What is Crabi?
Founded in 2018, Crabi operates as a digital-first insurance provider, fundamentally altering the traditional insurance value chain in Mexico. By utilizing a proprietary online platform, the company eliminates the friction typically associated with legacy insurance models, offering users a transparent, efficient, and user-centric experience. Crabi's market position is defined by its ability to integrate data-driven underwriting with a seamless mobile-first interface, effectively capturing a growing demographic of digital-native policyholders who demand agility and clarity in their financial services.
How much funding has Crabi raised?
Crabi has raised a total of $17.6M across 2 funding rounds:
Angel/Seed
$4M
Other Financing Round
$13.6M
Angel/Seed (2021): $4M with participation from Kaszek Ventures, Tuesday Capital, and Redwood Ventures
Other Financing Round (2025): $13.6M led by Kaszek Ventures, Carao Ventures, Azuro Capital, Ignia, 30N Ventures, Newtopia VC, and Redwood Ventures
Key Investors in Crabi
Kaszek Ventures
Kaszek is a venture capital firm focused on partnering with exceptional tech entrepreneurs in Latin America, providing both capital and operational expertise.
Carao Ventures
Carao Ventures is an early-stage venture capital firm focused on supporting entrepreneurs in small and medium-sized markets across Latin America.
Azuro Capital
Azuro Capital is a private investment firm serving as the investment arm for a consortium of European family offices, specializing in fintech and AI.
What's next for Crabi?
Following this major strategic investment, Crabi is expected to prioritize the scaling of its technological infrastructure and the expansion of its insurance product suite. The influx of capital will likely be deployed toward enhancing algorithmic risk assessment capabilities and deepening market penetration within Mexico and potentially broader Latin American territories. As the company transitions into this next phase of maturity, the focus will remain on maintaining operational excellence while navigating the regulatory complexities inherent in the insurtech space. Investors will be closely monitoring the firm's ability to convert this capital into sustainable market share and long-term profitability.
See full Crabi company page