# Colendi Sigorta

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/colendi-sigorta

- Industry: Insurance
- Headquarters: Istanbul, Turkey
- Website: www.colendisigorta.com
- Total disclosed funding: $68M
- Latest round: Series B (May 22, 2024)
- Investors on record: 9

## About

Founded in 2021 and based in Istanbul, Turkey, Colendi Sigorta Acenteligi Anonim Sirketi, trading under the name Colendi Sigorta, operates as an insurance-tech company offering an online platform that provides insurance products and services. In May 2024, Colendi Sigorta raised USD 65 million in series B funding led by investor Citi Ventures, with participation from other investors Migros Ticaret AS, SPIL Ventures, etc.

Colendi Sigorta offers a diverse range of insurance products including pet, travel health, invoice protection, screen breakage, electronic device, emergency health, earthquake, and traffic insurance. Their services are designed to cater to various needs, from emergency healthcare to device protection. The company employs advanced technology to integrate insurance solutions seamlessly into digital platforms, providing options such as embedded insurance, affinity projects, and lead generation.

The company plans to utilize the May 2024 funding to expand its market reach.

## Funding rounds

- Series B, May 22, 2024, $65M — Citi Ventures, Finberg, Migros Ticaret, Re-Pie Asset Management B.V., SPIL Ventures, Hedef Holding A.S.
- Series A, Aug 28, 2018, $2.5M — Aslanoba Capital, Bogazici Ventures, Next Ventures

## Investors

- Aslanoba Capital — Series A
- Bogazici Ventures (https://capitalatlas.ai/funds/bogazici-ventures) — Series A
- Next Ventures (https://capitalatlas.ai/funds/next-ventures) — Series A
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Finberg (https://capitalatlas.ai/funds/finberg) — Series B
- Migros Ticaret — Series B
- Re-Pie Asset Management B.V. — Series B
- SPIL Ventures (https://capitalatlas.ai/funds/spil-ventures) — Series B
- Hedef Holding A.S. — Series B