News

Staff Reporter

, Hong Kong

Published:

10 days ago

/Bowtie

Insurtech Bowtie seals $35m series B2 round

It aims to narrow Hong Kong’s insurance gap with the new funding.

Bowtie, a Hong Kong-based virtual insurer completed a Series B2 funding round, raising a total of $34.9m.

The primary investor leading this round is Sun Life Hong Kong, with additional participation from Mitsui & Co..

ALSO READ: Virtual insurer Bowtie cuts down product prices by half

With the newly secured funding, Bowtie aims to expand its operations and advance its technologies in order to address Hong Kong's substantial $886b protection gap.

Bowtie's goal is to expedite product innovation and strengthen vertical integration with healthcare providers, introducing differentiators that will fundamentally transform the customer experience.

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Bowtie

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