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Khazanah-backed insurtech firm PolicyStreet raises $21M in Series C funding round
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Khazanah-backed insurtech firm PolicyStreet raises $21M in Series C funding round
Malaysia-based PolicyStreet has secured MYR84 million (US$21 million) in the first close of its Series C funding round, the insurtech firm said in a press release on Wednesday. The round was led by Cool Japan Fund, with participation from existing investors Altara Ventures and Gobi Partners, alongside other investors. Altara Ventures and Gobi Partners cited the company’s growth and execution as factors supporting their continued participation in…
PolicyStreet Raises US$21 Million in Malaysia’s Largest Insurtech Round
PolicyStreet has raised US$21 million (RM85 million) in the first close of its Series C round after reporting more than US$1 million in profit for FY2025. The first close was led by Cool Japan Fund, with participation from existing investors Altara Ventures and Gobi Partners, along with other investors. The Malaysian insurtech is now backed by two sovereign wealth funds. Khazanah first backed PolicyStreet in a RM67 million (US$15.3 million) Seri…
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