BRV invests in bolttech

bolttech is announcing another strategic investor – BRV Capital Management – an Asia-based investment platform. The addition follows bolttech’s announcement of Series A investors including Activant Capital, Tony Fadell – Principal at Future Shape LLC, Alpha Leonis Partners, Dowling Capital Partners, B. Riley Venture Capital, Tarsadia Investments, EDBI Singapore and Mundi Ventures.

bolttech powers connections between insurers, distributors, and customers for buying and selling insurance and protection products. The company is live in 26 markets across North America, Asia, and Europe, working with over 150 insurers and 700 distribution partners.

“We have set out to be ambitious in the implementation of our international growth strategy, moving with speed and conviction to make strategic acquisitions and invest in our talent and capabilities. BRV’s investment is further validation of our unique proposition and vision to connect people with more ways to protect the things they value. We are delighted to welcome BRV as a strategic investor and look forward to capturing the commercial opportunities made possible by this partnership .” – Rob Schimek, group CEO, bolttech.

“bolttech’s leading technology-driven insurance exchange and distribution network presents a very compelling opportunity to be a part of a future of insurance that will benefit customers and partners alike. We are excited to partner with bolttech and support its continued international expansion by extending our own resources and networks.” – Kwan Yoon, general partner, BRV Capital Management.