Crabi
Av Terranova 1455-Office 302, Providencia, Guadalajara, Jalisco, 44639, Mexico
Overview
Crabi is a full-stack digital car insurance company that delivers instant, mobile-first policy issuance, automated claims support, and AI-powered underwriting. It combines proprietary infrastructure, regulatory approval, and embedded distribution partnerships with dealers, lenders, and brokers to drive access. Crabi reports 2x+ year-over-year growth, a more than 20x increase in run rate, and materially improved loss ratio and operating efficiency. The company says it is the first tech-native insurance company in over 25 years to receive regulatory approval in Mexico. Crabi plans to expand its distribution network, onboard more partners, and invest further in AI-driven operations and underwriting solutions to close the country’s insurance protection gap. Crabi is a Guadalajara, México-based customer-focused auto insurance company that offers on-demand car insurance customers can acquire from wherever they are, whenever they want. Customers only pay for the coverage they need. The company obtained a license to be a risk-carrier and operates as a full-stack auto insurer. Crabi raised $4M in seed funding led by Kaszek Ventures with participation from Tuesday Capital and Redwood Ventures. It plans to use the funds to expand its customer-centric insurance offering across Mexico and Latin America. Leadership includes Founder and CEO Javier Orozco and CTO Daniel Bernardez; founders include Arnoldo de la Torre, Cristina Carvallo, Ana Elvia Sandoval, Alejandra Vazquez and Estefany Esteban.
- Total raised
- $18M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jun 2025
Industries
- Auto Insurance
- Insurance
- InsurTech
Recent funding
Equity
Jun 2025
$14M
Seed
Oct 2021
$4M