Bima Milvik - About the company
Bima Milvik is an acquired company based in London (United Kingdom), founded in 2010 by Gustaf Agartson and Mathilda Strom. It operates as a Provider of healthcare and insurance services. Bima Milvik has raised $233M in funding from investors like Kinnevik, Digicel Group and Allianz X. The company has 54 active competitors, including 5 funded and 9 that have exited. Its top competitors include companies like MetLife, BGL Group and Saga.
Company Details
- Website
- bimamilvik.com
- Email ID
- *****@milvik.se
Key Metrics
Founded Year
2010
Location
London, United Kingdom
Stage
Acquired
Total Funding
$233M in 9 rounds
Latest Funding Round
Ranked
9th among 54 active competitors
Annual Revenue
£1.71M as on Dec 31, 2022
Employee Count
1,508 as on Apr 30, 2026
Exit Details
Acquired by CapitalSG (Oct 25, 2023)
Legal entities associated with Bima Milvik
Bima Milvik is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MILVIK TECHNOLOGY SERVICES INDIA PRIVATE LIMITED CIN: U72200KA2016FTC087248 , India, Active | Mar 24, 2016 | $959K (As on Mar 31, 2025) | 29 (As on Jan 31, 2024) | |
MILVIK UK LIMITED CIN: 9022636 , Germany, Active | May 01, 2014 | $2.11M (As on Dec 31, 2022) | 31 (As on Dec 31, 2020) |
Bima Milvik's acquisition details
Bima Milvik got acquired by CapitalSG on Oct 25, 2023.
Click here to take a look at Bima Milvik's acquisition in detail
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Bima Milvik's funding and investors
Bima Milvik has raised a total funding of $233M over 9 rounds. Its first funding round was on Mar 01, 2013. Its latest funding round was a Series D round on Apr 07, 2021 for $*****. 1 investor participated in its latest round. Bima Milvik has 8 institutional investors.
Here is the list of recent funding rounds of Bima Milvik:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 07, 2021 | 2905097 | Series D | 8574156 | 3352350 | 9721682 | 8102411 |
Sep 07, 2020 | 2421905 | Series D | 2923289 | 8418221 | 1432865 | 1613339 |
Dec 19, 2017 | 6913984 | Series D | 5244637 | 2197348 | 3348051 |
View details of Bima Milvik's funding rounds and investors
Bima Milvik's founders and board of directors
Founder? Claim ProfileThe founders of Bima Milvik are Gustaf Agartson and Mathilda Strom. Gustaf Agartson is the CEO of Bima Milvik.
Here are the details of Bima Milvik's key team members:
- Gustaf Agartson: Co-Founder & CEO of Bima Milvik and founder of 2 other companies, MILVIK and BIMA. They serve on the board of 1 company.
- Mathilda Strom: Deputy CEO & co-founder of Bima Milvik.
View details of Bima Milvik's Founder profiles and Board Members
Bima Milvik's employee count trend
Bima Milvik has 1,508 employees as of Apr 26. Here is Bima Milvik's employee count trend over the years:
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Bima Milvik's Competitors and alternates
Top competitors of Bima Milvik include MetLife, BGL Group and Saga. Here is the list of Top 10 competitors of Bima Milvik, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MetLife 1868, New York City (United States), Public | Internet first provider of life, health, auto, home, and pet insurance services | - | 73/100 | |
2nd | BGL Group 1992, Peterborough (United Kingdom), Series E | Digital distributor of insurance and financial services | $906M | 53/100 | |
3rd | Saga 1951, Folkestone (United Kingdom), Public | Internet first provider of health, motor, travel, and other insurance services | - | 52/100 | |
4th | Legal & General 1836, London (United Kingdom), Public | Internet first provider of life, home, pet, and other insurance services | - | 52/100 | |
5th | MicroEnsure 2002, Cheltenham (United Kingdom), Acquired | Online micro-insurance platform for low-income individuals and businesses | $28M | 49/100 | |
6th | Stable 2017, London (United Kingdom), Series B | Provider of AI and web-enabled supply chain risk management solutions | $354M | 46/100 | |
7th | Liberty Specialty Markets 1994, London (United Kingdom), Unfunded | Provider of health care, property, auto, professional & marine insurance and reinsurance services | - | - | 42/100 |
8th | Churchill 1990, London (United Kingdom), Unfunded | Distributor of insurance products over the phone and web | - | - | 40/100 |
9th | Bima Milvik 2010, London (United Kingdom), Acquired | Provider of healthcare and insurance services | $233M | 42/100 | |
10th | The Exeter 2008, Exeter (United Kingdom), Unfunded | Mutual healthcare and protection insurer | - | - | 36/100 |
Looking for more details on Bima Milvik's competitors? Click here to see the top ones
Bima Milvik's Investments and acquisitions
Bima Milvik has made no investments or acquisitions yet.
News related to Bima Milvik
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CapitalSG acquires majority stake in a digital health and insurance companySingapore Business Review•Oct 25, 2023•Bima Milvik, CapitalSG
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Healthtech firm appoints former Circles Life exec as CPOTech in Asia•Aug 04, 2022•Circles.Life, Bima Milvik
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