Best Internet First Insurance Platforms Companies in Singapore
The 48 best Internet First Insurance Platforms companies in Singapore in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Singlife.
- ResearchAndMarkets.com
- Global Industry Analysts Inc.
Ranked: Best Internet First Insurance Platforms companies in Singapore
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Singlife Provider of an app-based life and health insurance platform | $319M | 33 mo ago | Acquired | — | 2014 | Adobe Experience ManagerApple iCloud MailJava+35 | 1 award |
| 2 | Igloo Provider of digital insurance solutions for businesses and consumers 78Tech top 21%Growth top 26%Fin. health top 26%Funding top 27% All 9 signals ▾Techtop 21% Growthtop 26% Fin. healthtop 26% Fundingtop 27% Moattop 31% Producttop 40% Markettop 43% Talentbottom 49% Globalbottom 39% Tech: 53 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Growth: Revenue +49% YoY · 1 acquisition/expansion move in 24 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $100M | 6 mo ago | Series B | Raunak Mehta Co-Founder & Co-CEO | 2016 | WordPressMySQLPHP+31 | 1 launch · 1 partnership |
| 3 | GoBear Comparison portal of financial products | $97M | 74 mo ago | Acquired | — | 2014 | — | — |
| 4 | UexGlobal Mobile-first health insurance service providers marketplace | $983K | 101 mo ago | Deadpooled | Clement Bouthelier Co-Founder | 2016 | — | — |
| 5 | Vouch P2P auto insurance platform | $757K | 102 mo ago | Deadpooled | Yujun Chean Co-Founder & CEO | 2016 | — | — |
| 6 | PolicyPal Mobile first insurance distribution platform | — | 70 mo ago | Acquired | — | 2016 | VarnishTailwind CSSGitHub Pages+3 | — |
| 7 | GigaCover Unemployment insurance for freelancers | — | 85 mo ago | Seed | Cx Cheng Xun Co-Founder / Board Director | 2017 | OmiseGoogle AdsLinkedin Ads+15 | — |
| 8 | Vesl Trade credit insurance provider | — | 112 mo ago | Seed | Ledesma Maureen Nova Chua Co-Founder & CEO | 2016 | — | — |
Top 8 Internet First Insurance Platforms companies in Singapore
#1
Series B · Singapore, Singapore · founded 2016 · 180 employees$100Mraised▾
Provider of digital insurance solutions for businesses and consumers. The company offers a platform to create insurance products, expand digital reach, and optimise operations. It provides solutions for agency management, direct-to-consumer insurance, and partner sales. The company’s technology covers product configuration, policy management, claims, and finance reconciliation.
- Jan 2026Series B$5M
- Dec 2023Series B$36M
- Nov 2022Series B$27M
- Mar 2022Series B$19M
#2
Acquired · Singapore, Singapore · founded 2014 · 92 employees$319Mraised▾
Provider of an app-based life and health insurance platform. It offers quotes for term life insurance, critical illness, death, terminal illness, cancer plans, and more. It also provides claims processing services. It offers wealth management services. It allows users to track insurance and control money spending. Its app is available on Android and iOS platforms.
- Nov 2023Series D$132.8M
- Aug 2021Series C$5.9M
- Jul 2019Series C$90M
- May 2019Series B$7.3M
#3
Acquired · Singapore, Singapore · founded 2014 · 165 employees$97Mraised▾
GoBear offers a comparison platform for financial products such as credit cards, consumer loans, and more. It also offers a comparison for insurance and banking products, Robo advisors, brokers, and more. Comparisons are offered on the basis of credit scores.
- May 2020Series C$17M
- May 2019Series C$80M
#4
Deadpooled · Singapore, Singapore · founded 2016 · 61 employees$983.4Kraised▾
Mobile-first health insurance service providers marketplace. The platform gives customers a social way to subscribe manage their insurance through their mobile. Users can customize their insurance policy and share it in their social profiles. The app is designed for expatriates and has LeoTech as a technology partner.
- Feb 2018Seed$983.4K
#5
Deadpooled · Singapore, Singapore · founded 2016 · 6 employees$757.2Kraised▾
Vouch provides an online P2P car insurance platform. It offers drivers to pool a part of premiums together in groups. It also offers no claim reward for its customers. Its insurance partners include NTUC income insurance, Tokio marine insurance, and Sompo insurance.
- Feb 2018Seed$757.2K
#6
Acquired · Singapore, Singapore · founded 2016 · 21 employees—raised▾
PolicyPal provides a mobile application to purchase and manage the different insurance to the users. The user can take the photo of the existing policy and upload it to the application. PolicyPal analyzes the current plan and provides recommendation through the chatbot about the optimal insurance plans. PolicyPal has partnered with Aviva and AXA for insurance distribution.
- Sep 2020Seed—
- Mar 2017Seed—
- Jul 2016Seed—
#7
Seed · Singapore, Singapore · founded 2017 · 36 employees—raised▾
Gigacover provides Freelancer Income Protection Insurance during illness or injury. It features on-demand insurance for the gig economy during unemployment days. The policy covers payouts for leaves during hospitalization. It offers Gigacover app for policy administration and claims.
- Jun 2019Seed—
#8
Seed · Singapore, Singapore · founded 2016 · 9 employees—raised▾
Vesl enables SMEs to avail invoice financing by offering trade credit insurance. The company operates an online marketplace connecting borrowers, insurers, and financiers. Vesl underwrites the credit insurance using its internal underwriting system and distributes it online as a pay per transaction scheme.
- Apr 2017Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Internet First Insurance Platforms coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding falling · growth flat
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.