Igloo - About the company
Igloo is a series B company based in Singapore (Singapore), founded in 2016 by Kevin Liang and Raunak Mehta. It operates as a Provider of digital insurance solutions for businesses and consumers. Igloo has raised $105M in funding from investors like BNP Paribas Cardif, Eurazeo and Finnfund.
Company Details
Provider of digital insurance solutions for businesses and consumers. The company offers a platform to create insurance products, expand digital reach, and optimise operations. It provides solutions for agency management, direct-to-consumer insurance, and partner sales. The company’s technology covers product configuration, policy management, claims, and finance reconciliation.
- Website
- iglooinsure.com
- Social
- Email ID
- *****@iglooinsure.com, *****@iglooinsure.com
- Phone Number
- +65 **********
- Registered Address
- 2 HAVELOCK ROAD #07-13 HAVELOCK2 SINGAPORE 059763
Key Metrics
Founded Year
2016
Location
Singapore, Singapore
Stage
Series B
Total Funding
$105M in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 1 active competitor
Annual Revenue
SGD 50M - 100M as on Dec 31, 2024
Employee Count
405 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Igloo
Igloo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Axinan Pte. Ltd. CIN: 201624049R , Singapore, Active | Dec 31, 2015 | SGD 50M - 100M (As on Dec 31, 2024) | - |
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Igloo's funding and investors
Igloo has raised a total funding of $105M over 6 rounds. Its first funding round was on Feb 12, 2018. Its latest funding round was a Series B round on Jan 27, 2026 for $*****. 1 investor participated in its latest round. Igloo has 30 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Igloo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 27, 2026 | 4821636 | Series B | 3200578 | 4794219 | 8787104 | 5534777 |
Dec 04, 2023 | 4526338 | Series B | 4013609 | 5401711 | 8551117 | |
Nov 29, 2022 | 3869704 | Series B | 1603403 | 4659706 |
Access funding benchmarks and valuations. Sign up today!View details of Igloo's funding rounds and investors
Igloo's founders and board of directors
Founder? Claim ProfileHere are the details of Igloo's key team members:
- Kevin Liang: Former Co-Founder & CTO of Igloo and founder of 1 other company. They serve on the board of 1 company.
- Raunak Mehta: Co-Founder & Co-CEO of Igloo. They serve on the board of 1 company.Contact Info: 1 email address
Igloo's Board of Directors
Igloo's board has 5 active members. Raunak Mehta and Wei Zhu are part of team and Rajat Arora, Joshi Mahesh Kumar and Can Zheng are independent board members.Here is the list of Igloo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
Team | - | Current | 9y 10m | |
qtzqgzs | Investor | mzkakxs | Past | 8y 6m |
Independent board member | - | Current | 3y 7m | |
hrqslti | Independent board member | - | Current | 5y 8m |
lwutpvo | Independent board member | - | Current | 1y 5m |
slnexlb | Independent board member | - | Past | 1y 4m |
eaqv{ar | Independent board member | - | Past | 2y 5m |
vkfipyx | Independent board member | - | Past | 2y 1m |
View details of Igloo's Founder profiles and Board Members
Igloo's employee count trend
Igloo has 405 employees as of Jul 26. Here is Igloo's employee count trend over the years:
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Igloo's Investments and acquisitions
Igloo has acquired 2 companies including Eazy Digital and Frame. Igloo has not made any investments as of now.News related to Igloo
Filter this listMedia has covered Igloo for a total of 3 events in the last 1 year.
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Igloo strengthens APAC presence with Eazy Digital acquisitionSingapore Business Review•Jul 01, 2026•Igloo
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Tokio Marine invests in Igloo with a minority stake.Life Insurance International•Jan 27, 2026•Igloo, Tokio Marine Holdings, Tokio Marine
•
Business Igloo Expands Reach with New Partnerships & Distribution ChiefMedia Bulletins•Feb 22, 2025•Igloo
•
Business Igloo Secures Multi-Market Deals & Appoints New Distribution ChiefOnline Media Cafe•Feb 22, 2025•Igloo
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Igloo partners with finance providers to tackle underinsurance in VietnamSingapore Business Review•Apr 24, 2024•Igloo, Zalo Pay, LOTTE, and 1 other
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Singapore insurance tech Igloo raises $36m for Southeast Asia pushNihon Keizai Shimbun•Dec 04, 2023•Igloo, Eurazeo, BNP Paribas Cardif, OpenSpace and 6 others
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Igloo Partners OPPO and realme to Offer Smartphone Protection PlansFinTechnews•Oct 19, 2023•Igloo, OPPO, Realme
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Startup Insurtech Igloo Takes the Agency Line Seriously Through the Ignite ApplicationDailysocial•Jul 25, 2023•Igloo
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