Gigacover Pte
Latest round
- Series A
Last raised
- Feb 2021
Total raised
- $2.9M
Investors
- 8
About Gigacover Pte
Founded in 2017, Gigacover Pte Ltd provides innovative insurance solutions designed for the gig economy. It has not undergone any significant strategic pivots since its inception. The company is headquartered in Singapore. The founder, Amerson Lin, has a history of entrepreneurial ventures, although details of any previous companies are not provided.86 mn post-money. Gigacover specializes in providing embedded and affinity insurance solutions tailored for the gig economy, primarily focusing on ride-hailing and food delivery sectors. A key offering is the Freelancer Earnings Protection, designed to safeguard the income of gig workers, ensuring they receive financial support during periods of disruption. Additionally, the Motor Excess Reduction product targets drivers and vehicle fleet operators by minimizing risks associated with vehicle usage while simultaneously creating new revenue opportunities.2 million policies, indicating a strong foothold in its market.6. The company generates revenue through partnerships with ride-hailing and food delivery companies, offering its suite of insurance products under collaborative arrangements. The company is also targeting expansion into additional Southeast Asian markets by 2024, aiming to increase its user base and service reach. These initiatives are part of a broader strategy to solidify Gigacover's presence in the evolving gig economy landscape.
Who invested in Gigacover Pte
8 investors across 2 rounds
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Questions about Gigacover Pte
Who invested in Gigacover Pte?
Gigacover Pte has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Gigacover Pte raised?
Gigacover Pte has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Gigacover Pte last raise money?
Gigacover Pte's most recent round on record is a Series A, in Feb 2021.
What does Gigacover Pte do?
Founded in 2017, Gigacover Pte Ltd provides innovative insurance solutions designed for the gig economy.
Where is Gigacover Pte headquartered?
Gigacover Pte is headquartered in Singapore, Singapore.
Which VCs invest in companies like Gigacover Pte?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Gigacover Pte's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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