Alpha Leonis Partners is delighted to join the Bolttech team in their journey to transform the insurance industry. ALP’s partnering with Bolttech exemplifies our private equity strategy of supporting companies driven by entrepreneurial led innovation in the global knowledge economy.
New York/Singapore, July 1, 2021 – bolttech, one of the fastest growing international insurtech companies, today announced the completion of an oversubscribed US$180 million series A funding round led by Activant Capital Group (“Activant”), joined by investors including Tony Fadell – Principal at Future Shape, Alpha Leonis Partners, Dowling Capital Partners, B. Riley Venture Capital and Tarsadia Investments. The investment round is the largest series A round for an insurtech and values bolttech at more than US$1 billion, giving the insurtech unicorn status only one year after its launch in 2020. Bolttech’s Full Press Release