Bolttech, a Singapore-based fintech specializing in embedded insurance — providing insurance or protection products integrated into the customer purchase experience – has closed a $147 million Series C round at a $2.1 billion valuation. The funding will allow Bottlenech to expand its embedded insurance platform, which connects over 230 insurers with 700 distribution partners globally. Despite plateauing partner growth since its Series B, Bolttech’s annualized quoted premiums have risen to $65 billion, reflecting deepening product adoption and transaction volume. The company will use the funding to enhance its AI and data analytics capabilities, form a joint venture with Sumitomo in Asia, and expand into Africa and North America.

Bolttech Closes $147M Series C to Bolster Embedded Insurance Offerings