PasarPolis

Jakarta, Indonesia Founded: 2015 • Age: 11 yrs
Online insurance quotes for cellphone and health coverage are compared.

About PasarPolis

PasarPolis is a company based in Jakarta (Indonesia) founded in 2015 by Cleosent Randing. PasarPolis has raised $71 million across 6 funding rounds from investors including Gojek, Traveloka and Tokopedia. PasarPolis operates in a competitive market with competitors including Cermati, Lifepal, tanamduit, Futuready and CekAja, among others.

  • Headquarter Jakarta, Indonesia
  • Founders Cleosent Randing
  • Sectors
    Financial Services
  • Website category Finance · Accounting and Auditing
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website pasarpolis.io
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $71M (USD)

    in 6 rounds

  • Investors
    Gojek

    & 11 more

Funding Insights of PasarPolis

PasarPolis has successfully raised a total of $71M across 6 strategic funding rounds. 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 $71M
  • Total Rounds 6
  • Investors Count 12

All 6 funding rounds of PasarPolis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2025–Series B–Tokio Marine Insurance Group
–
Sep 2023$12MSeries B––
Feb 2021$5MSeries B––
Sep 2020$54MSeries B–LeapFrog Investments, Xiaomi
Aug 2018–Series A–Gojek, Tokopedia
–
Apr 2017–Seed–East Ventures
–
Valuation history

12 investors in total: 12 institutional.

Investors in PasarPolis

PasarPolis has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Gojek, Traveloka and Tokopedia.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
IFC is focused on private sector development in emerging markets.
1956ifc.org-
Private equity fund focused on banking, finance, healthcare, and multiple sectors
2007leapfroginvest.comJohannesburg, South Africa
Tech focused VC firm making investment in seed and early stage companies in the US & Asia
–alphajwc.comJakarta, Indonesia
Early-stage tech startups in Indonesia are funded by Intudo Ventures.
–intudovc.comJakarta, Indonesia
Venture capital funds are managed to support unlisted companies' growth.
–sbinvestment.co.jpMinato City, Japan
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
–east.vc-
-
–argor.vc-
Multi-category consumer electronics are offered through an internet-first model.
2010mi.comBeijing, China
App based platform offering on demand delivery and ride-hailing services
2010gojek.comJakarta, Indonesia
Multiple travel services are booked via an app-based platform.
2012traveloka.comJakarta, Indonesia
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Investor details for PasarPolis

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  • Round participation
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People of PasarPolis

1 people are tracked at PasarPolis (1 in leadership).

NameRoleGroup
Cleosent Randing
Co-Founder & CEOLeadership
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Complete people profiles for PasarPolis

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Timeline of PasarPolis

3 dated milestones of PasarPolis across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded PasarPolis is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B,.

Competitors of PasarPolis

PasarPolis 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 Cermati, Lifepal, tanamduit, Futuready and CekAja, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cermati.com2014Jakarta, Indonesia$2.92M–
Comparison platform for financial products
lifepal.co.id2018Jakarta, Indonesia$9M–
Insurance policies are compared and purchased online through the platform.
tanamduit.com2015Jakarta, Indonesia$3M–
Financial planning and advisory services are provided to individuals.
futuready.com2011Jakarta, Indonesia––
Online platform to compare insurance products
cekaja.com2013Jakarta, Indonesia––
Financial and insurance products are compared via an online platform.
jagain.com2017Jakarta, Indonesia––
Operates an online platform for comparing insurance options.
rajapremi.com2013Jakarta, Indonesia––
Online insurance comparison services are offered for Indonesian consumers.
simasinsurtech.com2014Jakarta, Indonesia––
Online platform providing digital insurance products for consumers and protection needs.
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Detailed competitors of PasarPolis

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of PasarPolis

The website of PasarPolis (pasarpolis.io) receives about 6K visits a month and ranks #925,864 among all websites worldwide, #2,302 in Accounting and Auditing.

  • Monthly visits
    6K

    ▼ 84% vs previous month

  • Unique visitors
    18.1K

    per month

  • Global rank
    #925,864

    among all websites

  • Category rank
    #2,302

    Finance · Accounting and Auditing

Latest news on Pasarpolis

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Complete news archive for PasarPolis

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  • Source and publication date
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  • Brand-specific news history

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Similar companies to PasarPolis

10 companies that operate in the same segment as PasarPolis (Insurance Providers), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
General and life insurance products are provided across multiple categories.
2016Bengaluru, Karnataka, IndiaUSD 466.54 MUSD 1.12 B4,530
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Provider of a cloud-based platform for life and P&C insurance
2015New York, New York, United StatesUSD 643.86 MUSD 615.2 M1,240
App-based health insurance is offered to individuals and businesses.
2016Paris, FranceUSD 863.12 M––
Online small business insurance policies are provided.
2016Palo Alto, California, United StatesUSD 1.2 B––
App-based comparison platform for financial products
2009San Francisco, California, United StatesUSD 123.3 MUSD 836.6 M650
Homeowners insurance coverage is delivered via an online platform.
2015Palo Alto, California, United StatesUSD 709.36 MUSD 468.6 M478
Online health insurance is provided to individuals and businesses.
2012New York, New York, United StatesUSD 1.63 BUSD 11.7 B2,400
Insurance plans are compared and purchased via an online marketplace.
2008Gurugram, Haryana, India–––
Provider of protection plans and repair services for gadgets and appliances
2011Mumbai, Maharashtra, IndiaUSD 53.15 MUSD 35.77 M336
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Frequently Asked Questions about PasarPolis

PasarPolis was founded in 2015 and raised its 1st funding round 2 years after it was founded.

PasarPolis is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.

Cleosent Randing is the current CEO of PasarPolis. They have also founded this company.

PasarPolis is a funded company, having raised a total of $71M across 6 funding rounds to date.

Founded in 2015 and based in Jakarta, Indonesia, PasarPolis operates as an online platform for insurance comparison targeted at individuals. Quotes are provided for cellphone screen protection against damage and theft, as well as health insurance covering treatments, surgeries, and medications. Claims processing services are also handled through the platform, facilitating access in the insurtech sector.

PasarPolis's top competitors include Cermati, tanamduit and Lifepal.

PasarPolis has 12 investors. Key investors include Gojek, Traveloka, Tokopedia, Xiaomi, and International Finance Corporation.

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