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      OneDegree's Logo

      OneDegree - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      December 18, 2023

      Financing amount

      --

      Valuation

      --

      Catagory

      Others

      Subcategory

      Insurance

      About OneDegree - Strategic

      OneDegree announced it has raised an undisclosed investment amount from Dubai Insurance. The investment is on top of a $55 million Series B round in June, says OneDegree cofounder and CEO Alvin Kwock in a video interview from Dubai. It brings OneDegree’s total amount raised closer to $100 million.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Uncategorized Emirate of Dubai 1970 1 --

      Founders & Team

      Alvin Kwock Yin-lun's Logo

      Alvin Kwock Yin-lun

      Alex Leung Te-yuan's Logo

      Alex Leung Te-yuan

      Company Profile / Project Introduction

      OneDegree was established in 2016 to accelerate technological innovations in the insurance industry and to make insurance more accessible to everyone. OneDegree has operations in Hong Kong, Taipei, Shenzhen and Singapore. Its subsidiary OneDegree Hong Kong received a virtual insurer licence from the Hong Kong Insurance Authority in April 2020. It has a multi-line digital insurance business that offers protection for pet, e-commerce, home, critical illness and digital assets for individuals and businesses. Another subsidiary, OneDegree Global, is a provider of modern insurance technology solutions, which have been well-received in the industry and are adopted by leading insurers in Asia seeking to accelerate digital transformation.

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      *Fundraising Announcement: Click here