OneDegree

Company

Investment-firm

Last deal

Amount

Corporate Round

Stage

15.12.2023

Date

6

all rounds

$85M

Total amount

General

About Company
OneDegree is a Hong Kong-based insurtech company that digitizes the insurance process from end-to-end.

Industry

Sector :

Subsector :

Also Known As

OneDegree Hong Kong

founded date

01.08.2016

Number of employees

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

The company offers a fully digitized insurance platform that simplifies the application process, making it easy for customers to purchase and manage insurance policies. OneDegree mainly focuses on pet insurance products, but also offers a wide range of other digitized insurance products, including protection for e-commerce, home, critical illness, and digital assets for individuals and businesses. The company collaborates with global leaders in insurance and health sectors to deliver new technology and user experience. OneDegree has raised over USD70 million to date and has operations in Hong Kong, Taipei, Shenzhen, and Singapore. Its subsidiary, OneDegree Hong Kong, received a virtual insurer license from the Hong Kong Insurance Authority in April 2020. Another subsidiary, OneDegree Global, provides modern insurance technology solutions that are adopted by leading insurers in Asia seeking to accelerate digital transformation.
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