Bolttech - About the company
Bolttech is a series C company based in Singapore (Singapore), founded in 2020 by Rob Schimek. 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 99 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.
- Website
- bolttech.io
- 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
Investors
Ranked
3rd among 99 active competitors
Annual Revenue
SGD 1M - 10M as on Dec 31, 2024
Employee Count
1,054 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Bolttech
Bolttech is associated with 9 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BOLTTECH DEVICE PROTECTION SERVICES LLC CIN: 6155957 , United States, Active | Aug 09, 2021 | - | 17 (As on Dec 31, 2020) | - |
BOLTTECH (THAILAND) COMPANY LIMITED CIN: 105558136536 , Thailand, Active | - | - | ||
BOLT SOLUTIONS INC. CIN: 32049368031 , United States, Active | Nov 05, 2018 | - | - | - |
bolttech Europe Agency GmbH CIN: HRB165518 , Germany, Active | May 22, 2012 | - | 17 (As on Dec 31, 2020) | |
BOLTTECH DIGITAL BROKERAGE SINGAPORE PTE. LTD. CIN: 202100404N , Singapore, Active | Dec 31, 2020 | - | - | |
BOLTTECH INSURANCE AGENCY PTE. LTD. CIN: 201113230C , Singapore, Active | Jun 02, 2011 | $1M - $10M (As on Dec 31, 2024) | - | |
BOLTTECH INSURANCE BROKER (THAILAND) CO., LTD. CIN: 0105559056161 , Thailand, Active | - | - | ||
BOLTTECH DEVICE PROTECTION (UK) LIMITED CIN: 11909658 , United Kingdom, Active | Mar 26, 2019 | - | 22 (As on Dec 31, 2023) | |
BOLTTECH DEVICE PROTECTION (IRELAND) LIMITED CIN: 675680 , United Kingdom, Active | Aug 13, 2020 | - | 17 (As on Dec 31, 2020) |
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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 24 institutional investors.
Here is the list of recent funding rounds of Bolttech:
Filter this list
Filter this listDate 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 ProfileThe founders of Bolttech is Rob Schimek. Rob Schimek is the CEO of Bolttech.
Here are the details of Bolttech's key team members:
- Rob Schimek: Founder & CEO of Bolttech. Contact Info: 1 email address
Bolttech's Board of Directors
Bolttech's board has 5 active members. Bhattacharya Saibal, Lars Jan Van Beelen, Jens Schädler, Philipp Hoyer and Raphael Helten are independent board members.Here is the list of Bolttech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Past | 2y 10m | |
Independent board member | - | Current | 0y 3m | |
Independent board member | - | Current | 3y 2m | |
Independent board member | - | Current | 14y 0m | |
Independent board member | - | Current | 9y 2m | |
Independent board member | - | Current | 11y 2m | |
Independent board member | - | Past | 9y 2m | |
Independent board member | - | Past | 1y 6m | |
Independent board member | - | Past | 10y 5m | |
Independent board member | - | Past | 3y 6m |
View details of Bolttech's Founder profiles and Board Members
Bolttech's employee count trend
Bolttech has 1,054 employees as of Apr 26. Here is Bolttech's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Akur8 Technologies 2018, Paris (France), Series C | Provider of pricing and reserving platform for the insurance industry | $180M | 73/100 | |
2nd | Cover Genius 2014, New York City (United States), Series E | Provider of a software suite for the insurance industry | $244M | 69/100 | |
3rd | Platform connecting insurers, distributors, and customers for embedded insurance products | $640M | 69/100 | ||
4th |  Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.25M | 67/100 | |
5th | Provider of API-enabled insurance distribution and management solutions | $125M | 64/100 | ||
6th | Software suite for the insurance industry | $100M | 63/100 | ||
7th |  Sure 2013, San Diego (United States), Series C | Insurance as a service platform for insurance carriers and other businesses | $123M | 63/100 | |
8th |  Tint 2018, San Francisco (United States), Series A | Providing embedded insurance solution to businesses | $30M | 61/100 | |
9th | AI-based software suite for the insurance industry | $53M | 60/100 | ||
10th |  Boost 2017, New York City (United States), Series B | Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance | $37M | 60/100 |
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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:Filter this list
Filter this listDate 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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Reports related to Bolttech
Here is the latest report on Bolttech's sector:
News related to Bolttech
Filter this listMedia has covered Bolttech for a total of 17 events in the last 1 year, 7 of them have been about company updates and 4 about partnerships.
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bolttech in Talks to Buy MoneyHero, PCCW is ShareholderCaproasia•Feb 27, 2026•PCCW, MoneyHero Group, Bolttech
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bolt Launches New Homeowners Insurance Product VTRO in CaliforniaInsurance Journal•Nov 25, 2025•Bolttech
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OneAssist and Bolttech Acquire CPP India for INR 174 CroreGlobal Legal Chronicle•Nov 24, 2025•Bolttech, OneAssist, CPP Group
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Southeast Asia’s Fintech Slowdown Is Real — and Tracxn Data Shows Singapore Winning the Long GameAsiaTechDaily•Oct 22, 2025•Thunes, Airwallex, Bolttech, Antalpha and 1 other
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Singapore dominates SEA fintech funding with $839m raised in 2025Tech in Asia•Oct 16, 2025•Thunes, Airwallex, Bolttech, Antalpha and 1 other
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Southeast Asia FinTech startups funding falls 39 percent on year in first nine monthsTechNode•Oct 16, 2025•Thunes, Airwallex, Bolttech, Antalpha and 1 other
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AXA Partners and bolttech partner to launch embedded insurance solutions across EuropeReinsurance News•Oct 15, 2025•AXA Partners, Bolttech
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