership |
Yew Neng K. | Group Head, Digital Insurance Product | Leadership |
241 more people are available in the full profile.
Complete people profiles for Bolttech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App based insurance solution | mtek-services.com | Nairobi, Kenya | 2019 | Dec 2025 | •••• | |
Provider of software and hardware solutions for insurance industry | digitalcaregroup.com | Warsaw, Poland | 2012 | Oct 2023 | •••• | |
Insurance claim processing services are provided for clients in Asia. | axle-asia.com | Jakarta, Indonesia | 2008 | Oct 2022 | •••• | |
Insurance brokerage services are provided to clients in Singapore. | ava-ins.com | Singapore | 2007 | Feb 2022 | •••• | |
Customized software solutions are developed for insurance product needs. | i-surance.ch | Zurich, Switzerland | 2012 | Jul 2021 | •••• |
Complete acquisition details for Bolttech
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bolttech
9 dated milestones of Bolttech across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Bolttech is founded.
- Funding First funding round of $180.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires i-surance.
- Acquisition Acquires AVA insurance.
- Acquisition Acquires Axle Asia.
- Acquisition Acquires Digital Care.
- Funding Latest funding round, Series C, of $147.0M.
- Acquisition Acquires mTek Insurance Services.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zopper.com | 2011 | Noida, India | $120.6M | 567 | API-enabled insurance distribution platform is provided for B2C companies. | |
| covergenius.com | 2014 | New York, United States | $243.6M | – | Software suite for insurance distribution and management is provided. | |
| qover.com | 2016 | Brussels, Belgium | $71.67M | 92 | Software suite for designing and distributing digital insurance is offered. | |
| beopen.com | 2016 | Sydney, Australia | $34.1M | – | AI-based software suite is offered for insurance industry operations. | |
| tint.ai | 2018 | San Francisco, United States | $25.13M | 24 | Embedded insurance solutions are delivered to businesses through platforms. | |
| bharatsure.com | 2021 | Mumbai, India | $3.25M | 23 | Technology and infrastructure for insurance sales are provided. | |
| lami.world | 2019 | Nairobi, Kenya | $5.5M | – | A software suite is provided for insurers and underwriters. | |
| symbo.co | 2017 | Mumbai, India | $9.4M | 47 | Insurance products are provided across industries and business types. |
Detailed competitors of Bolttech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Bolttech
The website of Bolttech (bolttech.io) receives about 64.1K visits a month and ranks #614,661 among all websites worldwide, #1,514 in Accounting and Auditing.
- Monthly visits64.1K
▲ 18.4% vs previous month
- Unique visitors21.5K
per month
- Global rank#614,661
among all websites
- Category rank#1,514
Finance · Accounting and Auditing
- Bounce rate43%
- Pages per visit2.0
- Average visit39 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with Bolttech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ncblibrary.com | ncblibrary.com | 100% | – | #1,248,902 | – |
| brightway.com | 72% | – | #690,583 | View details | |
| ritterim.com | 71% | 64K | #632,780 | View details | |
| siaa.com | 69% | 24.9K | #955,655 | View details | |
| boldpenguin.com | 68% | 25.4K | #1,861,066 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Bolttech
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Bolttech
Complete news archive for Bolttech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bolttech
10 companies that operate in the same segment as Bolttech (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about Bolttech
Bolttech was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Bolttech is headquartered in Singapore, Singapore.
Eric Gewirtzman is the current CEO of Bolttech. They have also founded this 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 Series A of $180M, raised on Jul 2021.
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.
Bolttech's top competitors include Zopper, Cover Genius and Qover.
Bolttech offers Distribution Engine, Embedded Insurance API, Agency Portal, and Servicing Portal.
Bolttech has made 5 acquisitions, including AVA insurance, Axle Asia, and Digital Care.
Bolttech has 21 investors. Key investors include HSBC, Generali, Sumitomo Corporation, MetLife, and LeapFrog Investments.
The valuation of Bolttech is $1.5B as of Oct 2022.