Acko logo — ACKO is a tech company focused on solving real world problem...

Acko

ACKO is a tech company focused on solving real world problems for consumers: starting with insurance.

Founded 2016 India India 1752 employees Private Equity Total: $458.00M Insurance, Insurtech +2

General Information

Company Name Acko
Founded Year 2016
Location India India +2
Employees 1752
Industries Insurance, Insurtech, Health insurance +1
Funding Stage Private Equity
Social

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About Acko

ACKO, founded in 2016 and headquartered in India, is a tech-driven company reshaping the insurance landscape. Their mission, encapsulated in the slogan, "ACKO is a tech company focused on solving real world problems for consumers: starting with insurance," highlights their commitment to digitizing insurance services.

Catering to over 200 million tech-savvy families in India, ACKO employs a D2C model to offer nearly instant policy services, boasting zero commission and paperwork, and streamlining processes for auto, health, and embedded insurances. Their innovations have led to a remarkable 88% CAGR over four years, and they have already issued around 900 million policies.

Supported by investors such as General Atlantic, Multiples Private Equity, Accel, and Amazon, ACKO has raised over $450 million. They secured their latest Series E round on May 25, 2023, involving Multiples Alternate Asset Management and the Canada Pension Plan Investment Board. Visit their website at www.acko.com for more details.

Taxonomy: Tech-driven Insurance, Digital Platform, D2C Model, Zero Commission, Same-day Claim Settlements, Auto Insurance, Health Insurance, Embedded Insurance, Personalized Insurance Products, Bite-sized Coverage, Transportation Sector Insurance, App-based Claims, Instant Renewals, Customer-first Approach, Investment-backed Growth

Services & Products

Insurance Policy Management
Claims Filing and Tracking
Renewal Services
Insurance Customization
Expert Visa and Travel Support

Target Customers

Individual Policyholders Families Senior Citizens Car and Bike Owners Corporate and Enterprise Clients Frequent Travelers

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series E Unknown 2 Canada Pension Plan Investment Board 25 May 2023
Series D $255.00M 6 Canada Pension Plan Investment Board 27 Oct 2021
Series D $60.00M 4 Amazon 15 Sep 2020
Venture Round $36.00M 2 28 Nov 2019
Series C $65.00M 5 Amazon 13 Mar 2019

View All 8 Funding Rounds

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FAQ About Acko

ACKO is a tech company focused on solving real world problems for consumers: starting with insurance.
Acko was founded in 2016.
Acko is headquartered in India.
Acko operates in the following industries: Insurance, Insurtech, Health insurance, Car insurance.
Acko has approximately 1752 employees.
Acko has completed 8 funding rounds, raising a total of $458.00M. The latest funding stage is Private Equity.
Acko offers: Insurance Policy Management, Claims Filing and Tracking, Renewal Services, Insurance Customization, Expert Visa and Travel Support.
Top alternatives and competitors to Acko include Strickler Agency Inc., Emmanuel Insurance, SARAL INSURANCE BROKING PRIVATE LIMITED, 10Life, Prudential Life Insurance Ghana. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Acko and Strickler Agency Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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