OneDegree

InsuranceSeries BHong Kong SAR - Chinaonedegree.hk

Latest round

Series B

Last raised

Jun 2023

Total raised

$72M

Investors

5

About OneDegree

Founded in 2016 and based in Kwun Tong, Hong Kong, OneDegree Hong Kong Limited, trading under the name OneDegree, is a digital insurance company that covers pet insurance and fire insurance. The company was co-founded by Alvin Kwock (CEO), and Alex Leung. The company provides dog insurance, cat insurance, and fire insurance. Pet insurance reimburses up to 90% of vet bills when pets are mild injuries or serious chronic illnesses. Fire insurance covers fire, flood, lightning, and boiler or gas explosion. The firm’s proprietary platform leverages blockchain technology to realize cross-claim processing, strategy management, and advanced analysis of traditional manual processes, thereby providing automated customer service.

Who invested in OneDegree

5 investors across 3 rounds

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Funding rounds

  1. Series B

    Jun 29, 2023

    Amount

    $27M

    Investors

    Locked

  2. Series B

    Aug 30, 2021

    Amount

    $28M

    Investors

    Locked

  3. Series A

    May 9, 2019

    Amount

    $17M

    Investors

    Locked

Questions about OneDegree

Who invested in OneDegree?

OneDegree has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OneDegree raised?

OneDegree has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did OneDegree last raise money?

OneDegree's most recent round on record is a Series B, in Jun 2023.

What does OneDegree do?

Founded in 2016 and based in Kwun Tong, Hong Kong, OneDegree Hong Kong Limited, trading under the name OneDegree, is a digital insurance company that covers pet insurance and fire insurance.

Where is OneDegree headquartered?

OneDegree is headquartered in Hong Kong SAR - China.

Which VCs invest in companies like OneDegree?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and Radical Ventures back insurance companies at OneDegree's stage. Their profiles are linked below.

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