Acko Unicorn
ACKO is a digital-first Indian general insurer offering car, bike, health, life, and travel insurance plus enterprise solutions (group health, gig-worker coverage, device insurance), sold directly online and through embedded partner platforms rather than traditional agents.
Acko: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 28 Oct 2021 | Series D | $255 Mn | General Atlantic Multiples Alternate Asset Management Canada Pension Plan Investment Board Intact Ventures Lightspeed Venture Partners Munich Re Ventures | source |
| 16 Sep 2020 | Series D | $60 Mn | Munich Re Ventures Amazon Intact Ventures RPS Ventures | source |
| 28 Nov 2019 | Undisclosed | $36 Mn | Ascent Capital Binny Bansal | source |
| 14 Mar 2019 | Series C | $65 Mn | Accel Partners Amazon Binny Bansal Elevation Capital Intact Ventures RPS Ventures TechPro Ventures | source |
| 27 May 2018 | Undisclosed | $12 Mn | Amazon Ashish Dhawan Catamaran Ventures | source |
| 23 May 2017 | Seed | $30 Mn | Accel Partners Arpwood Capital Atul Nishar Catamaran Ventures DSP Blackrock Elevation Capital Kris Gopalakrishnan NuVentures | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 24 Jul 2024 | Acko | OneCare | Undisclosed | source |
| 17 Mar 2023 | Acko | Parentlane | Undisclosed | source |
| 3 Jun 2019 | Acko | VLer Technologies | Undisclosed | source |
News on Acko
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Who founded Acko?
Acko was founded by Varun Dua, Ruchi Deepak, Vishwanath Ramarao in 2016.
How much funding has Acko raised?
Acko has raised $458 Mn across 6 tracked funding round(s), most recently on 2021-10-28. Figures are compiled from cited public sources.
Who are the investors in Acko?
Investors in Acko include General Atlantic, Multiples Alternate Asset Management, Canada Pension Plan Investment Board, Intact Ventures, Lightspeed Venture Partners, Munich Re Ventures, Amazon, RPS Ventures.
What does Acko do?
ACKO is a digital-first Indian general insurer offering car, bike, health, life, and travel insurance plus enterprise solutions (group health, gig-worker coverage, device insurance), sold directly online and through embedded partner platforms rather than traditional agents.
Where is Acko headquartered?
Acko is headquartered in Bengaluru, Karnataka, India.
What is Acko's business model?
Acko's core value proposition centers on Digital-first, paperless insurance, Customised prices, instant policy, quick claims, Embedded, invisible insurance at point of purchase.
How does Acko make money?
Acko's cited revenue streams include Motor insurance premiums, Health insurance premiums, Life and travel insurance premiums, Enterprise solutions.