Smartchoice logo — Insurance aggregator making it simple and affordable for 200...

Smartchoice

Insurance aggregator making it simple and affordable for 200M Pakistanis to compare and buy insurance instantly

Founded 2017 Pakistan Karachi, Pakistan 50 employees Seed Total: $305.00K Financial Services, Fintech +3

General Information

Company Name Smartchoice
Founded Year 2017
Location Pakistan Karachi, Pakistan +1
Employees 50
Industries Financial Services, Fintech, Insurance +2
Funding Stage Seed
Social

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About Smartchoice

Smartchoice, an insurance aggregator based in Pakistan, aims to simplify and make insurance affordable for the country's population of 200 million. Since its launch in 2017, Smartchoice has assisted over 30,000 customers in acquiring various personal insurance plans, including travel, health, and motor insurance, through its digital platform. The company's collaboration with top insurance firms in Pakistan such as Jubilee, Adamjee, EFU, IGI, TPL, UIC, and Pak Qatar Takaful further solidifies its position in the market. Notably, CrossFund recently made a $305.00K seed round investment in Smartchoice, signifying confidence in the company's potential to revolutionize the insurance industry in Pakistan. With its commitment to making insurance more accessible, Smartchoice presents an intriguing opportunity for investors seeking a foothold in the Financial Services and Insurtech sectors.

Taxonomy: insurance aggregator, Pakistan, digital platform, insurance comparison, insurance purchase, travel insurance, health insurance, motor insurance, customer support, claims assistance, personal insurance, Jubilee, Adamjee, EFU, IGI

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
01 Dec 2021
Seed Round •••••• 1
Investor
09 Apr 2021
Seed Round •••••• 3 •••• •••• 01 Aug 2020
Seed Round •••••• 1
Investor
21 Mar 2019
Angel Round •••••• - 01 Jan 2016

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FAQ About Smartchoice

Insurance aggregator making it simple and affordable for 200M Pakistanis to compare and buy insurance instantly
Smartchoice was founded in 2017.
Smartchoice is headquartered in Karachi, Pakistan.
Smartchoice operates in the following industries: Financial Services, Fintech, Insurance, Insurtech, Marketplaces.
Smartchoice has approximately 50 employees.
Smartchoice has completed 5 funding rounds, raising a total of $305.00K. The latest funding stage is Seed.
Top alternatives and competitors to Smartchoice include ISU Meeks Insurance, Cornerstone Insurance Services LLC, Business Insurance Specialists Pty Ltd , InPro Insurance Group, Inc., AVR Sigorta ve Reasürans Brokerliği Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Smartchoice and ISU Meeks Insurance 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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