Bolttech Receives $196 Million Investment

Bolttech announced that it has received $196 million in investment in connection with its Series B. This investment was in a round led by Tokio Marine, Japan's first insurance company with a 140-year history. Other notable investors include global life insurance giant MetLife through MetLife Next Gen Ventures, Malaysia's sovereign wealth fund Khazanah Nasional and other new and existing shareholders. Bolttech's valuation reached $1.6 billion with this investment.

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Giant Investment in Bolttech!

International insurance technology company bolttech is attracting attention by challenging existing capital markets. According to a report by Gallagher Re, multilateral financings of $100 million or more in the global insurance technology sector are the lowest since the first quarter of 2020. Bolttech's Series B fundraising is the largest Series B equity investment in the past year and follows the company's largest Series A investment to date.

The support of such valued investors is a resounding validation of bolttech's leadership, innovative business model and unique value proposition in shaping the future of insurance. Bolttech has continued its rapid growth and scale to create the most comprehensive international presence for an insurance technology, while maintaining a strong financial foundation with a clear path to profitability.

This valuable support from investors strongly validates bolttech's leadership in shaping the future of insurance, its innovative business model and unique value proposition. As bolttech continues its rapid growth and scale, it is well on its way to building the most comprehensive international presence for an insurance technology, while at the same time providing a clear path to profitability and a strong financial foundation.