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Bolttech - About the company

Bolttech is a series C company based in Singapore (Singapore), founded in 2020 by Eric Gewirtzman. It operates as a Platform connecting insurers, distributors, and customers for embedded insurance products. Bolttech has raised $640M in funding from investors like Activant Capital, Tokio Marine and Dragon Funds, with a current valuation of $2.1B. The company has 107 active competitors, including 36 funded and 3 that have exited. Its top competitors include companies like Akur8 Technologies, Cover Genius and Bharatsure.

Sectors and market segments that Bolttech operate in

Bolttech serves in the FinTech, InsurTech market segments.The primary business model of Bolttech are:

Company Details

Platform connecting insurers, distributors, and customers for embedded insurance products. It offers coverage for mobile phone insurance, travel insurance, and more. It also offers claims and on-demand servicing. It also offers device repair and valuation services.
Email ID
*****@bolttech.at
Phone Number
+43 **********
Registered Address
BENCOOLEN STREET Pincode : 189652
Key Metrics
Founded Year
2020
Location
Singapore, Singapore
Stage
Series C
Total Funding
$640M in 9 rounds
Latest Funding Round
Post Money Valuation
$2.1B as on Jun 04, 2025
Ranked
Annual Revenue
4.58M SGD as on Dec 31, 2024
Employee Count
1,057 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Bolttech's funding and investors

Bolttech has raised a total funding of $640M over 9 rounds. Its first funding round was on Jul 01, 2021. Its latest funding round was a Series C round on Jun 04, 2025 for $47M. 7 investors participated in its latest round. Bolttech has 23 institutional investors.

Here is the list of recent funding rounds of Bolttech:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 04, 2025
$47M
Series C
$2.1B
550.1x
Dec 20, 2024
$100M
Series C
$2.1B
595.3x
Nov 20, 2024
$50M
Venture Debt
-
-
-
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Bolttech's founders and board of directors

Founder? Claim Profile
The founders of Bolttech is Eric Gewirtzman. Eric Gewirtzman and Rob Schimek are the CEOs of Bolttech.
Here are the details of Bolttech's key team members:

Bolttech's employee count trend

Bolttech has 1,057 employees as of Mar 26. Here is Bolttech's employee count trend over the years:
Employee count trend for Bolttech
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Bolttech's Competitors and alternates

Top competitors of Bolttech include Akur8 Technologies, Cover Genius and Bharatsure. Here is the list of Top 10 competitors of Bolttech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Akur8 Technologies
Akur8 Technologies
2018, Paris (France), Series C
Provider of pricing and reserving platform for the insurance industry
$180M
73/100
2nd
Logo for Bolttech
Bolttech
2020, Singapore (Singapore), Series C
Platform connecting insurers, distributors, and customers for embedded insurance products
$640M
69/100
3rd
Logo for Cover Genius
Cover Genius
2014, New York City (United States), Series E
Provider of a software suite for the insurance industry
$244M
69/100
4th
Logo for Bharatsure
Bharatsure
2021, Mumbai (India), Seed
Provider of technology and infrastructure for employee benefits and embedded insurance
$3.25M
67/100
5th
Logo for Zopper
Zopper
2011, Noida (India), Acquired
Provider of API-enabled insurance distribution and management solutions
$125M
64/100
6th
Logo for Qover
Qover
2016, Brussels (Belgium), Series C
Software suite for the insurance industry
$100M
63/100
7th
Logo for Sure
Sure
2013, San Diego (United States), Series C
Insurance as a service platform for insurance carriers and other businesses
$123M
63/100
8th
Logo for Tint
Tint
2018, San Francisco (United States), Series A
Providing embedded insurance solution to businesses
$30M
61/100
9th
Logo for Open
Open
2016, Sydney (Australia), Series B
AI-based software suite for the insurance industry
$53M
60/100
10th
Logo for Eleos Life
Eleos Life
2022, London (United Kingdom), Seed
White-labelled insurance company that offers income protection insurance which can be bought online
$4.75M
59/100
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Bolttech's Investments and acquisitions

Bolttech has made 1 investments in companies including Sherpa. Bolttech has also acquired 6 companies including mTek Insurance Services and Digital Care.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 03, 2025
Acquisition
2019
Nairobi (Kenya)
Oct 18, 2023
Acquisition
2012
Warsaw (Poland)
Oct 06, 2022
Acquisition
2008
Jakarta (Indonesia)
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News related to Bolttech

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Media has covered Bolttech for a total of 19 events in the last 1 year, 8 of them have been about company updates and 4 about partnerships.
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FAQs about Bolttech

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