# Bomapp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bomapp

- Industry: Insurance
- Headquarters: Seoul, South Korea
- Website: http://www.bomapp.co.kr
- Total disclosed funding: $8.6M
- Latest round: Series A (Apr 25, 2019)
- Investors on record: 7

## About

Based in Seoul, South Korea, and founded in 2015, Bomap Co., Ltd. operates as an insurtech company that enables its users to access information on insurance computations for different services through its platform.  In October 2022, BOMAPP raised KRW 5 billion in venture funding from AZ Financial Service. As of October 2022, the company is led by its CEO Junwoo Ryu.

Bomap Co., Ltd. offers an online insurance platform available on Android devices that enables its users to check and manage all the insurance signed up for, family insurance, and even neighborhood insurance, provides details of insurance and coverage, chat counseling, and analyzes the insurance based on Bomap's analysis logic including family history and health check-up results to inform about diseases to be aware of and insurance to prepare for in advance. The company's client base includes Samsung Fire & Marine Insurance, DB Insurance, Kyobo Life, Hana Life, KDB Life, Hanwha Life, MG Life Insurance, ABL Life, Linea Life, DGB Life, and KB Insurance.

The company plans to use venture funding to upgrade its platform.

## Funding rounds

- Series A, Apr 25, 2019, $8.6M — KB Investment, SJ Investment Partners, KB Securities, PIA Investment Management, Idea Bridge Asset Management, Lotte Accelerator, DS Asset Management

## Investors

- KB Investment (https://capitalatlas.ai/funds/kb-investment) — Series A
- SJ Investment Partners (https://capitalatlas.ai/funds/sj-investment-partners) — Series A
- KB Securities (https://capitalatlas.ai/funds/kb-securities) — Series A
- PIA Investment Management — Series A
- Idea Bridge Asset Management — Series A
- Lotte Accelerator — Series A
- DS Asset Management (https://capitalatlas.ai/funds/ds-asset-management) — Series A