Bowtie
Bowtie is a licensed life insurance company and Hong Kong’s very first virtual insurer. Built with modern technology and medical expertise, Bowtie’s powerful platform offers medical insurance plans under the Voluntary Health Insurance Scheme (VHIS) and other real insurance products to customers instantly and directly.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor | €0.0 Valuation: €0.0 15.2x EV/Revenue | round | |
| investor | €0.0 Valuation: €0.0 9.0x EV/Revenue | round | |
* | $70.0m | Series C | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 85 % | 24 % | 16 % | 46 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Bowtie is a digital insurance company based in Hong Kong that provides affordable, commission-free health insurance policies directly to consumers through its online platform. The company operates in the health insurance market, targeting individuals and families seeking transparent and straightforward insurance solutions. Bowtie's business model revolves around leveraging technology to streamline the insurance process, from application to claims, thereby reducing costs and improving customer experience. Revenue is generated through the sale of insurance policies, with a focus on eliminating traditional commission structures to offer more competitive pricing. Key features include instant policy issuance, comprehensive coverage options, and a user-friendly interface. The company serves a diverse client base, primarily within Hong Kong, and aims to democratize access to quality healthcare through innovative digital solutions.
Keywords: digital insurance, health insurance, commission-free, online platform, instant issuance, affordable, Hong Kong, technology-driven, customer-centric, comprehensive coverage.