BIMA

BIMA

  • FOUNDING YEAR: 2010
    LOCATION:
    Sweden
    REGION:
    Stockholm County Stockholm County
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Mobile based insurance services
EXISTING PARTNERSHIPS:
The company has Partnered with leading mobile operators, banks and MFIS.
PRIMARY PROBLEM SOLVED:
Provide a platform for low income consumers.
COMMENT
Pioneered the mobile-delivered insurance model in which customers can pay for insurance via deduction of prepaid airtime credit. Aims to combine the power of mobile technology with a unique agent-led approach to consume r education, bringing insurance to emerging markets.

PEOPLE

MEDICI analysts will analyze BIMA soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$77.2 Millions
DATE OF LAST FUNDING:
Dec 2017
SEED CLOSED ON:
Dec 2014
SEED PRIOR FUNDING COMMENT:
An undisclosed fund rasied in Dec 2014.
FUNDING SERIES:
SERIES B
$22 Millions Closed: Apr 2014
SERIES C
$38.4 Millions Closed: Jul 2015
SERIES D
$16.8 Millions Closed: Apr 2017
LISTED:
NO
COMMENT:
The company raised $107 M investment from Allianz in Dec 2017.

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