PolicyStreet
PolicyStreet aims to democratize insurance by making it Simple, Easy and Affordable. We break down complex insurance policies and provide consumers their rights to be adequately insured with deserving financial wellness at all stages of life.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | N/A | $15.3m | Series B |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 96 % | 95 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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PolicyStreet is an InsurTech company that offers customizable insurance solutions tailored to the needs of individuals and businesses. Operating primarily in the Malaysian market, PolicyStreet simplifies the insurance purchasing process by providing a user-friendly platform where clients can compare, select, and purchase various insurance products. The company serves a diverse clientele, including individuals seeking personal insurance and businesses looking to manage employee benefits and other corporate insurance needs. PolicyStreet generates revenue through commissions from insurance providers and fees for additional services such as road tax renewal and policy management. The company has secured significant funding from reputable venture capital firms and holds licenses from regulatory bodies like the Australian Securities and Investments Commission (ASIC) and the Labuan Financial Services Authority (LFSA). By leveraging technology, PolicyStreet aims to make insurance more accessible, transparent, and tailored to the unique needs of its clients.
Keywords: InsurTech, customizable insurance, Malaysia, employee benefits, policy management, venture capital, ASIC, LFSA, road tax renewal, transparent processes.