Digit Insurance
PublicLast Round
Growth Equity
May 14, 2024
Est. Valuation
$3.2B
Total Funding Raised
$750.25M
Company Overview
Digit Insurance is a diversified insurance company providing a wide range of products including Fire, Marine Cargo, Marine Hull, Motor, Aviation, Personal Accident, and Health insurance, primarily focusing on the Indian market.
Sector
Fintech: Insurance
AI Layer
Application
Keywords
motor insurance providerfull-stack general insurerdigital-first insurance companydirect-to-consumer insurance platformsimplified insurance policiessmartphone-enabled self-inspectionautomated insurance claims processinghealth insurance providercommercial vehicle insurancecloud-based insurance platformnon-life insurance provider
Digit Insurance Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Digit Insurance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | May 14, 2024 | ||||
| Series D | May 4, 2022 | ||||
| Series C Extension | Jan 18, 2022 | ||||
| Series C Extension | Aug 26, 2021 | ||||
| Series C | Jul 2, 2021 | ||||
Series B | Jan 15, 2021 |
Digit Insurance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Cornerstone Sport | Series A, Series C |
| Fairfax Financial Holdings | Early Funding |
| Steadview Capital | Growth Equity |
| A91 Partners | Series B, Series A |
| Forward Commercial | Series C |
| Mirae Asset | Growth Equity |
| Axis Asset Management Company | Growth Equity |
Digit Insurance Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersBengaluru, Karnataka
Employee Range3,135
Year Founded2016
Last FundingMay 14, 2024