Singapore insurance tech Igloo raises $36m for Southeast Asia push

Startup looking for merger and acquisition opportunities in region

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Singapore at sunset. Insurance technology startup Igloo is based in the city-sate and focused on Southeast Asia. © Reuters

KRISTIE NEO, DealStreetAsia

SINGAPORE -- Singapore-based insurance technology startup Igloo has closed $36 million in pre-Series C funding led by Eurazeo's insurance tech fund and joined by Openspace's OSV+ and Paris-based investor La Maison.

The latest proceeds will see Igloo pursue merger and acquisition opportunities as it looks to deepen its foothold in Southeast Asia's insurance tech sector.

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