What is AppMan?
AppMan is a prominent insurtech provider specializing in life insurance solutions, dedicated to enhancing the sales experience for clients in Thailand and across the broader Asian market. Established in 2011 and headquartered in Thailand, the company has positioned itself as a key player in modernizing the insurance industry through technological innovation. The recent capital infusion, categorized as a Series A round, signifies a pivotal moment for AppMan as it looks to scale its operations and further develop its offerings.
How much funding has AppMan raised?
AppMan has raised a total of $4.3M across 1 funding round:
Series A
$4.3M
Series A (2021): $4.3M with participation from KTBST, Krungsri Finnovate, Casmatt, SME Growing Together 1, and Poems Ventures
Key Investors in AppMan
KTBST
KTBST is likely a financial services firm based in Thailand, potentially offering investment banking or brokerage services, and is participating in this strategic funding round.
Krungsri Finnovate
Krungsri Finnovate is the corporate venture capital arm of Krungsri Bank, focusing on investing in innovative startups and fintech companies within Thailand and the surrounding region.
Casmatt
Casmatt appears to be a Thai-based entity involved in business development or investment, contributing to AppMan's strategic growth initiatives.
What's next for AppMan?
With the recent major strategic investment, AppMan is poised for accelerated growth and market expansion. The company is expected to leverage this capital to enhance its technological infrastructure, broaden its product portfolio, and strengthen its market presence in Thailand and other Asian territories. This funding round is indicative of strong investor confidence in AppMan's business model and its capacity to disrupt the traditional life insurance landscape.
See full AppMan company page
