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Igloo - Extended Series B
Overview
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
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| 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
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.