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OPENPLAN logo — Making insurance simple and openly accessible for everyone

OPENPLAN

Making insurance simple and openly accessible for everyone

Founded 2019 Korea South Korea South 7 employees Series A Total: $4.13B Financial Services, Insurance

General Information

Company Name OPENPLAN
Founded Year 2019
Location Korea South Korea South +1
Employees 7
Industries Financial Services, Insurance
Funding Stage Series A
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About OPENPLAN

Founded in 2019, OPENPLAN aims to simplify and democratize insurance through its insurtech platform. With a focus on making insurance more accessible, the South Korea-based company is gearing up to expand its operations globally, starting with Southeast Asia. Boasting a full suite of digital and data-driven technology, OPENPLAN is at the forefront of the next generation of InsurTech ecosystem. The company recently secured a significant KRW3.00B Series A investment on 09 June 2022, with backing from notable investors including FuturePlay, TS Investment, and Plug and Play. For further details, visit their website at toggle.ly.

Taxonomy: InsurTech, digital technology, data-driven, insurance accessibility, global operations, Southeast Asia expansion, technology-driven insurance, insurance innovation, insurance digitization, international operations

Services & Products

eSIM technology integration
digital marketing solutions
telecommunications services

Target Customers

online shoppers mobile device users businesses seeking digital transformation

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 3
Investor Investor Investor
09 Jun 2022
Non Equity Assistance •••••• 1 •••• •••• 07 Dec 2021
Angel Round •••••• 1
Investor
30 Jul 2021
Seed Round •••••• 1
Investor
10 Dec 2020
Seed Round •••••• 3
Investor Investor Investor
31 Oct 2020

View All 6 Funding Rounds

OPENPLAN Alternatives & Competitors

OPENPLAN vs
Insurtech Hub
Insurtech Hub Turkey

Insurance and Technology: InsurTech collaboration is key to the future...

10 employees
Information Technology, Insurance
OPENPLAN vs
Covr Financial Technologies
Covr Financial Technologies United States

Simplifying the way insurance is purchased for financial institutions, their advisors and their clie...

Series B
98 employees
Financial Services, Fintech
OPENPLAN vs
ZERO Insurance
ZERO Insurance Germany

Invisible Insurance

8 employees
Insurance, Health insurance

FAQ About OPENPLAN

Making insurance simple and openly accessible for everyone
OPENPLAN was founded in 2019.
OPENPLAN is headquartered in Korea South.
OPENPLAN operates in the following industries: Financial Services, Insurance.
OPENPLAN has approximately 7 employees.
OPENPLAN has completed 6 funding rounds, raising a total of $4.13B. The latest funding stage is Series A.
OPENPLAN offers: eSIM technology integration, digital marketing solutions, telecommunications services.
Top alternatives and competitors to OPENPLAN include Insurtech Hub, Covr Financial Technologies, ZERO Insurance, emilian Ltd., Vittoria hub. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OPENPLAN and Insurtech Hub 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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