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      Igloo's Logo

      Igloo - Extended Series B

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      November 29, 2022

      Financing amount

      $27M

      Valuation

      --

      Category

      Others

      Subcategory

      Insurance

      About Igloo - Extended Series B

      Igloo aised a Series B extension of $27 million, bringing the round’s total to $46 million. The first tranche of $19 million was announced in March. The newest round was led by the InsuResilience Investment Fund II, which was launched by the German development bank KfW for the German Federal Ministry for Economic Cooperation and is managed by impact investor BlueOrchard. Other lead investors were the Women's World Banking Asset Management (WAM), FinnFund, La Maison and returning investors Cathay Innovation.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Unknown 2001 1 --
      Uncategorized United States of America -- 2 --
      Fund Finland 1980 1 --
      Uncategorized Unknown -- 1 --
      Fund United States of America 2015 3 --

      Founders & Team

      Raunak Mehta's Logo

      Raunak Mehta

      Wei Zhu's Logo

      Wei Zhu

      Company Profile / Project Introduction

      Igloo is an insurance technology company that provides people-first insurance services that are simple to understand – easy to use, reasonably priced, honest and relevant. They are constantly looking for new, smarter ways to eliminate inefficiencies such as time-consuming procedures, unnecessary insurance agents, small print items. It is about using advanced design and technology.

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      *Fundraising Announcement: Click here