Nubloq
Increasing your income and creating value for your customers.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Nubloq S.A.S. is an insurtech-as-a-service provider based in Medellín, Colombia, that enables companies to embed financial products, primarily insurance, into their existing digital platforms and customer journeys. The company was formally established on June 15, 2021. Nubloq operates on a B2B and B2B2C model, targeting businesses that wish to offer insurance contextually at the point of sale, thereby creating new revenue streams and enhancing their value proposition.
The company's core offering is a technology layer that acts as a plug-and-play intermediary between financial institutions and non-financial companies. This infrastructure simplifies the technical, regulatory, and administrative complexities typically associated with distributing insurance products. Nubloq provides integration flexibility through APIs, low-code/no-code tools, and microsites, adapting to the client's existing user path. A key differentiator is its business model, which does not involve integration fees or mandatory long-term contracts, focusing instead on earning a commission from each insurance sale and renewal.
Nubloq's platform allows partners to offer a wide array of insurance types, such as pet insurance for customers buying pet food, extended warranties for e-commerce, home insurance for real estate transactions, and personal accident policies for service consumers. The company collaborates with its clients to co-create and tailor insurance products backed by major insurers to fit specific use cases. By handling the regulatory aspects and back-end administrative tasks, Nubloq allows its partners to focus on their core business while seamlessly offering financial products that build customer trust and loyalty. The company reported a significant net sales revenue increase of 333.58% in 2023.
Keywords: embedded insurance, insurtech-as-a-service, API, financial services integration, B2B2C, Latin America, insurance distribution, plug-and-play finance, fintech, Medellín, Colombia, insurance marketplace, contextual insurance, digital insurance, platform integration, low-code insurance