# INSUROBO

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

- Industry: Insurance
- Headquarters: Seoul, South Korea
- Website: www.insurobo.com/home/
- Total disclosed funding: $1.1M
- Latest round: Series A (Jul 5, 2023)
- Investors on record: 1

## About

Founded in 2019 and based in Seoul, South Korea, INSUROBO, an independent insurance company, utilizes big data and algorithms to offer a range of insurance products for individuals and businesses, providing cost calculations and facilitating payments. In July 2023, INSUROBO raised KRW 1.4 billion in Series A funding from investor Lean Ventures. As of March 2024, the company is being led by its CEO, Seo Min. The firm’s partners include KTTelecop, KYOBO, Sang Sang, Star Ventures, Hyundai BS&C, TmaxSoft, etc.

The company intends to use the July 2023 funding to develop services to expand the digital insurance market.

## Funding rounds

- Series A, Jul 5, 2023, $1.1M — Lean Ventures

## Investors

- Lean Ventures (https://capitalatlas.ai/funds/lean-ventures) — Series A