Crabi Raises $13.6M in Funding

Mexican InsurTech Crabi raises $13.6m to scale AI insurance

Crabi, a digital auto insurance company based in Mexico, has raised $13.6m to expand access to its AI-driven platform. The funding round was led by Kaszek and IGNIA, with participation from 30N Ventures, Redwood Ventures, Carao Ventures, Azuro Capital, Newtopia VC, and others. Crabi offers a fully digital, mobile-first auto insurance service aimed at simplifying access to coverage in Mexico, where over 70% of vehicles remain uninsured. The compa…

Crabi Raises $13.6M in Funding

Crabi, a Mexico City, Mexico-based provider of an auto insurance platform, raised $13.6M in funding. The round was led by Kaszek and IGNIA, with participation from 30N Ventures, Redwood Ventures, Carao Ventures, Azuro Capital, Newtopia VC, and other investors. The company intends to use the funds to onboard more distribution partners into its network, invest […] The post Crabi Raises $13.6M in Funding appeared first on FinSMEs.

Crabi Raises $13.6 Million to Scale Access to Its AI-Driven Auto Insurance Across Mexico

New funding will fuel expansion of distribution network plus AI-powered solutions amid 2X + YoY growth and 20x scale-up in run rate Crabi, the leading full-stack auto insurance platform built to make coverage simpler, smarter, and more accessible, announced it has raised $13.6 million in new funding. The round was led by Kaszek and IGNIA, with participation from 30N Ventures, Redwood Ventures, Carao Ventures, Azuro Capital, Newtopia VC, and othe…