BIDU

insurtechaggregators / policy management

FOUNDING YEAR: 2012
LOCATION: Brazil
Last Update: 08/09/2020

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About

Bidu is an online insurance broker in the categories of auto, home, travel and more. The platform provides an online quote that aggregates results of Brazil’s main carriers and offers a multichannel experience for the client.

MEDICI Analysis

Pontal rebranded as Bidu. Bidu is an online insurance comparison platform for insurance products in the categories of auto, health, home and more. The platform aggregates results for leading solution providers to provide the optimum alternative to the user.

Focus

PRODUCTS & SERVICES

Online aggregrator for automobile, residential, travel, and motorcycle insurance. It offers smart search, comparison and purchase of insurance, real-time information & updates and other services through the online channel.

REVENUE MODEL

The company makes money by collecting commission fee from insurance companies.

MAIN CLIENTS

Retail online insurance

EXISTING PARTNERSHIPS

Some of the insurance partners are Allianz

AIG

BNP

HDI Seguros

Bradesco Auto Insurance

Tokio Marine,Yasuda Maritima Auto

Liberty Insurance Car

etc.

PRIMARY PROBLEM SOLVED

An accessible way for Brazilians to research and purchase the best insurance, not only based on price but also suited for their needs.

company provided insights

Traction

ACTIVE USERS:

undisclosed

People

FOUNDERS

Rodolpho Gurgel

Eldes Mattiuzzo

Fábio Colaferro

João Herreros

João Luiz de Souza Dantas Herreros

João Nercessian

BOARD MEMBERS AND ADVISORS

João Herreros

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Amadeus Capital Partners

Bertelsmann

Bertelsmann and Otto Capital Partner

Fábio Colaferro

Monashees

Monashees Capital

Otto Capital

Momentum

FUNDED

YES

TOTAL FUNDING

$8.9 M

DATE OF LAST FUNDING

Apr 2014

TOTAL FUNDING COMMENT

Unattributed round

SEED CLOSED ON

Oct 2012

FUNDING SERIES

SERIES A  · ---  · Dec 2012

SERIES B  · $8.9 M  · Apr 2014

LISTED

NO

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BIDU

About

Bidu is an online insurance broker in the categories of auto, home, travel and more. The platform provides an online quote that aggregates results of Brazil’s main carriers and offers a multichannel experience for the client.

Focus

PRODUCTS & SERVICES

It offers a 30 second online quote, where user can easily customize and buy insurance for their car, home, motorcycle and more. Clients can choose from an online experience or use several different channels to talk with an insurance expert to assist in his needs. Also a reference in content for insurance, car services, home improvement and other product-related content.

REVENUE MODEL

The company makes money by collecting commission fee from insurance companies.

TOP PROBLEM SOLVED

An accessible way for Brazilians to research and purchase the best insurance, not only based on price but also suited for their needs.

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

KEY DIFFERENTIATORS

30 seconds to an online quote with 8 insurance companies and online purchase

PRIMARY CUSTOMER TYPE

Consumer

Traction

TRANSACTIONS VALUE:

0.00

ACTIVE USERS/ACCOUNTS:

undisclosed Million

LIVE USERS/TRANSACTIONS:

Yes, in live production

CHANNEL STATUS

MULTIPLE CHANNELS

People

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Amadeus Capital

Monashees

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES