# CrowdBouncer

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

- Industry: Software
- Headquarters: Buffalo, US
- Website: www.crowdbouncer.com
- Total disclosed funding: $0.4M
- Latest round: Series A (Feb 5, 2014)
- Investors on record: 2

## About

CrowdBouncer, Inc. is a specialized insurance provider focusing on life, health, and motor vehicle insurance, primarily serving individuals and families in Vietnam through an efficient online platform.Founded in 2012 and headquartered in Buffalo, US, CrowdBouncer, Inc. focuses on the insurance sector, having undergone strategic adaptations to meet market demands. The company has secured funding through a Series A round, raising USD 0.430 mn from Rand Capital and Z80 Labs, with the most recent funding round concluded on February 5, 2014. The company has completed a total of 1 deal, and its current valuation stands at USD 5.778 mn.Crowdbouncer.com, managed by Baohiemvietnam.com, specializes in the insurance sector, offering a diverse range of products primarily focused on life insurance, health insurance, and motor vehicle insurance. The company's key offerings include life insurance plans tailored to meet the financial security needs of individuals and families, health insurance options that ensure access to medical care, and motor vehicle insurance that protects car owners from financial loss due to accidents or damages. These products are designed to cater to the needs of private individuals and families in Vietnam, particularly in major cities such as Hanoi and Ho Chi Minh City. Since its inception in 2012, Crowdbouncer.com has positioned itself in the competitive Vietnamese insurance market, providing reliable services aimed at addressing customers' concerns about financial security and health coverage.The revenue structure of Crowdbouncer.com is primarily derived from direct transactions with consumers who purchase various insurance policies. Customers engage in these transactions through a straightforward process where they select insurance products that best meet their needs and complete their purchases online or via consultation with company representatives. The pricing plans for these products vary based on the type of coverage and the specific needs of the clients, with offerings that can be customized to suit different financial situations. While exact revenue figures are not disclosed, the company generates income through the sale of life insurance, health insurance, and motor vehicle insurance products, which are essential for ensuring customer protection and peace of mind in their everyday lives.CrowdBouncer, Inc. plans to launch new insurance products targeting market gaps identified in its research. The company aims to expand its reach into additional cities across Vietnam, including Da Nang and Nha Trang, by the end of 2025. The recent Series A funding of USD 0.430 mn will be utilized to enhance product development and support these geographic expansion efforts.

## Funding rounds

- Series A, Feb 5, 2014, $0.4M — Rand Capital Corporation, Z80 Labs

## Investors

- Rand Capital Corporation (https://capitalatlas.ai/funds/rand-capital-corporation) — Series A
- Z80 Labs (https://capitalatlas.ai/funds/z80-labs) — Series A