Singlife

Singapore, Singapore Founded: 2014 • Age: 12 yrs Acquired By Sumitomo Life Insurance Company
App-based life and health insurance platform is provided.
Annual revenue - Latest available
Total funding $319.0M 7 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Singlife

Singlife is a company based in Singapore (Singapore) founded in 2014 was acquired by Sumitomo Life Insurance Company in December 2023. Singlife has raised $319.05 million across 7 funding rounds from investors including Aflac, Aboitiz and Sumitomo Life Insurance Company. Singlife has completed 2 acquisitions, including Aviva and Your Canvas.

  • Headquarter Singapore, Singapore
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
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
  • Total Equity Funding
    $319.05 M (USD)

    in 7 rounds

  • Latest Funding Round
    $132.8 M (USD), Series D

    Nov 09, 2023

  • Investors
    Aflac

    & 8 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Aviva

    & 1 more

  • Acquired by
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People of Singlife

Headcount 50-200
Employee Profiles 138
Board Members and Advisors 8
Employee Profiles
People
Keith Pak
Content Strategist
People
Damian Ho
Group Head, Strategy & Corporate Development
People
Pawandip Singh
Strategy & Corporate Development Assistant Vice President
People
Darwin Jason Pajares
Software Engineer

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Board Members and Advisors
people
Nirmala Menon
Independent Non-Executive Director
people
Yap Chee Keong
Independent Non-Executive Director
people
Kensei Kawaguchi
Non-Executive Director
people
Ray Ferguson
Independent Non-Executive Director & Chairman

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Funding Insights of Singlife

Singlife has successfully raised a total of $319.05M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $132.8 million completed in November 2023. 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.

Investors in Singlife

Singlife has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Aflac, Aboitiz and Sumitomo Life Insurance Company.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified secondary market and venture capital investments are managed.
Locked Locked Locked
Investments in early to late-stage tech startups are managed.
Locked Locked Locked
Investments are made by IPGL in financial and multiple sectors.
Locked Locked Locked
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Investor details for Singlife

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Singlife

Singlife has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aviva and Your Canvas.

Investments
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Investment portfolio details for Singlife

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
NFC-enabled prepaid cards are offered for parents, kids, and workers.
Locked Locked 2017 Locked
Insurance services are provided to customers in Singapore by Aviva.
Locked Locked 2005 Locked
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Complete acquisition details for Singlife

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Singlife

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Detailed financials for Singlife

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Singlife Comparisons

Singlife Primary company
Description
App-based life and health insurance platform is provided.
Location
Singapore, Singapore
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Singlife

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Singlife

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Detailed competitors of Singlife

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Singlife

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Complete news archive for Singlife

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Singlife

Singlife was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Singlife is headquartered in Singapore, Singapore.

Singlife is a funded company, having raised a total of $319.05M across 7 funding rounds to date.

Provider of an app-based life and health insurance platform. It offers quotes for term life insurance, critical illness, death, terminal illness, cancer plans, and more. It also provides claims processing services. It offers wealth management services. It allows users to track insurance and control money spending. Its app is available on Android and iOS platforms.

Singlife has made 2 acquisitions, including Aviva, and Your Canvas.

Singlife has 9 investors. Key investors include Aflac, Aboitiz, Sumitomo Life Insurance Company, Aberdeen Standard, and Ion Pacific.

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