Plum logo — Insurance and health benefits for companies that care.

Plum

Insurance and health benefits for companies that care.

Founded 2019 India Bengaluru, India 529 employees Series A Total: $316.60M Insurance, Insurtech +2

General Information

Company Name Plum
Founded Year 2019
Location India Bengaluru, India +1
Founders / Decision Makers
Team member
Employees 529
Industries Insurance, Insurtech, Health insurance +1
Funding Stage Series A
Social

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About Plum

Plum is a startup that aims to revolutionize the insurance and health benefits industry with its slogan "Insurance and health benefits for companies that care." Founded in 2019 and headquartered in India, Plum's mission is to help companies better support their employees by offering insurance and health benefits that are simple, inclusive, and accessible. The company's approach is focused on eliminating the complexities associated with insurance, making it easy for employees to understand their policies, use their insurance & benefits, and initiate claims. This user-centric model positions Plum as a disruptive force in the Insurance, Insurtech, and Health insurance industries. Plum's recent success includes securing a noteworthy $15.60M Series A investment on 30 May 2021. The investment was backed by a consortium of prominent investors including Tiger Global and Peak XV Partners (formerly Sequoia Capital), as well as Gemba Capital, Incubate Fund India, Harsh Jain, Lalit Keshre, Hemesh Singh, Anuj Srivastava, Ramakant Sharma, Kunal Shah, Gaurav Munjal, and Tanmaya Jain. Plum's innovative and investor-backed approach positions it as a formidable player in the evolving landscape of employee benefits and insurance, making it a compelling entity for venture capital consideration.

Taxonomy: health benefits, employee benefits, business insurance, health insurance, Tiger Global, Peak XV Partners, Sequoia Capital, startup, company benefits, accessible healthcare, affordable health insurance, employee care

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 10
Investor Investor
•••• ••••
30 May 2021
Seed Round •••••• - 20 Nov 2020
Pre Seed Round •••••• - 01 May 2020
Pre Seed Round •••••• - 02 Feb 2020
Pre Seed Round •••••• - 22 Jan 2020

Plum Alternatives & Competitors

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Plum vs
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FAQ About Plum

Insurance and health benefits for companies that care.
Plum was founded in 2019.
Plum is headquartered in Bengaluru, India.
Plum operates in the following industries: Insurance, Insurtech, Health insurance, Human Resources.
Plum has approximately 529 employees.
Plum has completed 5 funding rounds, raising a total of $316.60M. The latest funding stage is Series A.
Top alternatives and competitors to Plum include Healthysure, Benefits, Inc, benecurv, Compass Rose Health Plan, Venteur. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Plum and Healthysure 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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