Igloo

Igloo

Private

Last Round

VC Round

Jan 26, 2026

Est. Valuation

$303.03M

Total Funding Raised

$90.2M

Company Overview

Igloo is an insurtech company that offers a comprehensive insurance technology platform designed to enhance accessibility through AI-driven risk assessment and automated claims management for businesses and consumers.

Sector

FinTech

Verticals

InsurTech, E-commerce, Lending & Credit, Low-Code/No-Code, ML Platforms

Business Model

B2B2C

Customer Profile

Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

embedded insuranceinsurtech platformmicroinsurancefull-stack insurtechinsurance APIB2B2C insuranceparametric insuranceautomated claimsAI underwritingweather index insuranceinsurance agent platformgig economy insurancegadget protectionpurchase protection insuranceloan protection insurance

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Igloo Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Igloo Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundJan 26, 2026
Early FundingDec 4, 2023
Series B ExtensionNov 29, 2022
Series BMar 10, 2022
Series A ExtensionApr 26, 2020
Series A
Feb 13, 2018

Key People

Founding team and executive leadership

Raunak Mehta

Co-Founder CEO

Founding Team

Zhu Liliang

Chief Technology Officer

Executive Team

Roshan Mahtani

Chief Financial Officer

Executive Team

Igloo Investors

Notable investors and investment history

InvestorRounds
Partech PartnersSeries A Extension
PartechSeries B, Series A Extension
Women's World Banking Asset ManagementSeries B Extension
BlueOrchardSeries B Extension
Kolibra CapitalSeries A Extension
C. Entrepreneurs FundSeries B Extension
Felicity Global CapitalSeries B Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 19, 2026

    Partnered with Shopee to deepen regional platform relationships.

  • Apr 19, 2026

    Expanding operations in the Philippines, shifting to a back-end tech provider.

Igloo Filings

SEC and related filings with document metadata.

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Igloo Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Igloo's valuation, stock price, and market status.

Firmographic Details

HeadquartersSingapore
Employee Range367
Year Founded2016
Last FundingJan 26, 2026

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