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Southeast Asia's InsurTech funding plunges 61 percent on year to $193M in 2024

Summary by TechNode Global
The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday. The data intelligence platform for private market research said in its latest report that the SEA InsurTech market has experienced significant fluctuations in funding over the past two years, saw its highest-ever funding in 2023. This trend aligns with a gl…
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Southeast Asia's InsurTech funding plunges 61 percent on year to $193M in 2024

The Southeast Asia (SEA) InsurTech total funding plunged 61 percent to $193 million in 2024 from $495 million in 2023, in line with global funding downturn across sectors, Tracxn said Friday. The data intelligence platform for private market research said in its latest report that the SEA InsurTech market has experienced significant fluctuations in funding over the past two years, saw its highest-ever funding in 2023. This trend aligns with a gl…

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TechNode Global broke the news in on Friday, February 21, 2025.
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