# 88 InsurTech Serviços Digitais Ltda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/88-insurtech-servicos-digitais-ltda

- Industry: Insurance
- Headquarters: Brazil
- Website: www.88iseguradora.digital
- Total disclosed funding: $0.9M
- Latest round: Seed (Feb 16, 2021)
- Investors on record: 1

## About

Based in Brazil, 88 InsurTech Serviços Digitais Ltda. focuses on providing innovative insurance solutions for logistics and delivery operations, enhancing security and coverage for clients in this sector.88 InsurTech Serviços Digitais Ltda. specializes in digital insurance services tailored for the logistics industry. Founded in 2017 by Evandro Camilo, Gustavo Figueiredo, and Rodrigo Ventura, the company is headquartered in Brazil and has received BRL 5 million in Seed funding from DOMO Invest as of February 16, 2021. Rodrigo Ventura serves as the CEO of the firm.88 InsurTech Serviços Digitais Ltda. offers a range of insurance solutions specifically designed for logistics and delivery operations. Their portfolio includes Personal Accident Insurance, Cargo Insurance, and Last Mile Insurance, providing essential coverage for delivery personnel and goods in transit. With a focus on the Brazilian market, the company serves over 100 logistics firms, ensuring comprehensive protection against medical expenses, work absences, and theft during delivery.88 InsurTech Serviços Digitais Ltda. generates revenue through a combination of direct-to-consumer sales and partnerships within the logistics sector. Their insurance products are activated in real time, allowing for flexible coverage tailored to the needs of their clients. The pricing structure for insurance offerings reflects the specific risks associated with delivery services, ensuring financial security for both the professionals and the goods transported.In February 2021, 88 InsurTech Serviços Digitais Ltda. raised BRL 5 million in Seed funding, which will be utilized to expand partnerships with mobility, delivery, and fintech clients. The company is focused on designing new insurance products and aims to enhance its service offerings to better serve the logistics sector. Future plans include potential geographic expansion into new markets, though specific regions have yet to be detailed.

## Funding rounds

- Seed, Feb 16, 2021, $0.9M — DOMO Invest

## Investors

- DOMO Invest (https://capitalatlas.ai/funds/domo-invest) — Seed