Sigo Insurance

New York, United States Founded: 2017 • Age: 9 yrs
App-based auto insurance comparison is offered to individuals.
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About Sigo Insurance

Sigo Insurance is a company based in New York (United States) founded in 2017 by Ivan Arambula, Nestor Hugo Solari, and Julio Erdos.. Sigo Insurance has raised $22.7 million across 6 funding rounds from investors including Gener8tor, Financial Health Network and Flintlock Capital.

  • Headquarter New York, United States
  • Founders Ivan Arambula, Nestor Hugo Solari, Julio Erdos
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22.7 M (USD)

    in 6 rounds

  • Latest Funding Round
    $10.5 M (USD), Series A

    Jul 29, 2024

  • Investors
    Gener8tor

    & 20 more

  • Employee Count
    Employee Count
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People of Sigo Insurance
Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Nestor Hugo Solari
CEO & Co-Founder

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Teams

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Funding Insights of Sigo Insurance

Sigo Insurance has successfully raised a total of $22.7M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $10.5 million completed in July 2024. 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 Rounds 6
  • Last Round Series A — $10.5M
  • First Round

    (17 Jun 2019)

  • Investors Count 21
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2024 Amount Series A - Sigo Insurance Valuation Flintlock Capital , Rise of the Rest
Jul, 2023 Amount Seed - Sigo Insurance Valuation Zeal Capital Partners , Listen VC
Feb, 2022 Amount Seed - Sigo Insurance Valuation Listen VC , Chingona Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sigo Insurance

Sigo Insurance has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gener8tor, Financial Health Network and Flintlock Capital. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Founded Year Domain Location
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Founded Year Domain Location
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Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sigo Insurance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sigo Insurance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sigo Insurance Comparisons

Employees
+
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Competitors of Sigo Insurance

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sigo Insurance

Frequently Asked Questions about Sigo Insurance

When was Sigo Insurance founded?

Sigo Insurance was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Sigo Insurance located?

Sigo Insurance is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Sigo Insurance?

Nestor Hugo Solari is the current CEO of Sigo Insurance. They have also founded this company.

Is Sigo Insurance a funded company?

Sigo Insurance is a funded company, having raised a total of $22.7M across 6 funding rounds to date. The company's 1st funding round was a Seed of $5.4M, raised on Jun 17, 2019.

What does Sigo Insurance do?

Sigo Insurance was founded in 2017 in New York, United States, within the insurance technology sector. An app-based platform is provided for comparing auto insurance options targeted at individuals. Services encompass policy renewals, changes, and management functionalities. The application is accessible on both Android and iOS devices, supporting operations primarily in the United States.

Who are Sigo Insurance's investors?

Sigo Insurance has 21 investors. Key investors include Gener8tor, Financial Health Network, Flintlock Capital, Zeal Capital Partners, and Rise of the Rest.

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