Akad Seguros is a digital insurance company that operates property risks and financial lines and offers protection products for cyclists and service providers. The company recently obtained authorization from the Superintendence of Private Insurance (SUSEP) to operate in the personal insurance business, a market the article says already exceeds R$60 billion. Led by CEO Danilo Gamboa, Akad plans to use technology to differentiate service quality and expand the range of products and solutions offered to brokers and partners. The company intends to use the new funding to expand operations and accelerate development efforts. Management emphasized that investor experience will support the company’s growth and its intensive use of technology to improve partner services.

Total raised

$23M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2024