When was Symbo founded?

Symbo was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Symbo located?

Symbo is headquartered in Mumbai, India. It is registered at 2nd Floor, Fleet House, Near Marol Naka Metro Station, Andheri Kurla Road, Andheri East, Marol Naka, Mumbai, Mumbai, Maharashtra, India, 400059.

Which legal entities is Symbo associated with?

Symbo is associated with SYMBO PLATFORM HOLDINGS PTE. LTD. and 1 other.

How many employees does Symbo have?

As of May 31, 2026, the latest employee count at Symbo is 103.

Is Symbo a funded company?

Symbo is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 04, 2021.

When was the latest funding round of Symbo?

Symbo's latest funding was a $***** Series A round on Mar 04, 2021, with participation from 5 investors. Its primary sector is Insurance IT. Globally, the Insurance IT sector has seen $1.88B in funding in 2026 to date.

What is the annual revenue of Symbo?

Annual revenue of Symbo is between $1M and $10M as on Mar 31, 2023

Where does Symbo rank among its competitors?

Symbo ranks 10th amongst 68 active competitors, of which 28 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Qover, which secured $12M in Mar, 2026.

Who are the top competitors of Symbo?

Symbo's top competitors include Cover Genius, Bharatsure and Zopper. Among them, Qover secured the most recent funding round in March, 2026.

Symbo - 2026 Company Profile, Team, Funding, Competitors & Financials

Symbo is a series A company based in Mumbai (India), founded in 2017 by Mitesh Jain, Anik Jain, Abhinav Jhunjhunwala, Adrit Raha and Kartik Poddar. It operates as a Provider of insurance products across various industries and business types. Symbo has raised $9.4M in funding from Think Investments and CE Innovation Capital. The company has 68 active competitors, including 28 funded and 2 that have exited. Its top competitors include companies like Cover Genius, Bharatsure and Zopper.

Company Details

Provider of insurance products across various industries and business types. The company offers relevant and comprehensive protection plans for customers at the point of purchase. It delivers coverage plans to ensure customers are protected. The business helps other businesses design and sell insurance with cloud-based technology.

Website: www.symbo.co/
Social
Email ID: *****@symboinsurance.com, *****@symboinsurance.com
Phone Number: +91 **********
Part Of
Registered Address: 2nd Floor, Fleet House, Near Marol Naka Metro Station, Andheri Kurla Road, Andheri East, Marol Naka, Mumbai, Mumbai, Maharashtra, India, 400059

Key Metrics

Founded Year

2017

Location

Mumbai, India

Stage

Series A

Total Funding

$9.4M in 1 round

Latest Funding Round

Series A, Mar 04, 2021, $*****

Investors

Think Investments & 20 more

Ranked

10^th among 68 active competitors

Annual Revenue

$1M - $10M as on Mar 31, 2023

Employee Count

103 as on May 31, 2026

Similar Companies

Cover Genius & 67 more

View Symbo's full profile

Symbo is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SYMBO PLATFORM HOLDINGS PTE. LTD. CIN: 201714073N , Singapore, Active		$1M - $10M (As on Mar 31, 2023)	-
SYMBO SOUTHASIA ENTERPRISES PRIVATE LIMITED CIN: U74999MH2017PTC302487 , India, Active	Dec 05, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	41 (As on Aug 01, 2025)

Symbo has raised a total funding of $9.4M over 1 round. Its latest funding round was a Series A round on Mar 04, 2021 for $*****. 5 investors participated in its latest round. Symbo has 11 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Symbo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 04, 2021	3163530	Series A	3940553	7046051	4158219	5645563

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View details of Symbo's funding rounds and investors

The founders of Symbo are Mitesh Jain, Anik Jain, Abhinav Jhunjhunwala, Adrit Raha and Kartik Poddar.

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

Mitesh Jain: Co-Founder & CTO of Symbo and founder of 2 other companies, Symbo India Insurance Broking and Happy2Refer. They serve on the boards of 2 companies.
Contact Info: 2 email addresses and 2 phone numbers
Anik Jain: Former Co-Founder of Symbo and founder of 2 other companies, Symbo India Insurance Broking and Symbo. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Abhinav Jhunjhunwala: Co-Founder of Symbo. They serve on the boards of 2 companies.
Adrit Raha: Former Co-Founder of Symbo and founder of 1 other company.
Kartik Poddar: Co-Founder & CBO of Symbo.
Contact Info: 1 email address

Symbo's Board of Directors

Symbo's board has 3 active members. Abhinav Jhunjhunwala and Patel Jinesh Kiran are part of team and Anubhav Gupta is independent board member.

Here is the list of Symbo's board of directors:

Name	Type	Representing	Status	Duration
Abhinav Jhunjhunwala	Team	-	Current	9y 0m
Patel Jinesh Kiran	Investor	Integra Partners	Current	8y 2m
Anubhav Gupta	Independent board member	-	Current	5y 5m
chwqpaf	Independent board member	-	Past	6y 5m

View details of Symbo's Founder profiles and Board Members

Symbo's employee count trend

Symbo has 103 employees as of May 26. Here is Symbo's employee count trend over the years:

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Top competitors of Symbo include Cover Genius, Bharatsure and Zopper. Here is the list of Top 10 competitors of Symbo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cover Genius 2014, New York City (United States), Series E	Provider of a software suite for the insurance industry	$244M	King River, Spark Capital & 12 others	69/100
2nd	Bharatsure 2021, Mumbai (India), Seed	Provider of technology and infrastructure for employee benefits and embedded insurance	$3.25M	Inflection Point Ventures, We Founder Circle ... & 149 others	67/100
3rd	Zopper 2011, Noida (India), Acquired	Provider of API-enabled insurance distribution and management solutions	$125M	Tiger Global Management, Blume Venture & 26 others	64/100
4th	Qover 2016, Brussels (Belgium), Series C	Software suite for the insurance industry	$100M	Alven, Anthemis Group & 12 others	63/100
5th	Sure 2013, San Diego (United States), Series C	Insurance as a service platform for insurance carriers and other businesses	$123M	Kinnevik, IA Capital Group & 25 others	63/100
6th	Tint 2018, San Francisco (United States), Series A	Providing embedded insurance solution to businesses	$30M	QED Investors, Y Combinator & 7 others	61/100
7th	Open 2016, Sydney (Australia), Series B	AI-based software suite for the insurance industry	$53M	AirTree, Movac & 4 others	60/100
8th	Boost 2017, New York City (United States), Series B	Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance	$37M	Norwest, Greycroft & 14 others	60/100
9th	CoverGo 2017, Hong Kong (China), Series A	Insurance claim management and quoting solutions for the insurance industry	$15M	SemperVirens, FinTech Innovation Lab & 14 others	55/100
10th	Symbo 2017, Mumbai (India), Series A	Provider of insurance products across various industries and business types	$9.4M	CE Innovation Capital, Think Investments ... & 19 others	51/100