Malaysia's PolicyStreet raises $6 million to be the go-to place to buy insurance online

PolicyStreet previously raised $1.8 million via equity crowdfunding last year

Alfred Lee

29 Sep, 2021

Malaysia's PolicyStreet raises $6 million to be the go-to place to buy insurance online | BEAMSTART News

- From our Sponsors -

PolicyStreet, a Malaysia-based platform for buying and comparing insurance products, has recently raised a new round of funding for expansion.

Earlier today, the company announced that it has successfully closed a Series A round of US$6 million.

Investment Information

  • PolicyStreet's Series A round was led by Gobi Partners, with the participation of Altara Ventures and Auspac.
  • In June last year, the company raised $1.8 million via equity crowdfunding led by KK Fund.
  • Funds raised will go towards the firm’s regional market expansion, technological development, and product improvement.

Other Key Highlights

  • Launched in 2017, PolicyStreet lets users easily compare and purchase insurance products online. 
  • The company has recently forged new partnerships with AirAsia Money, FoodPanda, and Carro's MyTukar.
  • PolicyStreet has also received a general insurance and reinsurance license from the Malaysian Labuan Financial Services Authority, allowing the company to create and underwrite insurance products.

- From our Sponsors -

Latest Jobs

Business Development Intern


Damansara Uptown, Malaysia


MYR 400 — MYR 500 monthly

Quality Assurance Lead



Full Time

Salary Undisclosed

Content Writer (Esports / Gaming)


Petaling Jaya, Malaysia


MYR 400 — MYR 600 monthly

News Editor

British Broadcasting Corporation

Hong Kong, Hong Kong (香港)

Full Time

Salary Undisclosed

Full Stack Developer - Financing Domain

OnDemand Agility


Full Time

SGD 4050 — SGD 4300 monthly

EA Personnel (Work Pass)

Trinity Employment


Full Time

SGD 2000 — SGD 3500 monthly

Senior Events Manager/ Director

Thomson Reuters

Singapore , Singapore

Full Time

USD 17000 — USD 25000 monthly

Digital Marketing Intern

Undrcut Digital Marketing



SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate


Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer


Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).