Arma Karma logo — We believe in better insurance for you and the world 💚

Arma Karma

We believe in better insurance for you and the world 💚

Founded 2019 United Kingdom Colchester, United Kingdom 8 employees Acquired Total: $1.75M

General Information

Company Name Arma Karma
Founded Year 2019
Location United Kingdom Colchester, United Kingdom +1
Employees 8
Funding Stage Acquired

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About Arma Karma

Arma Karma, founded in 2019 and headquartered in the United Kingdom, is on a mission to revolutionize the insurance industry. With its slogan, "We believe in better insurance for you and the world 💚", the company offers a fresh take on coverage through a flexible, monthly subscription model. Customers can cancel anytime, emphasizing convenience and customer control.

The firm is committed to transforming insurance for good, providing protection for valuable items whether at home, outdoors, or abroad. This innovative approach not only caters to modern consumer demands but also resonates with those seeking to make socially responsible choices in their purchases.

In its latest funding endeavor, Arma Karma secured a £1.50M Seed Round investment on 10 March 2023, backed by the Oxford Investment Opportunity Network. This investment underscores confidence in the company’s unique proposition and potential for growth in a traditionally rigid market. As the company scales, investors may find its value-driven model and engagement with sustainability trends promising.

Taxonomy: insurance innovation, subscription-based insurance, sustainable practices, monthly subscription, flexible plans, global coverage, cancellation policy, digital insurance

Services & Products

gadget insurance
accidental damage coverage
mechanical breakdown coverage
theft coverage
loss coverage
worldwide cover
charitable donations from subscriptions

Target Customers

students young professionals renters tech-savvy individuals environmentally conscious consumers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1
Investor
01 Mar 2025
Early VC •••••• - 01 Mar 2023
Support Program •••••• 1 •••• •••• 01 Nov 2022
Angel •••••• - 01 Aug 2020

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FAQ About Arma Karma

We believe in better insurance for you and the world 💚
Arma Karma was founded in 2019.
Arma Karma is headquartered in Colchester, United Kingdom.
Arma Karma has approximately 8 employees.
Arma Karma has completed 4 funding rounds, raising a total of $1.75M. The latest funding stage is Acquired.
Arma Karma offers: gadget insurance, accidental damage coverage, mechanical breakdown coverage, theft coverage, loss coverage, worldwide cover, charitable donations from subscriptions.
Top alternatives and competitors to Arma Karma include Insuret , Toggle Insurance, Freedom Insurance, Wrisk, Assured Certificates. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Arma Karma and Insuret 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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