When was OneDegree founded?

OneDegree was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is OneDegree located?

OneDegree is headquartered in Kwun Tong, China.

Who is the current CEO of OneDegree?

Alvin Kwock of OneDegree. They have also founded 1 company.

How many employees does OneDegree have?

As of Apr 30, 2026, the latest employee count at OneDegree is 120.

Is OneDegree a funded company?

OneDegree is a funded company, having raised a total of $108M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 10, 2018.

When was the latest funding round of OneDegree?

OneDegree's latest funding was a $***** Series B round on Feb 09, 2024, with participation from 2 investors.

Where does OneDegree rank among its competitors?

OneDegree ranks 4th amongst 20 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was MetLife, which secured $157M in Apr, 2025.

Who are the top competitors of OneDegree?

OneDegree's top competitors include FWD, MetLife and ZhongAn Insurance. Among them, MetLife secured the most recent funding round in April, 2025.

OneDegree - 2026 Company Profile, Team, Funding & Competitors

OneDegree is a series B company based in Kwun Tong (China), founded in 2016 by Alvin Kwock and Alex Leung. It operates as an Online platform for P&C insurances. OneDegree has raised $108M in funding from investors like BitRock Capital, Cyberport and Cathay Financial Holdings. The company has 20 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like FWD, MetLife and ZhongAn Insurance.

Company Details

Online platform for P&C insurances. It offers insurance solutions including fire protection, pet protection, flood coverage, earthquake-related damage protection, and more. It also offers cyber insurance for users.

Website: www.onedegree.hk/static/browser-error-en.html
Social
Email ID: *****@onedegree.hk
Phone Number: +852 **********

Key Metrics

Founded Year

2016

Location

Kwun Tong, China

Stage

Series B

Total Funding

$108M in 7 rounds

Latest Funding Round

Series B, Feb 09, 2024, $*****

Investors

BitRock Capital & 11 more

Ranked

4^th among 20 active competitors

Employee Count

120 as on Apr 30, 2026

Investment & Acquisitions

Eazy Digital

Similar Companies

ACKO & 508 more

View OneDegree's full profile

OneDegree has raised a total funding of $108M over 7 rounds. Its first funding round was on Sep 10, 2018. Its latest funding round was a Series B round on Feb 09, 2024 for $*****. 2 investors participated in its latest round. OneDegree has 12 institutional investors.

Here is the list of recent funding rounds of OneDegree:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 09, 2024	1961079	Series B	9807744	5294328	3752593	5379350
Jul 18, 2023	3333151	Series B	8816341	5994340	8803397	Dubai Insurance
Jul 07, 2023	6041823	Venture Debt	7494012	6239800	2591191	HSBC

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View details of OneDegree's funding rounds and investors

The founders of OneDegree are Alvin Kwock and Alex Leung. Alvin Kwock is the CEO of OneDegree.

Here are the details of OneDegree's key team members:

Alvin Kwock: Co-Founder & CEO of OneDegree.
Alex Leung: Co-Founder of OneDegree.
Contact Info: 1 email address

View details of OneDegree's Founder profiles and Board Members

OneDegree's employee count trend

OneDegree has 120 employees as of Apr 26. Here is OneDegree's employee count trend over the years:

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Top competitors of OneDegree include FWD, MetLife and ZhongAn Insurance. Here is the list of Top 10 competitors of OneDegree, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FWD 2013, Hong Kong (China), Public	Online life and health insurance platform for individuals	$1.82B	Siam Commercial Bank, CPP Investments & 10 others	70/100
2nd	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, Village Capital & 1 others	70/100
3rd	ZhongAn Insurance 2013, Shanghai (China), Public	Online insurance platform for individuals	$942M	Morgan Stanley, Sagamore Investment Management ... & 7 others	67/100
4th	OneDegree 2016, Kwun Tong (China), Series B	Online platform for P&C insurances	$108M	HSBC, Cyberport & 10 others	56/100
5th	Anbang 2004, Beijing (China), Deadpooled	Online platform offering offering diversified insurance products	-	-	40/100
6th	Baozhuniu 2015, Tianjin (China), Series C	Online insurance platform for businesses	$33.8M	Marathon Venture Partners, China Merchants Capital ... & 7 others	40/100
7th	Zhibao 2015, Shanghai (China), Public	Digital insurance brokerage platform for individuals	-	Hongxin Capital	36/100
8th	ZA Tech 2018, Hong Kong (China), Funding Raised	Digital insurance solutions provider	-	-	32/100
9th	AXA 1986, Hong Kong (China), Unfunded	Life and non-life insurance	-	-	31/100
10th	Dah Sing Insurance 1976, Hong Kong (China), Acquired	Internet first provider of medical, auto, travel, personal, and commercial insurance services	-	-	30/100