What is AppMan?
Established in 2011 and headquartered in Thailand, AppMan is at the forefront of the insurtech revolution, specifically targeting the life insurance industry. The company provides advanced solutions designed to streamline and enhance the sales experience for insurance providers and agents. By leveraging technology, AppMan aims to bridge the gap between traditional insurance practices and the evolving demands of the digital age, positioning itself as a key player in the region's burgeoning insurtech landscape.
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, SME Growing Together 1, Poems Ventures, Casmatt, and Krungsri Finnovate
Key Investors in AppMan
KTBST
KTBST, operating in Thailand, likely focuses on financial services and investment opportunities within the local market, potentially including technology and growth-stage companies.
Casmatt
Casmatt, based in Thailand, appears to be involved in the financial sector, possibly providing capital or strategic partnerships to technology-driven businesses.
Krungsri Finnovate
Krungsri Finnovate is a venture capital arm that actively invests in innovative startups and technology companies, particularly those with potential for disruption in the financial services industry.
What's next for AppMan?
With the recent major strategic investment, AppMan is poised for accelerated growth and further market penetration. This substantial backing is expected to fuel the company's expansion initiatives, potentially including product development, technological enhancements, and broader market reach within Asia. The enterprise-level capital infusion signals a strong belief in AppMan's business model and its capacity to disrupt the traditional insurance sales channels, paving the way for future innovation and scaling within the competitive insurtech ecosystem.
See full AppMan company page
