What is Alwrite?
Alwrite is an insurtech company and risk management platform provider headquartered in India. The company focuses on delivering innovative solutions within the insurance technology sector, aiming to streamline risk assessment and management processes for its clients. Its platform is designed to cater to the complex needs of the enterprise market, providing robust tools for managing insurance-related risks.
How much funding has Alwrite raised?
Alwrite has raised a total of $1.2M across 1 funding round:
Angel/Seed
$1.2M
Angel/Seed (2023): $1.2M with participation from Apurva Parekh and Deloitte
Key Investors in Alwrite
Apurva Parekh
Apurva Parekh is an individual investor participating in the funding round.
Deloitte
Deloitte provides audit & assurance, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries and territories bringing world-class capabilities, insights and service to address clients' most complex business challenges. Deloitte LLP is the Canadian member firm of Deloitte Touche Tohmatsu Limited, which is a network of member firms, each of which is a legally separate and independent entity.
What's next for Alwrite?
The recent major strategic investment signals a pivotal phase for Alwrite, likely enabling accelerated product development, market expansion, and enhanced service offerings. This infusion of capital, within the context of major enterprise-level funding, suggests a strong investor confidence in Alwrite's business model and its potential to disrupt the insurtech industry. The company is poised to leverage this backing to solidify its market presence and pursue further innovation in risk management solutions.
See full Alwrite company page