PolicyStreet Raises $5 Mn in Series C Round from BlueOrchard

With this new investment, PolicyStreet's total Series C funding has reached US$26 million.

BlueOrchard has joined PolicyStreet's existing investors, including Khazanah Nasional Berhad, Cool Japan Fund, Altara Ventures, and Gobi Partners.

The investment will support PolicyStreet's mission to make insurance more accessible by using technology and embedded insurance solutions to reach more people and businesses.

"As PolicyStreet scales, we have always been driven by more than revenue growth. Our mission has been clear from day one: to narrow the protection gap and make insurance more accessible, affordable, and relevant. BlueOrchard's participation in our Series C round is a strong validation of that mission and our belief that impact and commercial success can go hand in hand. Insurance is not a luxury. It is a necessity, and we remain committed to expanding access to protection for underserved communities across Asia," said Yen Ming Lee, Co-Founder and Chief Executive Officer of PolicyStreet.

Alice Mak, Investment Director, Private Equity at BlueOrchard, said: "PolicyStreet has demonstrated that insurance can be delivered in a way that is both inclusive and scalable. Through its embedded insurance model, the company is expanding access to protection for underserved and underinsured communities while building a sustainable business. We are excited to support the team as they continue scaling their impact across the region."

Founded in 2016 by Yen Ming Lee, PolicyStreet Group is a full-stack insurtech company that provides digital insurance solutions to businesses and consumers across Asia and Australia.

Its platform helps companies and individuals buy, manage, and access insurance digitally, making insurance services simpler and more accessible.

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