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Announced

Completed

Activant Ventures led a $180m series A funding round in Bolttech Holdings.

Financials

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Transaction Value£130m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Private

Acquisition

insurtech

Single Bidder

Completed

Venture Capital

Singapore

Insurance Brokers

Private Equity

Friendly

Cross Border

Synopsis

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Activant Ventures, a global investment firm, led a $180m series A funding round in Bolttech Holdings, an international insurtech with a mission to build the world’s, technology-enabled ecosystem for protection and insurance. Additional investors include Tony Fadell, Alpha Leonis Partners, Dowling Capital Partners, PineBridge Investments, B. Riley Venture Capital and Tarsadia Investments. "We are delighted to welcome our new investors, and together with their support and partnership, we look forward to continuing on our mission to become the world's leading technology-enabled ecosystem for protection and insurance. This investment will help us connect even more insurers, distributors, and customers on our platform, shaping the future of insurance distribution," Rob Schimek, Bolttech Holdings CEO.

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