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The Times of India: Toffee Insurance raises $5.5 million in Series A
December 17, 2019March 11, 2020

The Times of India: Toffee Insurance raises $5.5 million in Series A

Learn more about the new round of funding announced by our insurtech portfolio company Toffee. Using AI and machine learning, Toffee is helping people in India to build safety-nets and manage risk through bite-size insurance policies.

The Times of India has more on our follow-on investment and plans ahead for the startup.

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Our Global Investments Advisor Smita Aggarwal visi Our Global Investments Advisor Smita Aggarwal visited the @shopup_now team in Bangladesh talking about all things #fintech and #finhealth.
Are you at #SGFintechFest? Don’t miss managing p Are you at #SGFintechFest? Don’t miss managing partner Tilman Ehrbeck speaking with industry experts to share tips and insights for entrepreneurs and investors alike! #fintech #finhealth
Managing partners #TilmanEhrbeck and #ArjunaCosta Managing partners #TilmanEhrbeck and #ArjunaCosta stopped by @toffeeinsurance this week to meet with their team and learn about what’s on the horizon! #insurtech #fintech
Kicking off an exciting week at #Money2020 in Las Kicking off an exciting week at #Money2020 in Las Vegas with #StartupPitch tomorrow! Managing partner Emmalyn Shaw and @thesteadyapp’s Adam Roseman will join the judging panel to dive into the latest and greatest in #AI, #wealthmanagent, #biometrics and more! Don’t miss it on Track 4 on Level 3 of The Venetian on Monday, 10/27!
“Who here thinks #China is a big deal? 🙋‍♂️ #Nigeria is projected to be bigger by population than China.” Managing partner #ArjunaCosta and @my_paga founder @oviosu spoke at #LAVCA to discuss “Banking the Unbanked in Nigeria.” #LAVCAweek #fintech #finhealth
Flourish managing partner TilmanEhrbeck moderated Flourish managing partner TilmanEhrbeck moderated a special #UNSGSA discussion around 10 years of #FinancialInclusion Advocacy alongside Her Majesty Queen Máxima of the Netherlands (the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, UNSGSA), in addition to remarks by @unitednations Secretary-General Mr. António Guterres, President @worldbank David Malpass, Co-Chair of the @gatesfoundation @melindafrenchgates, President and CEO of @paypal Dan Schulman, and President and CEO of @mastercard Ajay Banga. #Fintech #Finhealth
Last week, we announced exciting news about our in Last week, we announced exciting news about our investment in @fairmoney_ng and their commitment to building a better financial platform for underserved customers in emerging markets. Flourish Principal Ameya Upadhyay shares #WhyWeInvested in FairMoney - read at the #linkinbio! #Fintech #Finhealth
Flourish Associate Jenny Johnson joined #FINNOSUMM Flourish Associate Jenny Johnson joined #FINNOSUMMIT in #MexicoCity today to discuss how #impactinvesting can empower communities in big ways. #Fintech #Insurtech
Excited to have our Flourish team and our partners Excited to have our Flourish team and our partners participating in #FINNOSUMMIT in #MexicoCity this week! Panels featuring our own #ArjunaCosta & #JennyJohnson, Juntos’ CEO and Co-Founder Ben Knelman, and @albomx’s Founder and CEO Angel Sahagun are taking place focusing on #fintech and #insurtech innovation. Hope to see you there!
Scenes from today's inspiring #StartUpBoost event Scenes from today's inspiring #StartUpBoost event in São Paulo! Thanks to our speakers from Rippleworks, Loft, @CreditasBR, Kahn Academy, @Guiabolso & @timeneon, and all of the #startup professionals who attended! Thank you for being a part of building #finhealth by driving #fintech forward.
Vote for our #SXSW 2020 #PanelPicker submission! W Vote for our #SXSW 2020 #PanelPicker submission! We’ll spotlight how #fintech in the private sector can drive #finhealth with a panel hosted by our own #EmmalynShaw, joined by @freshebt’s Jimmy Chen, @thesteadyapp’s Adam Roseman and Guy Assad of @clerkieapp! Vote until August 23rd at: bit.ly/flourish-sxswpanel
Flourish Investment Associate Yaw Mante presents a Flourish Investment Associate Yaw Mante presents at Day 1 of #FlourishFintechLaunchpad with @seedsta.rs Seedspace in Dar es Salaam, #Tanzania. Throughout the day, startup founders, leaders, corporate representatives and #fintech experts discussed innovation and insights with entrepreneurs. Thanks to all who joined the discussion! #finhealth
Through supporting innovative ideas that create ec Through supporting innovative ideas that create economic opportunity, Flourish Ventures aims to bring together all the pieces of a fairer and more inclusive financial system that enables people to achieve #financialhealth and #prosperity. Dive into our mission, portfolio companies and people at the #linkinbio. • #fintech #venturecapital #finhealth #fintech4good
Our own Ameya Upadhyay spoke at @gsmaonline’s #M Our own Ameya Upadhyay spoke at @gsmaonline’s #Mobile360 #Africa conference about how supporting #fintech businesses has the power to build #finhealth and prosperity. Special thanks to those who attended! #gsma360africa
Our own Tilman Ehrbeck and Smita Aggarwal visited Our own Tilman Ehrbeck and Smita Aggarwal visited #Dhaka, #Bangladesh to meet with our portfolio company #ShopUp and their merchants, joined by #UNSGSA and Queen Máxima of the #Netherlands - great day discussing innovations that could drive #finhealth for more consumers! ••• #fintech #beautifulbangladesh
Special thanks to those who attended our #Flourish Special thanks to those who attended our #FlourishStartupBootcamp in #Lagos, #Nigeria today. Our own Arjuna Costa, Neil Dugal, Lisa Mikkelsen and Yaw Mante spent the day with #entrepreneurs sharing and discussing insights on how to strengthen their #startups! ••• #fintech #finhealth
Associate Jenny Johnston visited the robust #finte Associate Jenny Johnston visited the robust #fintech scene in #Curitiba to share more about our mission, and had the special opportunity to learn from local #entrepreneurs. Thank you to @endeavorbrasil, Hi Capital, and @ebanxlife for hosting us! ••• #finhealth #brasil #brazil #financialhealth
Congratulations to @kaleidofin, winner of the DFS Congratulations to @kaleidofin, winner of the DFS Lab #F3Prize! We’re proud to be a sponsor of the #F3Prize, as it celebrates the most innovative digital finance products and teams that are actively narrowing the gender gap in #financialinclusion. @kaleidofin is made up of 90% female customers, and helps women achieve their life goals by recognizing social structures and how to build around them. Also sending congrats to finalists @pezesha and Mama Prime for their dedication to bringing #financialservices to low-income women. 🌍 ••• [Pictured: Kaleidofin Co-Founders Sucharita Mukherjee and Puneet Gupta accept the award at the FT/IFC Transformational Business Awards Ceremony]
Congratulations to Naureen Hyat, cofounder of our Congratulations to Naureen Hyat, cofounder of our portfolio company @tezfs for winning the #fintech category of the global @visa_us #everywhereinitiative! We are proud to support the work you do to advance #financialhealth in Pakistan!
This week, we shared our investment in @clerkieapp This week, we shared our investment in @clerkieapp, the #AI-powered financial assistant. We look forward to seeing them help people achieve financial stability, and are sending congratulations to their team on the launch of their app! Read the link in our bio to learn more about why Guy Assad founded #Clerkie, and #WhyWeInvested from managing partner Emmalyn Shaw. 👆
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