Led · Series A · Jan 2024

PolicyStreet operates an embedded insurance platform that integrates protection into digital platforms and everyday transactions, partnering with commerce, gig-economy, mobility, travel, logistics and telecommunications businesses. Over the past nine years it has scaled to serve more than 10 million customers and facilitated over $10 billion in sum insured, while reaching over 50,000 SMEs and serving a sizable share of gig workers. The company reports more than $1 million in profit for FY2025 and has doubled its customer base recently as it expanded regionally. PolicyStreet plans to use new capital to accelerate regional growth, deepen distribution partnerships, enhance technology capabilities and roll out new products for individuals and businesses. By 2030 the company aims to serve 1.5 million gig workers and 300,000 SMEs and MSMEs as it pushes to close protection gaps among underserved populations.