# Insurtech SpA

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

- Industry: Software
- Headquarters: Santiago, Chile
- Website: www.houm.com
- Total disclosed funding: $35M
- Latest round: Series A (Nov 11, 2021)
- Investors on record: 5

## About

Founded in 2018, Insurtech SpA, based in Huechuraba, Chile, specializes in innovative solutions for the insurance industry, leveraging technology to streamline processes and enhance customer experiences.Insurtech SpA is focused on developing advanced insurance technology solutions. The company was founded in 2018 in Santiago, Chile, by Benjamín Labra, Camilo Marroquín, and Nicolas Knockaert. The latest funding round was a Series A, raising USD 35.00 mn led by Goodwater Capital, with participation from Broadhaven Capital Partners, FenVentures, Fifth Wall Ventures, and ONEVC, bringing the total amount raised to USD 35.00 mn across 8 deals.Insurtech SpA offers a range of technology-driven services aimed at improving the efficiency of insurance processes. Their platforms integrate data analytics and automation to better serve both providers and consumers of insurance products. The focus is on delivering tailored solutions that enhance customer engagement and streamline operations.The company generates revenue through its technology solutions and services provided to insurance companies. Revenue streams are primarily derived from fees associated with software licenses and transaction facilitation. While specific pricing details are not disclosed, the business model is designed to benefit from the scale of its operations and the growing demand for technology in the insurance sector.Insurtech SpA is currently working on launching new features to enhance its platform, with expected rollout dates in 2024. The company also plans to expand its services to additional markets, specifically targeting regions in Latin America by the end of 2024. Recent funding from Acacia Venture Capital will support these expansion efforts and product development initiatives.

## Funding rounds

- Series A, Nov 11, 2021, $35M — Broadhaven Capital Partners, Goodwater Capital, Fifth Wall Ventures, FenVentures, ONEVC

## Investors

- Broadhaven Capital Partners (https://capitalatlas.ai/funds/broadhaven-capital-partners) — Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- FenVentures (https://capitalatlas.ai/funds/fenventures) — Series A
- ONEVC (https://capitalatlas.ai/funds/onevc) — Series A